The Vietnamese Embassy in the Czech Republic has recently organised a programme to foster connectivity between Vietnamese and Czech businesses, and introduce Vietnamese products to local residents.
Prague (VNA) – The Vietnamese Embassy inthe Czech Republic has recently organised a programme to foster connectivity betweenVietnamese and Czech businesses, and introduce Vietnamese products to localresidents.
Speaking at the event in Ústí nad Labem region on October 13, Ambassador Thai Xuan Dungstressed that since the EU-Vietnam Free Trade Agreement (EVFTA) came into forceon August 1, 2020, economic relations between Vietnam and the Czech Republichave made significant progress.
Since the beginning of this year, the two countrieshave maintained high-level delegation exchanges to enhance cooperation in allfields, he said, highlighting the official visit to Vietnam by Czech PrimeMinister Petr Fiala in April.
The diplomat expressed his belief that in the nearfuture, Czech importers, businesses and people, and Vietnamese in the hostcountry will use more products from Vietnam.
He affirmed that the Czech Republic is currently an important partnerof Vietnam in Eastern and Central Europe, noting that the Czech side also considers Vietnama friend and important partner.
However, the bilateral economic and trade cooperation hasyet to match the potential of each country, as the turnover accounts for only asmall proportion of the total foreign trade revenue of both countries.
Vietnam mainly exports footwear, garment-textiles,seafood, machinery and spare parts, and electronics to the Czech Republic,while importing machinery, equipment, tools, other spare parts, and iron andsteel products from the country./.
The Vietnamese Embassy in the Czech Republic and the Czech Chamber of Commerce jointly held a business forum in Prague on June 15 to bolster links between businesses and seek ways to strengthen traditional friendship and multi-faced cooperation of the two countries.
President of the Czech Chamber of Commerce Zdenek Zajicek proposed the Government focus on several key markets, including Vietnam, while implementing its new export strategy for the 2023-2033 period approved on July 26.
Minister of Industry and Trade of the Czech Republic Jozef Sikela on September 2 affirmed that Vietnam is currently his country's most important trade partner in the Association of Southeast Asian Nations (ASEAN).
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.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Participants in a group photo. (Photo: VNA) 
