An overview of the reception. (Photo: www.most.gov.vn)
Hanoi (VNA) – Deputy Minister ofScience and Technology Bui The Duy has called on the US to support the developmentof high-tech infrastructure in Vietnam.
He made the suggestion on December 14 at areception for a business delegation from the US-ASEAN Business Council (USABC),led by USABC Senior Vice President and Regional Managing Director Brian D.McFeeters, and the council's Executive Director of Global Policy & Government Affairs, Asia Pacific, Seow Hiong Goh.
ౠ Deputy Minister Duy said Vietnam has been paying attention to the development of artificial intelligence (AI) from R&D, human resources and infrastructure, along with management policies.
He asked the US business delegation to engage in discussions about areas of mutual concern such as AI,technology infrastructure, high technology and intellectual property.
Vietnam applies the highest incentives to businesses operating in the field of high technology, with support for technology, priority products, and high-technology business, he noted.
♛ At the reception, McFeeters said that Vietnamis an important market in promoting digital economic development, thus companiesin the delegation want to engage in the digital economy in the country.
Meanwhile, Goh said although Vietnam does nothave a specific policy on AI, many Vietnamese companies are already developing AIproducts, such as FPT AI, TPS AI, Zalo AI and VinAI research. Therefore, it isnecessary for the Southeast Asian country to build and complete an appropriate legal corridorfor AI applications, he said. On this occasion, thetwo sides also talked about Vietnam's digitaltransformation strategy and digital socio-economic development programme in 2024 in relation with maintaining macroeconomic stability, improving the country's resilience to fluctuations inthe global economy, and developing emerging technologies such as cloud computingand AI./.
The upgrade of the Vietnam - US relations to the comprehensive strategic partnership is opening considerable opportunities for both sides to activate new and breakthrough cooperation fields so that Vietnam can engage more deeply in global supply chains, said Deputy Minister of Industry and Trade Do Thang Hai.
The Vietnam Urban Planning and Development Agency (VUPDA) and the American Planning Association - International Division (APA-ID) on November 21 signed a Memorandum of Understanding (MoU) to further strengthen their partnership in addressing global urban planning challenges.
Vietnam boasts huge potential to develop semiconductor and AI industries, and pledges to create favourable conditions for NVIDIA corporation, a leading chip producer in the US, Minister of Planning and Investment Nguyen Chi Dung said on December 11.
The upgrade of the Vietnam - US relations to a comprehensive strategic partnership for peace, cooperation, and sustainable development will create a new impetus and an open corridor for further promoting bilateral ties in the future, said Vietnamese Ambassador to the US Nguyen Quoc Dung.
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.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
An overview of the reception. (Photo: www.most.gov.vn) 
