Representatives from agencies, associations and businesses of Vietnam and Singapore looked into the market situation, and cooperation potential and opportunities between the two countries, especially in logistics, at a seminar in Singapore on April 5.
Singapore (VNA) – Representatives fromagencies, associations and businesses of Vietnam and Singapore looked into themarket situation, and cooperation potential and opportunities between the twocountries, especially in logistics, at a seminar in Singapore on April 5.
The seminar on logistics, trade and connectivity washeld under the co-sponsorship of the Agency of Foreign Trade at the VietnameseMinistry of Industry and Trade (MoIT), the trade office at the VietnameseEmbassy in Singapore, the Singapore Chinese Chamber of Commerce & Industry (SCCCI), and the Singapore Logistics Association.
It formed part of the activities by a MoIT delegation thatcomes to Singapore to learn about the country’s experience and introducebusiness and investment opportunities in logistics between the two countries.
In his remarks, Ambassador Mai Phuoc Dung pointed to ample room for the two countries’ firms to cooperatein the sector.
SCCI Chairman Kho Choon Keng lauded Vietnam’s rapidrecovery after the COVID-19 pandemic, with its GDP expected to grow 6.0% thisyear, saying the country remains a popular destination for Singaporeanenterprises.
With its strong economic growth, and young,abundant, skilled workforce, Vietnam is luring more international investors, hesaid, noting that logistics services and supply chains will play an importantrole in spurring the national economy in the time ahead.
Statistics show that 30,000 businesses in Vietnamare operating in transportation, warehousing and delivery services. The countryranks third in the ten-member Association of Southeast Asian Nations (ASEAN) inlogistics performance index (LPI)./.
The official visits to Singapore and Brunei by Prime Minister Pham Minh Chinh, his spouse and a high-ranking Vietnamese delegation from February 8-11 have been successful, contributing to lifting Vietnam-Singapore strategic partnership and Vietnam-Brunei comprehensive partnership to a greater height, said Minister of Foreign Affairs Bui Thanh Son.
Singapore may issue an Online Criminal Harms Act later this year to better tackle crimes committed in cyberspace, according to Second Minister for Home Affairs Josephine Teo.
Vietnam remains an important source of tourists to Singapore, and the country has always been an attractive destination for international holidaymakers, including Singaporeans, according to chief representative of the Singapore Tourism Board (STB) in Vietnam Serene Ng.
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.
A view of the seminar (Photo: VNA) 
