Hanoi (VNA) – Trade between Vietnam andIsrael reached 236.58 million USD in the first two months of this year,according to the Vietnamese Trade Office in Israel.
Vietnam’s export to the nation expanded4.5 percent while its import was up 376.1 percent year-on-year, said Counsellor Le Thai Hoa.
Vietnam’s import of Israeli computers, and electronicproducts and components of big values has a role to play in a trade deficit of19.62 million USD during the reviewed period.
In the two months, Vietnam shipped over 6.24 millionUSD worth of tuna to Israel, making up 6.6 percent of the country’s turnover from its total export of the fish, and down 32 percent year-on-year.
Vietnam’s frozen cuttlefish export value to Israel was 752,000 USD, accounting for 1.14 percent of the total of the food, and up335.6 percent compared with the same period last year.
Israel is oneof Vietnam’s 10 biggest tuna and cuttlefish importers.
The office projected that during thefirst quarter of this year, Vietnam’s export value to Israel will excess 163million USD and its import value, about 192 million USD./.
The Israel & Vietnam Folk Harmony programme took place in the northern mountainous province of Lao Cai on August 29, the second show after the first in Hanoi four days earlier.
The Israeli Embassy in Vietnam is funding a training course for 86 cardiologists in the northern province of Thai Nguyen, lectured by leading experts from Israel.
Some 35 Israeli companies explored business and investment opportunities in Vietnam during a seminar co-held by the Vietnamese Trade Office and Israel-based accounting and consulting firm BDO in Tel Aviv on November 5.
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.
Illustrative image (Photo: VNA) 
