Hyundai Aluminum Vina shareholding company, which belongs to the Aluko group from the Republic of Korea, and authorities in the northern province of Hung Yen signed a memorandum of understanding on May 24.
Hung Yen (VNA) – HyundaiAluminum Vina shareholding company, which belongs to the Aluko group from theRepublic of Korea, and authorities in the northern province of Hung Yen signeda memorandum of understanding on May 24.
The signing was part of a workingsession to discuss investment opportunities. The meeting was attended byrepresentatives from both sides and Kim Kyoung Hun, head of the council inDaejeon, a Korean city.
Kim Kyoung Hun said he wants to seewin-win cooperation between the sides, with investment focused on high-techfarming and agricultural processing, among other sectors.
Nguyen Van Phong, Chairman of theprovincial People Committee, introduced local strengths and industrialprojects, including the 3,000-ha Ly Thuong Kiet industrial urban area and the1,000-ha Pho Hien university complex.
He invited Korean investors to invest inthe local market, particularly in industry, agriculture, health, education andculture.
Dang Ngoc Quynh, Vice Chairman of theprovincial People’s Committee, said Hung Yen will create the best conditionspossible for the company to study the feasibility of a 200-ha project at the LyThuong Kiet urban area.-VNA
Japanese Kume Group plans to invest in a waste-to- organic fertilizer plant in Hung Yen, which is expected to help the northern province tackle waste problem and strengthen environmental protection, according to a local official.
Prime Minister Nguyen Xuan Phuc has asked the northern province of Hung Yen to focus on reforming its administrative system towards a modern, dynamic and effective administration.
Vice Chairman of the Hung Yen provincial People’s Committee Nguyen Van Phong called for foreign investment, including those from the Republic of Korea (RoK) at a workshop in Seoul on April 13.
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&.
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.