Frozen tra (pangasius) fish processing line in Can Tho city (Photo: VNA)
Hanoi (VNA) –ꦐ A virtual trade promotion andcooperation conference for businesses of Vietnam and Mexico will be held onMarch 23-24.
Nearly 60 firms of the two countries have registered to join the event to be jointly organised by the Vietnam TradePromotion Agency (Vietrade) under the Ministry of Industry and Trade and theTrade Office in Mexico, together with the Mexican Secretariat of Economy. It aims to help localities, firms and cooperatives supplyingagro-fishery-forestry products and foodstuff of Vietnam seek partners andchances to export to Mexico; and introduce the countries’ staples and know-howwhen entering the markets. The conference will host sessions assisting Vietnamese firms seeking the supply of electronic devices, air conditioners, opticalinstruments and medical equipment from Mexican manufacturers. In the first two months of 2022, Vietnam enjoyed a tradesurplus of nearly 600 million USD with Mexico, as the country shipped productsworth 673.3 million USD in the period, rising 18.5 percent from the same periodlast year. Of note, Vietnam and Mexico are both signatories to the Comprehensiveand Progressive Agreement for Trans-Pacific Partnership (CPTPP), which servesas a leverage for bilateral trade. Vietnam has ample room to increase shipments to Mexico as its exports currently make up only 1.3 percent of the latter’s market. Each year, Mexico imports about 900,000 tonnes of rice, 1.8billion USD worth of garment-textile and 1.1 billion USD of footwear./.
The 6th Vietnam - Mexico political consultation took place via videoconference on July 21 to look into each country’s situation, measures to enhance bilateral relations, and issues of shared concern.
Mexican President Andrés Manuel López Obrado said he attaches importance to Mexico’s friendship and cooperation with Vietnam while receiving a letter of credentials presented by Vietnamese Ambassador to the nation Nguyen Hoanh Nam on September 15.
The Vietnam-Mexico Joint Committee for economic, trade and investment cooperation convened its third meeting on September 24 via videoconference under the co-chair of Vietnamese Deputy Minister of Industry and Trade Do Thang Hai and Undersecretary for Foreign Trade in Mexico's Secretariat of Economy Luz María de la Mora.
Despite continuous trade surplus with Mexico, Vietnam’s market share in this market is only 1.3 percent. Therefore, businesses should take advantage of incentives from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to expand the presence of Vietnamese goods in Mexico, experts said.
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.
Frozen tra (pangasius) fish processing line in Can Tho city (Photo: VNA) 
