The PM requested Thua Thien-Hue province to only license textile supporting industrial infrastructure developers which are committed to establishing a standard concentrated wastewater treatment system
Hanoi (VNA)♍ – Prime Minister Nguyen Xuan Phuc has requested Thua Thien-Hue province to only license textile supporting industrial infrastructure developers which are committed to establishing a standard concentrated wastewater treatment system together with a monitoring mechanism.
He made the request while assigning authorities of central Thua Thien-Hue province to complete and approve a project on developing a supporting industrial cluster for the garment and textile sector at the Phong Dien industrial zone.
Production projects in the cluster need to be qualified for environmental protection measures as required by laws. Those using advanced technologies meeting technical standards of the European Union or equivalent ones will be prioritized.
The PM has agreed to allocate 100 billion VND (4.5 million USD) sourced from the State budget to build a wastewater treatment plant at the cluster.
Under the project, investors will be given incentives in credit loans, site clearance, and land leasing as well as corporate and individual income tax and other preferential treatments.-VNA
Vietnam’s textile and apparel sector remained passive in global value chains, said Nguyen Cam Tu, Deputy Minister of Industry and Trade, at a workshop on March 29 in Hanoi.
Opportunities to invest in Vietnam’s garment and textile industry were introduced to representatives from nearly 70 Indian textile and garment companies at a conference held in Coimbatore on June 2.
Garment and textile industry exports in the first five months of this year rose 6.1 percent to 8.6 billion USD, according to the Ministry of Industry and Trade.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
Illustrative image (Source:baotintuc.vn)
