A workshop on Vietnam’s demand and investment opportunities was held in Brussels, Belgium, on September 22.
Vietnamese Ambassador to Belgium Vuong Thua Phong presented the country’s socio-economic situation and business policies while underscoring potential boasted by the upcoming signing of the EU-Vietnam free trade agreement (EVFTA).
Phong said he hopes for a greater flow of Belgian and European investors to Vietnam in the near future.
Francois De Maeyer, Head of the Belgium-Vietnam Chamber of Commerce and Industry (CCIBV) , lauded contributions made by Belgian enterprises in stimulating economic cooperation with Vietnam and expressed his belief in the bright outlook of the EVFTA for both sides.
CCIBV Deputy Head and General Director of the Menart company Berengere Menart told Vietnam News Agency correspondents that all four waste treatment projects that her company has carried out in Vietnam receive assistance from local authorities and relevant State agencies.
The EU is one of the large import markets for Vietnamese commodities, particularly footwear, garments, farm produce and aquaculture. After signing the trade deal, 90 percent of Vietnamese goods being exported to European markets will go enjoy tariff of zero percent.
Belgium is Vietnam’s sixth largest trade partner in the EU with two-way trade hitting 2 billion EUR (2.29 billion USD) a year. It has invested 281.34 million USD in 53 projects in Vietnam.
In 2014, trade between the two countries experienced a year-on-year growth of 27.4 percent to reach over 2.3 billion USD.-VNA
The largest French-language TV channel in Belgium, RTBF, aired a reportage on November 30 on the occasion of the cooperation between Walloon Region and Vietnam entering the 20th year.
The EU-Vietnam Free Trade Agreement (EVFTA) will create ample opportunities for enterprises from both sides, heard a talk on the deal held in Flamand, Belgium on May 19.
Deputy Prime Minister Vu Van Ninh has asked Vice President of the European Commission (EC) Valdis Dombrovskis to help accelerate the signing of the EU- Vietnam free trade agreement.
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.
Illustration image (Source: VNA)
