HoaBinh (VNA) – The northern province of Hoa Binh held aconference on March 2 to foster cooperation with the Vietnam Business Association in Japan (VJBA).
Inhis remarks, Vice Chairman of the provincial People's Committee Nguyen VanChuong highlighted the locality’s potentialand socio-economic development, saying theprovince welcomes all domestic and foreign investors who want to do long-term investment here.
VJBA Chairman Vu Hoang Duc said that since its establishment 11 years ago, theassociation has focused on bringing high-quality human resources andgoods from Vietnam to Japan through official channels as well as seeking ways toconnect businesses of the two countries, especially small and mediumenterprises.
🌳 Ducsaid he hopes that in the coming time, the Hoa Binh provincial administration andrelevant agencies will create favourable conditions for humanresources training and popularising high-quality agricultural products and foods inJapan.
Participantsat the event discussed the advantages and challenges for investment promotionand human resources training activities as well as sales of agriculturalproducts in Hoa Binh province and Japan.
HoaBinh’s gross regional domestic product (GRDP) grew 9.03% last year, with per capita income reaching 66.7 million VND (2,827 USD) per year. The rateof trained labourers was 59.2%.
🎐 The province has 729 private investment projects, of which, foreign invested ones account for 5%, valued at 608 millionUSD. Japanese enterprises have poured 343.3 million USD into projects in thelocality./.
The People’s Committee of Cao Phong district in the northern province of Hoa Binh, the provincial Department of Agriculture and Rural Development, RYB Joint Stock Company and Cao Phong One Member Ltd, Co., on January 5 held a ceremony to mark the first shipment of seven tonnes of Cao Phong orange to the UK.
Prime Minister Pham Minh Chinh on February 26 gave the order to launch the construction of a road connecting Hoa Binh northern province and capital Hanoi and an expressway from Hoa Binh to Moc Chau district in neighbouring Son La province.
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.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
An overview of the conference. (Photo: VNA) 
