The first shipment of Korean pears, weighing 16.2 tonnes and valued at about 60 million KRW (roughly 43,000 USD), will be distributed to major Vietnamese cities such as Ho Chi Minh City and Hanoi.
Seoul (VNA)ꦇ – The Jeonbuk Agricultural Cooperative and Jeonju Horticultural Cooperative of the Republic of Korea (RoK) on September 8 held a ceremony to mark the shipment of the first batch of 2025-season pears to Vietnam.
The first shipment, weighing 16.2 tonnes and valued at about 60 million KRW (roughly 43,000 USD), will be distributed to major Vietnamese cities such as Ho Chi Minh City and Hanoi.
Vietnam’s climate is generally unsuitable for pear cultivation, except in certain northern mountainous provinces like Lai Chau, Lao Cai, Ha Giang and Cao Bang, where cool weather and high altitudes allow small-scale production. However, locally grown pears are typically small in size, have a short harvest season of just two months, and are highly perishable without cold storage.
The Jeonbuk Agricultural Cooperative and Jeonju Horticultural Cooperative aim to position their pears as a “premium fruit” in the Vietnamese market. Exporters are highlighting the fruit’s superior sweetness, freshness, and strict safety standards to stand out in Southeast Asia, where cheap Chinese pears dominate.
Looking ahead, the cooperatives plan to expand their footprint in the region by exporting around 200 tonnes of pears to other countries such as Thailand and Indonesia.
Jeonju Horticultural Cooperative Chairman Lim Jong-gyeong emphasised that the shipment reflects the joint efforts of farmers and cooperatives. Despite fierce competition from Chinese fruit, Jeonbuk pears are expected to lead the Southeast Asian market thanks to their high quality and food safety compliance.
He also said that along with boosting exports, the cooperatives are committed to building sustainable agriculture and rural communities./.
The Vietnamese workforce totals roughly 17 million, with over 8 million trade union members. Nearly 7 million are employed in industrial zones and foreign-invested enterprises.
The RoK and Taiwan have long been among Vietnam’s leading sources of international visitors. Arrivals from the two markets have grown steadily, while more Vietnamese are also traveling to these destinations.
Mega US Expo 2025 brings together representatives from more than 30 startup support centres, research institutes, and universities and innovation support organisations from Vietnam and the RoK, helping to promote sustainable cooperation and foster incubation programmes, joint manufacturing ventures, and technology commercialisation between the two nations.
The 13th Mekong–Republic of Korea (RoK) Business Forum provided a platform to seek solutions for strengthening collaboration, overcoming economic challenges, and expanding opportunities for sustainable development in a volatile global environment.
The ratification of the agreement not only reaffirms its steadfast commitment to a rules-based, fair, and sustainable international trading order but also brings tangible domestic benefits.
Launched in 2017 as a successor to the Top 1000 Corporate Taxpayers, PROFIT500 has become a trusted 'barometer' of corporate health, reflecting not only profit scale but also financial efficiency, growth potential and social responsibility.
Ho Chi Minh City, as the country’s largest economic and financial hub, is expected to take the lead in key areas such as capital markets, banking, and commodity trading. Meanwhile, Da Nang, with its strategic location and open-minded spirit, holds great potential to become a pioneer in sustainable finance, green finance, and digital financial services.
By aligning regulatory frameworks more closely with international practices, the Vietnamese Government expects to create a more transparent, efficient and investor-friendly market environment.
The Vietnam Investment and Finance Association (VIFA) in the UK has successfully organised the event “Financial Insights 2025” in London, aiming to strengthen financial and business ties between the two countries.
Equipped with the state-of-the-art Rolls-Royce Trent 700 engine, the A330 aircraft will immediately be put into operation on routes to Australia, Kazakhstan, India, Japan and Europe, offering passengers a modern and comfortable travel experiences.
To deliver on the goal, the document highlighted the need to remove such barriers as pre-funding requirement for foreign investors ahead of trades while the central counterparty clearing (CCP) is being developed. Transparency on foreign ownership limits should be enhanced across all areas, together with streamlined registration procedures for account opening and indirect capital registration.
From September 15, commercial banks and foreign bank branches must maintain a minimum capital adequacy ratio (CAR) of 8%, including at least 4.5% in Tier 1 core capital and 6% in Tier 1 capital.
The State Bank of Vietnam set the daily reference exchange rate at 25,216 VND/USD on September 15, unchanged from the last working day of the previous week.
One of the key growth drivers for the paper packaging industry is the boom in e-commerce, FiinGroup reported, forecasting that the size of Vietnam's e-commerce market will reach 60 billion USD by 2030, leading to a massive demand for corrugated cartons used for shipping.
The Finance Minister's mission in the UK and Italy is expected to unlock new cooperation opportunities across multiple high-potential sectors, contributing to economic and financial cooperation between Vietnam and European countries.
The application integrates artificial intelligence (AI) and is capable of analysing images of wood cross-sections, providing identification results with an accuracy of up to 98.6% in less than one second.
The EU is among the world’s top three importers of farm produce, but Vietnam holds only a 2% share – still modest compared to its agricultural production capacity and potential, which indicates vast growth potential in the EU if backed by a proper strategy.
Vietnam’s stock market has emerged as a key driver of economic growth, serving as a channel for medium- and long-term capital mobilisation and a launchpad for businesses to enhance governance and financial transparency, said insiders.
With clear planning and a complete legal framework, Vietnam could draw private firms’ participation in the project. This is not only about mobilising capital, but also about fostering supporting industries, improving management capacity, and advancing sustainable economic and social development.
The roundtable was regarded as one of the largest international aviation cooperation events held in Vietnam this year. It was positioned as an investment promotion platform, where businesses from both countries - particularly in the fields of aviation and hospitality - had the opportunity to meet, exchange insights, and explore new avenues for cooperation.
State-run Airports Corporation of Vietnam (ACV) has proposed establishing an integrated air logistics centre and non-tariff zone at Long Thanh International Airport in Đồng Nai Province with an aim to turn it into a regional cargo gateway.
In the long term, greater transparency in project listings, administrative reform, and synchronised infrastructure investment will help position HCM City as a real estate hub in Southeast Asia. The city has the opportunity not only to attract FDI into real estate, but also to expand into finance, asset management, and associated services.