HCM City (VNA) –🦩 The US State of Oregon wants to boost trade and investment relations with Vietnam and Ho Chi Minh City in particular.
Mayor of the State’s Beaverton city Denny Doyle, who is leading a delegation from the Portland Business Alliance, expressed the wish at a meeting with Chairman of the HCM City People’s Committee Nguyen Thanh Phong in the city on November 17.
He said US investors such as Nike and Columbia Sportswear recognised the city's attention and efforts to improve the investment climate, thus reinforcing trust of the two sides’ businesses in the bilateral cooperation opportunities.
The mayor confirmed that his city and the Oregon State in general are willing to support and share experience with HCM City to address problems in urban development and environmental pollution as well as improve the quality of education and life for local residents.
Chairman Nguyen Thanh Phong said HCM City is pioneering in enhancing the comprehensive partnership between Vietnam and the US.
The southern metropolis has become a popular destination for US businesses and investors, he said, pledging to create the optimal conditions for US companies, including those from the Oregon State , to make investment, particularly in the fields of their strenghs such as finance, start-up, logistics and seaport.
He proposed Beaverton support HCM City to build and manage the smart city for sustainable development.
Local authorities are also ready to connect domestic and US enterprises to carry out collaborative activities, specifically in education, trade and investment, he confirmed./.
The US has become Vietnam’s leading trade and investment partner, which has been reflected through impressive trade values between the two countries over recent years.
Ho Chi Minh City expects to welcome a new wave of US investors once the Trans-Pacific Partnership (TPP) takes effect, Vice Chairman of the municipal People Committee Le Thanh Liem said on March 7.
US enterprises are considering Vietnam as a priority market in the ASEAN region for their business and investment expansion in 2017, according to he 2017 ASEAN Business Outlook Survey.
Deputy Prime Minister and Foreign Minister Pham Binh Minh and US Deputy Secretary of State Antony Blinken agreed on the need for Vietnam and the US to increase delegation exchanges and dialogues.
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.