Thanh Hoa calls for investment of 12.5 billion USD
The north central province of Thanh Hoa signed memorandum of understanda on 15 projects worth 12.5 billion USD during an investment promotion conference on June 12.
Thanh Hoa (VNA) - The north central province of Thanh Hoa signed memoranda of understanding on 15 projects worth 12.5 billion USD during an investment promotion conference on June 12.
Speaking at the event, Deputy Prime Minister Truong Hoa Binh said it is the first locality nationwide to hold such an event after Vietnam has initially brought COVID-19 under control.
He expressed his hope that Thanh Hoa will capitalise on its advantages to gain prominent socio-economic achievements in the coming time and stay among the country’s leading localities by 2025.
To realise the target, the province needs to complete its planning for the 2021-30, with a vision to 2045, he noted, urging local authorities to timely remove bottlenecks and create optimal conditions for businesses.
At the event, as many as 34 projects with a combined investment of nearly 15 billion USD were granted permission. They were in processing and manufacturing industry, urban development, tourism and health care, among others.
At a similar event held in 2017, some 31 projects of a total 6.3 billion USD were approved and six of them so far have been completed./.
The northern province of Thanh Hoa and neighbouring Lao province Huaphanh exchanged experience in combating the COVID-19 pandemic in an event held at the Na Meo International Border Gate’s border station on April 13.
Prime Minister Nguyen Xuan Phuc hosted a reception in Hanoi on June 12 for leaders of Chinese businesses which are investing in the fields of garment and textile, high-quality fibre, engine components and automobile tyres in Vietnam.
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.
At the conference (Photo: VNA) 
