Vietnam, New Zealand’s businesses beef up cooperation
The Hanoi Trade Corporation (Hapro) is looking to expand its business to overseas markets following its successful exports to 60 countries and territories worldwide with a turnover of 200 million USD.
The Hanoi Trade Corporation (Hapro) delegation meets local enterprises in New Zealand (Source: Vietnamese Embassy in New Zealand)
Sydney (VNA) ♐– The Hanoi Trade Corporation (Hapro) is looking to expand its business to overseas markets following its successful exports to 60 countries and territories worldwide with a turnover of 200 million USD.
Representing of the leading producer and exporter of Vietnamese handicrafts farm produce expressed the intension during a recent fact-finding trip and meetings with business partners in New Zealand’s capital city of Wellington.
On the occasion, a strategic cooperation agreement in supporting each other in market penetration, product supply, services and related activities was signed by Chairman of the Board of Directors Nguyen Huu Thang and Chairman of the New Zealand Trade Centre (NZTC) Adam Martin.
At a working session with the group’s representatives, Vietnamese Ambassador to New Zealand Nguyen Viet Dung spoke highly of the groups’ efforts in penetrating into the foreign country’s market while pledging to support the group, and Vietnamese businesses at large to intensify two-way trade cooperation, striving to lift the two countries’ bilateral trade turnover to 1.7 billion USD by 2020.
The ambassador cited that 2016 would bring enormous favourable elements to boost exports through a number of signed bilateral and multilateral free trade agreements, especially the Trans-Pacific-Partnership (TPP) agreement.
The group also met with several local import-export companies such as the NZTC, Te Mata Winery, Talleys, Ruther Ford and Meyer in an attempt to boost trade cooperation and enhance both sides’ presence in each other’s market.
Many of the group’s products have received world recognition and brought high export revenue for the company in recent years, including knitwear, farming products, rice, pepper, cashew nut, cassava and handicraft products.-VNA
Vietnam and New Zealand have agreed to continue increasing the exchange of all-level delegations and maintaining dialogue and consultation mechanisms during their first Defence Dialogue in Hanoi.
Vietnam and New Zealand have agreed to develop their comprehensive partnership both on scale and in depth towards a strategic partnership during Prime Minister John Key’s visit to Vietnam.
Leading enterprises from Vietnam and New Zealand have gathered for a trade and industry forum in New Zealand to learn firsthand about business and investment opportunities afforded by the TPP.
A Vietnamese business delegation conducted a fact-finding trip to Ackland, New Zealand from April 16-18 to deepen cooperation between the two countries’ enterprises .
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.