The International Trade Centre will continue working with Vietnam to improve enterprises' competitiveness during their integration into int'l trade, affirmed ITC Executive Director Arancha González.
Geneva (VNA) – The International Trade Centre (ITC) will continue workingwith Vietnam to improve the competitiveness of its enterprises during theirintegration into international trade, affirmed ITC Executive Director AranchaGonzález.
She recently granted an interview to Vietnam News Agencycorrespondents in Geneva, Switzerland ahead of her working visit to Hanoi toattend the regional seminar for East and South East Asia from February 26-28.
She said that international trade agreements that Vietnamhas signed with its partners have brought more opportunities for Vietnam’sbusinesses.
Therefore, it is necessary to help them improve theirinternational competitiveness, she stated, emphasising the importance of afavourable business environment with minimum barriers facing enterprises and strongmechanisms facilitating exporters.
ITC has cooperated with the Vietnamese Ministry of Industryand Trade’s Trade Promotion Agency (Vietrade) in many projects to supportsmall- and medium-sized enterprises (SMEs) during the internationalintegration, she added.
The ITC leader also advised Vietnamese enterprises to payattention to improving their product quality, packaging and label so as to meetrequirements of such choosy markets as the European Union, Japan and theRepublic of Korea.
Established in 1964, the International Trade Centre is thejoint agency of the World Trade Organisation and the United Nations. It is theonly development agency that is fully dedicated to supporting theinternationalisation of SMEs.
The centre is cooperating with Vietrade in a project tosupport six trade associations and nine provincial trade promotion centres inthe fields of fisheries, agriculture and handicrafts.
The regional seminar for East and South East Asia will focusdiscussion on regional and world strategic issues, aiming to strengthen connectivityand cooperation in the region with new and existing partners.
The event will draw the participation of ChiefRepresentatives of the EU Delegations to Asian nations, representatives fromthe International Monetary Fund, the World Bank, the Organisation for EconomicCooperation and Development, the UN Development Programme, and the UN Women,and leaders of Vietnamese ministries.-VNA
European consumers cannot recognise brand names of almost goods imported from Vietnam since many businesses have not been fully aware of the importance of building trademarks and have not complied with EU standards for exports, said Claudio Dordi, Technical Assistance Team Leader of the EU-MUTRAP Project.
The Prime Minister has approved an adjustment plan to build Ho Chi Minh City into a major urban region with dynamic and sustainable development, playing a crucial role in Southeast Asia’s development.
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.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
Illustrative photo (Photo: VNA) 
