The third Expo-Russia Vietnam 2019 will take place from November 14-16 at the Hanoi-based National Exhibition Construction Centre, the Vietnam Chamber of Commerce and Industry (VCCI) said at a press conference in the capital city on October 3.
Hanoi (VNA) – The third Expo-Russia Vietnam 2019 will take place fromNovember 14-16 at the Hanoi-based National Exhibition Construction Centre, theVietnam Chamber of Commerce and Industry (VCCI) said at a press conference inthe capital city on October 3.
According to the VCCI, the Vietnam-Russia Interregional Business Forum willalso be held on this occasion.
The events aim to mark the 25th anniversary of the signing of the treatyon basic principles for the Vietnam-Russia bilateral friendship (June 16,1994), and form part of activities within the Vietnam Year in Russia and RussiaYear in Vietnam.
Thebiennial expo has been co-organised by the VCCI and Zarubezh Expo JSC of Russiasince 2015, said Nguyen Tuan Hai, head of the VCCI’s Foreign RelationsDepartment.
Over the past years, Vietnam has attracted great attention from foreignbusinesses, including those from Russia, he said, adding that Russia now ranks24th among 129 countries and territories investing in the SoutheastAsian nation, with 123 projects valued at 932 million USD.
Meanwhile, Vietnam is running 22 projects worth nearly 3 billion USD in Russia.Vietnam is Russia’s 23rd largest trade partners worldwide, thebiggest in the Association of Southeast Asian Nations (ASEAN), and the sixth amongmembers of the Asia-Pacific Economic Cooperation (APEC) forum.
Hai said after the EAEU-Vietnam Free Trade Agreement took effect on October 5,2017, trade between Vietnam and Russia grows about 30 percent annually and isprojected to reach 10 billion USD in 2020.
Alexander Kardo-Sysoev, deputy head of the Russia Trade Office in Vietnam, saidthe Expo-Russia Vietnam 2019 will see the participation of exporters in major areaslike energy, mechanics, agriculture, transportation, media, chemical industry,medicine and pharmaceutical products./.
Vietnam and Russia boast a lot of potential for stronger trade cooperation in various areas, especially agriculture and technology, heard participants at the Vietnam-Russia trade exchange programme in Ho Chi Minh City on September 17.
Minister of Public Security General To Lam hosted a reception for Minister of Internal Affairs of Russia Kolokoltsev Vladimir Aleksandrovich in Hanoi on September 17.
President of the Eurasian Ideas Foundation Grigory Trophimchuk said Vietnam and Russia are building an exemplary relationship during an interview recently granted to Vietnam News Agency on the occasion of his Vietnam visit.
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&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
At the press conference (Photo: VNA) 
