HCM City, RoK foster cooperation in smart agriculture
Ho Chi Minh City has high demand for investment, high-tech agricultural technology, smart farms for sustainable development, while the Republic of Korea (RoK) is one of the partners with advantages and cooperation experience in the field, experts said at a series of seminars under the Vietnam-RoK business week launched in Ho Chi Minh City on October 31.
HCM City, RoK firms meet up at the Vietnam-RoK business week (Photo: VNA)
HCM City (VNA) - Ho Chi Minh City has highdemand for investment, high-tech agricultural technology, smart farms forsustainable development, while the Republic of Korea (RoK) is one of the partnerswith advantages and cooperation experience in the field, experts said at aseries of seminars under the Vietnam-RoK business week launched in Ho Chi MinhCity on October 31.
Dinh Minh Hiep, Director of the municipal Department of Agricultureand Rural Development, said that the proportion of the value of agriculturalproduction applying high technology currently accounts for about 48% of thecity's total.
However, the local sector has yet to have smart farms mainlydue to their high cost and requirement of high-quality workforce, he added
Nguyen Thanh Hien, deputy head of the management board of HCMCity Hi-Tech Agricultural Park, said that the southern metropolis needs to takeadvantage of the cooperation with partners with technology potential andexperience like the RoK to develop joint programmes on training and experienceexchange between the sides’ managers, researchers, institutes and universities.
Talking about the potential for such cooperation, Han Young-eun from the Korea agricultural technology development institute, said that theRoK’s farming industry focuses on applying high technology and developing smart farms, and issearching for investment destinations serving agricultural development,including Vietnam.
According to her, Korean enterprises can support and workwith Vietnam in the construction of farms, the distribution of materials andequipment, and the development of smart farm models in line with the localclimate conditions.
In addition, they have the capacity to transfer technologiesto and assist Vietnamese firms in mastering new ones such as sensors, automatedrobots, drones, and artificial intelligence, towards building a smart,efficient and sustainable agriculture./.
The Korea International Cooperation Agency (KOICA) will select Korean consultants to conduct feasibility study for the second phase of Metro Line No. 5 in Ho Chi Minh City.
Ho Chi Minh City and Lotte Properties HCMC, owned by Lotte Group of the Republic of Korea (RoK), have agreed to enhance their cooperation, especially in smart urban building.
Ho Chi Minh City hopes that the Republic of Korea (RoK)’s parliamentarians promote activities to encourage Korean businesses to continue investing in Vietnam and the city, Nguyen Thi Le, Chairwoman of the municipal People’s Council, said on August 22.
Nguyen Van Dung, Vice Chairman of the People's Council of Ho Chi Minh City, on October 28 hosted a reception for Hang Chang-hwa, Chairman of the International Parliamentarian Friendship Association under the Council of the Republic of Korea (RoK)'s Gyeongsangbuk province, who is on a working trip to the southern metropolitan.
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.
HCM City, RoK firms meet up at the Vietnam-RoK business week (Photo: VNA) 
