A Vietnam – Poland economic forum convened in Ho Chi Minh City on November 30 with the attendance of Polish President Andrzej Duda who is on a visit to Vietnam.
Polish President Andrzej Duda speaks at the Vietnam - Poland business forum held in Hanoi on November 30 (Photo: VNA)
HCM City(VNA) – A Vietnam – Poland economic forum convened in Ho Chi Minh City onNovember 30 with the attendance of Polish President Andrzej Duda who is on avisit to Vietnam.
Addressing the forum, the Polish President said thenearly-70-decade-long relations between Vietnam and Poland have laid the basisfor bilateral cooperation across sectors, particularly in economics.
Vietnam, among the most dynamic economies in the ASEANregion, is one of the five prioritised markets Poland has chosen for itsinvestment and business operation, he added.
Through the forum, Poland encourages Vietnamese and Polishfirms to study each other market and exchange information to establish long-termpartnerships, Andrzej Duda noted.
Minister of Information and Communications Truong Minh Tuanstated Poland is an important partner of Vietnam in Europe.
He said Polish investment in Vietnam is on the rise, withvalue tripling from 2014 to 2017. However, the outcome still falls short ofpotential offered by both sides, the minister added.
He said Poland is the 6th biggest economy inEurope, while Vietnam holds strengths in investment climate quality, consumermarket, and human resources. Both nations have signed various agreements andmemoranda of understanding to facilitate cooperation.
He urged the local business community to make use of theforum to gain insights into the Polish markets and chances for their investmentin electronic components, IT, and farm produce.
The minister urged Polishinvestors to do business in Vietnam for mutual benefit and development ofbilateral relations.-VNA
President Tran Dai Quang and Polish President Andrzej Duda chaired a press conference following their talks in Hanoi on November 28, saying they vowed to increase the exchange of all-level visits
Visiting Polish President Andrzej Duda affirmed that the Vietnamese community in Poland plays a significant role in maintaining and developing the relations between the two countries.
NA Vice Chairman Phung Quoc Hien has called on the Vietnam-Poland and Poland-Vietnam Friendship Parliamentarians’ Groups to increase their exchange of delegations and legislative experience.
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.