Seminar seeks to boost Vietnam-Russia economic links
The Vietnamese Businesses’ Association in Russia hosted a seminar in Moscow on March 5 to discuss ways to promote economic and trade ties between Vietnam and Russia and the Eurasian Economic Union.
Moscow(VNA) – The Vietnamese Businesses’ Association (VBA) in Russia on March 5hosted a seminar in Moscow to discuss ways to promote economic and trade tiesbetween Vietnam and Russia and with the Eurasian Economic Union (EAEU).
During the event, participants reviewed the association’s activities in 2016and proposed future plans.
Vietnamese enterprises were urged to maintain their operations in Russia, withRussia’s economy showing signs of recovery.
The free trade agreement signed between Vietnam and the EAEU createsopportunities for Vietnamese enterprises in Russia, they said.
According to Commercial Counsellor of the Vietnamese Embassy in Russia DuongHoang Minh, the EAEU-Vietnam Free Trade Agreement has boosted economic links betweenVietnam and Russia.
Vietnam’s export turnover to Russia increased by 20 percent in 2016, Minh said.
Meanwhile, Chairman of the VBA in Russia Le Truong Son stressed that Vietnamesefirms in Russia have made efforts to reinforce their position and market share.
The association has served as a bridge to strengthen links between Vietnam andRussia, he said, adding that the association is operating large-scaleprogrammes to enhance economic and trade ties between Vietnam and the EAEU.-VNA
Deputy Prime Minister Trinh Dinh Dung and First Deputy Prime Minister of Russia Igor Shuvalov have discussed measures to boost economic-trade cooperation between Vietnam and Russia.
Foreign Minister Pham Binh Minh reiterated the Vietnamese Party and leaders’ consistent policy of prioritising strengthening traditional friendship and comprehensive strategic partnership with Russia
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&.
Participants at the seminar (Source: VNA) 
