The European Union (EU) wants to become the largest investor in Vietnam, especially in Ho Chi Minh City and neighbouring localities, said Ambassador Bruno Angelet, head of the EU Delegation to Vietnam
Ambassador Bruno Angelet (L) and Chairman of the municipal People’s Committee Nguyen Thanh Phong (Source: VNA)
HCM City (VNA) – TheEuropean Union (EU) wants to become the largest investor in Vietnam, especiallyin Ho Chi Minh City and neighbouring localities, said Ambassador Bruno Angelet,head of the EU Delegation to Vietnam during a meeting in the southern city onMarch 15 with Chairman of the municipal People’s Committee Nguyen Thanh Phong.
According to the ambassador, theEU is currently one of the top three trade partners of Vietnam and the fifthlargest investor in the country.
He said he is impressed by thecity’s continuous progresses to be recently named as one of the top 10 dynamiccities in the world, and wished that the city would continue refining policiesfor foreign investors and paying attention to intellectual property protectionand food safety and hygiene.
The EU is ready to assist Ho ChiMinh City in developing renewable and green energy, including the constructionof green buildings and the effective use of energy, he stated.
Chairman Phong, for his part,spoke highly of the EU’s support to the city in the construction of metro lineNo.2, Soai Rap river dredging, agricultural and climate change responseprojects over the past years.
He expressed his thanks for theguest’s suggestions to improve the local business climate, adding that he backsthe building of a regular dialogue mechanism with the European Chamber ofCommerce in Vietnam (EUROCHAM) to acquire their feedback and promptly clearobstacles facing EU investors.
At the reception, the two sides alsodiscussed the progress of the metro line No.2 construction and sustainabledevelopment of urban infrastructure in the city funded by the EU via the FrenchDevelopment Agency and the German Development Bank KfW.
They agreed to direct concernedagencies to accelerate the above projects, making it easier for the EU toincrease partnership programmes in the city in the near future.-VNA
National Assembly Vice Chairwoman Tong Thi Phong hosted a reception for Chair of the Subcommittee on Human Rights of the European Parliament’s Committee on Foreign Affairs Pier Antonio Panzeri in Hanoi on February 22.
Increasing constructive dialogue between the EU and Vietnam is the aim of the visit from February 21-23 of a delegation from the Subcommittee on Human Rights of the European Parliament’s Committee on Foreign Affairs.
European companies expressed optimism about the business environment in Vietnam during a recent meeting with the press, Cong Thuong (Industry & Trade) newspaper reported.
Vietnam’s upcoming free trade agreement with the European Union is expected to make Vietnam the most promising business destination for European companies in Southeast Asia.
EuroCham President Michael Bahren has affirmed his agency’s commitments to supporting and encouraging European businesses to forge stronger partnerships with Vietnam.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
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.
Ambassador Bruno Angelet (L) and Chairman of the municipal People’s Committee Nguyen Thanh Phong (Source: VNA) 
