Binh Xuyen Industrial Park in Binh Xuyen district, Vinh Phuc province (Photo: VNA)
VinhPhuc (VNA) – The Piaggio Vietnam Co. Ltd has raised its investmentin the northern province of Vinh Phuc by 75 million USD to 165 million USD toexpand operations.
TheItalian-invested motorcycle producer received a certificate for its investment adjustmentregistration from the Vinh Phuc management board of industrial parks onFebruary 21.
Thecompany opened a motorcycle assembly plant in the Binh Xuyen Industrial Park ofBinh Xuyen district in June 2009. In March 2012, it unveiled an engineproduction factory also in this industrial park.
Thetwo projects cover over 18.9ha and had combined initial investment of 90million USD.
Tocontinue developing production and business activities, Piaggio Vietnam hasdecided to merge these projects and invest 75 million more USD to raise motorcycle production and assembly capacity to400,000 products each year from 250,000. Engine production will also increaseto 400,000 units annually from 300,000./.
The northern province of Vinh Phuc has attracted more than 425.9 million USD in foreign direct investment (FDI) in 2022, 42% higher than its yearly plan.
The northern province of Vinh Phuc commits to accompanying and creating favourable conditions in accordance with Vietnamese law for Japanese businesses, investors and partners to implement cooperation and investment activities in the locality.
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.
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&.
Binh Xuyen Industrial Park in Binh Xuyen district, Vinh Phuc province (Photo: VNA) 
