A booth of the Made in Thailand Outlet 2018 (Photo: VNA)
Hanoi (VNA)– The M🅺ade in Thailand Outlet 2018 fair officially opened at the HanoiInternational Exhibition Centre at 91 Tran Hung Dao Street on January 4-7.
The event, the 13thone of its kind, was co-organised by the Office of Commercial Affairs of theThai Embassy in Vietnam and the Vietnam National Trade Fair & AdvertisingCompany (Vinexad). On show at 150 boothsof the fair are products of 100 firms from Thailand, including food andbeverages, household appliances, textile, jewellery, electric devices, healthcare products, car parts, bicycles and accessories, among others. Director of the Ministryof Industry and Trade’s Asia-Africa Markets Department Le Hoanh Oanh said thattrade relations between Vietnam and Thailand have seen strong growth. Two-waytrade hit 15 billion USD in 2017, a rise of 20 percent year-on-year.Especially, Thailand is Vietnam’s largest trade partner in ASEAN and the 10thleading investor in the country. Vietnam and Thailandhave closely worked with other ASEAN members to build the ASEAN EconomicCommunity. In addition, the two countries’ stronger participation in regionaland international economy offers various opportunities to promote trade cooperationand investment, Oanh added. She also voiced herhope that the trade fair will contribute to the bilateral trade relations asthe two nations deepen their strategic partnership and aim to bring tradeturnover to 20 billion USD by 2020.-VNA
The Mini Thailand Week 2017 was opened in Can Tho city on July 7, offering a chance to people in the southwestern region to try quality products and services of Thai businesses.
The Top Thai Brands 2017 fair opened in Hanoi on August 17 as part of efforts by the Thai trade ministry and Thai Embassy in Hanoi to promote trade between Vietnam and Thailand.
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Vietnam and Thailand are striving to increase bilateral trade to 20 billion USD in 2020, as heard a business connectivity conference in Ho Chi Minh City on September 29.
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.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
A booth of the Made in Thailand Outlet 2018 (Photo: VNA) 
