Italian ambassador hails Vietnam’s role as bridge to ASEAN
Vietnam offers many opportunities for Italy and can also serve as a bridge for Italy to access the Southeast Asian market, Italian Ambassador to Vietnam Antonio Alessandro has affirmed.
Rome (VNA) – Vietnam offers many opportunitiesfor Italy and can also serve as a bridge for Italy to access the Southeast Asian market, ItalianAmbassador to Vietnam Antonio Alessandro has affirmed.
The National Associated Press Agency of Italy (ANSA) on December 21 quotedthe ambassador as saying that Vietnam, with an average growth rate of 6-7 percentin the last 30 years, is a destination for Italy’s exports and a productionbase for the European nation’s investments.
He said Vietnam’s socio-economicdevelopment model offers businesses good stability and this is highlyvalued by Italian companies.
Italian Ambassador to Vietnam Antonio Alessandro (Photo: chinhphu.vn)
Although Italian investments in Vietnam stand at an averagelevel in term of financial volume, they are of high quality and welcomed by the hostnation, the diplomat added.
Bilateral trade has hit 4.5 billion EUR (5.08 billion USD) andthere is ample room for expansion, he said.
The ambassador stated that Vietnam is among target countriesof Italy’s national branding communication campaign launched by the Ministry of Foreign Affairs and International Cooperation (Farnesina)./.
A business forum themed “To ASEAN Business Days” took place in Torino city in the northern Piedmont region of Italy on November 29-30, discussing solutions to expand trade ties between the European nation and ASEAN member nations.
Bamboo Airways plans to promote operations in Italy, and South, Central and Northern Europe markets from the first quarter of next year, aiming to launch a supplementary market for direct flights connecting Vietnam with Germany and the UK, as well as deploying a regular direct flight between Vietnam and Italy from the end of 2022 and the beginning of 2023 in line with market conditions.
The Italy – Vietnam Cultural Bridge Association in Italy and the Vietnamese community in Cyprus have raised 5,000 EUR in support of Vietnamese children who lost their parents to COVID-19 pandemic.
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.
Long An international port (Photo: VNA) 
Italian Ambassador to Vietnam Antonio Alessandro (Photo: chinhphu.vn) 
