Hanoi (VNA) – ♕Russia currentlyranks 22nd among countries and territories investing in Vietnam with totalregistered capital of nearly 1 billion USD.
Russia projects are mostly invested in oiland gas, manufacturing, mining, transport, telecommunications, and aquacultureand fishing, according to the Foreign Investment Agency under the Vietnamese Ministryof Planning and Investment. Meanwhile, Vietnam has invested in 18projects in Russia, with combined registered and added capital reaching 2.4 billionUSD by the end of March 2018. Most of the investment comes from projects investedby Rusvietpetro joint venture, Hanoi-Moscow Trade Centre Investment JSC and adairy cow breeding and milk processing in Moscow of TH Group. To date, 17 projects have been included inthe list of Vietnam-Russia prioritised projects, which was approved at the 20thsession of the Vietnam-RussiaIntergovernmental Committee for Economic-Commercial and Scientific-TechnologicalCooperation. These projects are in the spheres of oil andgas, transport, agriculture, electricity, construction, industry and hightechnology. The two sides are working on the roadmap for the implementation ofthe projects.-VNA
Experts on Vietnamese studies gathered at a roundtable themed “Vietnam-Russia relations: Potential and Development” held in Russia by the country’s Vietnam-ASEAN Research Centre on August 30.
The Russia visit by General Secretary of the Communist Party of Vietnam Nguyen Phu Trong will help lift bilateral relations to a new height, thus meeting the two peoples’ interests and contributing to peace and development in the region.
The relations between Vietnam and the Soviet Union in the past or Russia today have always been warm and built on trust through the ups and downs of the history.
Russian experts and scholars have expressed their appreciation of General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nguyen Phu Trong visit to Russia from September 5-9.
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.