Various activities to be held for ASEAN businesses this year
The Vietnam Business Summit 2020, themed “Digitalised Vietnam: Adaptability Towards Sustainable Development”, is to take place on November 12, a press conference in Hanoi on July 22 heard.
Hanoi (VNA) - The Vietnam Business Summit2020, themed “Digitalised Vietnam:Adaptability Towards Sustainable Development”, is to take place onNovember 12, a press conference in Hanoi on July 22 heard.
The summit is among a series of events to be hosted bythe Vietnam Chamber of Commerce and Industry (VCCI) as Chair of the ASEANBusiness Advisory Council (ASEAN BAC) in 2020.
“This will be an opportunity for investors to studyVietnam’s economic outlook amid COVID-19 and determine the potential for cooperationin economic sectors that are strengths of Vietnam in the context of globaleconomic uncertainties, such as logistics, agriculture, and IT services,” saidVCCI Chairman Vu Tien Loc.
Following that summit will be the ASEAN Business andInvestment Summit (ASEAN BIS 2020), slated for November 13 and 14 and the most-anticipatedevent for the ASEAN business community.
Themed “Digital ASEAN:Sustainability and Inclusiveness”, it isexpected to see the attendance of senior leaders from ten ASEAN membercountries as well as eight ASEANdialogue partners.
ASEAN ABIS 2020 will focuson six topics, including ASEAN’s economic outlook, technologies and future jobsin ASEAN, innovative agriculture, green growth through good governance;logistics and smart cities; and innovative ASEAN and digital startups.
The VBS and ASEAN BIS 2020 will help enterprises seekcooperative opportunities and learn of new trends in order to adopt suitabledevelopment strategies, Loc said.
Moreover, the ASEAN Business Awards 2020 (ABA 2020) werelaunched in July and will honour ASEAN businesses that have made outstandingcontributions to regional development.
Organisers will receive registrations and conduct assessmentsfrom August to October and then announce the winners in November.
ASEAN BAC Vietnam and VCCI will also coordinate with theVietnam Posts and Telecommunications Group (VNPT) to implement the “ASEAN Networkof Digital Startups - Digital STARS 2020” project, which aims to form a networkof digital startups in ASEAN and therefore promote digitalisation, especiallyamong micro, small and medium-sized enterprises - the driving force of theregional economy./.
The ASEAN Online Sale Day (AOSD), an initiative of Vietnam within ASEAN’s cooperative framework, is to take place on e-commerce platforms on August 8, the Vietnam e-Commerce and Digital Economy Agency (IDEA) under the Ministry of Industry and Trade has announced.
The ASEAN Regional Forum Senior Officials’ Meeting (ARF SOM) was held via video conference on July 21 under the chair of Vietnamese Deputy Minister of Foreign Affairs Nguyen Quoc Dung.
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 press conference (Photo: VNA) 
