Vietnam, Venezuela boast potential for fishery cooperation: Ambassador
Vietnam and Venezuela have favourble conditions to bolster cooperation in fisheries, Vietnamese Ambassador Le Viet Duyen said while addressing a recent forum.
Venezuelan Minister for Fisheries and Aquaculture Juan Carlos Loyo (3rd, L) and the Vietnamese Embassy staff in a group photo. (Source: VNA)
Buenos Aires (VNA) – Vietnam and Venezuelahave favourble conditions to bolster cooperation in fisheries, VietnameseAmbassador Le Viet Duyen said while addressing a recent forum.
The ambassador’s attendance at the fishery forum andhis recent working visit to Maracaibo city in Zulia state were intended to promotetrade ties between Vietnam and Venezuela.
The diplomat noted that Vietnam’s fishery export ranksthird in the world, only after China and Norway, with annual revenue of nearly1 billion USD.
Regarding the trade ties between Vietnam and Venezuela,he said in the first 10 months of 2022, the two-way trade increased 700% year-on-year,stressing that after 15 years of establishing the comprehensive partnership,the two countries have signed more than 50 bilateral cooperation agreements,including those on fisheries.
Pointing out that the bilateral fishery cooperationhas yet to match potential of both sides, Duyen suggested parliamentarians,leaders of ministries and agencies, and scholars of Venezuela coordinate withthe Vietnamese side to set up cooperation mechanisms and sign technical dealsto facilitate fishery and food trading, covering food safety and hygiene.
Venezuelan Minister for Fisheries and Aquaculture JuanCarlos Loyo spoke highly of Vietnam’s economic achievements, particularly thosein fisheries, and expressed his hope that the Southeast Asian nation willshare its experience in this field.
The participating Venezuelan parliamentarians, officials,scholars and businesses said they will work to seek cooperation mechanisms withVietnam in economy, trade and investment in general and fisheries inparticular./.
Minister of Foreign Affairs Bui Thanh Son suggested Vietnam and Venezuela enhance their trade and investment ties at a reception for Deputy Foreign Minister of Venezuela Capaya Rodriguez in Hanoi on July 8.
Vietnam’s reform and its path towards socialism was spotlighted at a seminar held on July 13 at the National Experimental University of the Armed Forces (UNEFA) of Venezuela by the Vietnamese Embassy.
The association of Vietnam’s friends in Venezuela’s Mérida made its debut at a recent ceremony held by the Foundation for the Cultural Development of the Mérida State (Fundecem), with Ambassador Le Viet Duyen attending.
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.
Venezuelan Minister for Fisheries and Aquaculture Juan Carlos Loyo (3rd, L) and the Vietnamese Embassy staff in a group photo. (Source: VNA) 
