Hanoi (VNA) – Vietnam has so far invested in 190projects worth nearly 2.9 billion USD in Cambodia, according to the Saigon Giaiphong (Liberated Saigon) newspaper.
Meanwhile, Cambodia has poured 65 million USD into 19projects in Vietnam.
Vietnam is now the third largest trade partner of Cambodia.Two-way trade hikes 9.8 percent on average each year.
In 2018 alone, it surpassed 4.7 billion USD, up nearly 24percent year-on-year. Of the figure, 3.7 billion USD was Vietnam’s exports toCambodia.
According to the tax reduction roadmap under the ASEAN Tradein Goods Agreement (ATIGA), almost all exports-imports between Vietnam andCambodia are eligible to a 0-5 percent tariff.
The double taxation avoidance and tax evasion agreementbetween Vietnam and Cambodia, which took effect on February 20, will be appliedin the two nations in early 2020.-VNA
Cambodian Deputy Prime Minister Men Sam An has highlighted the significance of the state visit by Party General Secretary and President Nguyen Phu Trong, voicing her belief for the strengthened development of the two countries’ relations.
Party General Secretary and President Nguyen Phu Trong and Cambodian Prime Minister Hun Sen agreed to enhance the political trust between the two countries during a meeting in Phnom Penh on February 26.
Vietnam and Cambodia have issued a joint statement on the state visit to Cambodia from February 25 to 26 by General Secretary of the Communist Party of Vietnam Central Committee and President Nguyen Phu Trong.
The Voice of Vietnam (VOV), the national radio broadcaster, wants to coordinate with the Cambodian Ministry of Information to launch a new channel presented in multiple languages, including Vietnamese, VOV Deputy Director Vu Hai has said.
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.
Illustrative image (Source: VNA) 
