Vietnam's T&T Group, RoK’s DB Group seal cooperation deal
The Republic of Korea's conglomerate DB Group announced on May 30 that it has signed a memorandum of understanding (MOU) on business cooperation with Vietnam's T&T Group.
Seoul (VNA) - The Republic of Korea's conglomerate DB Group announced on May 30 that it has signed a memorandum of understanding (MOU) on business cooperation with Vietnam's T&T Group.
The two have agreed to share their infrastructure and know-how in Vietnam, and to enhance mutual synergy through various collaborations.
T&T Group, established in 1993, is a leading Vietnamese company engaged in various businesses including financial services, energy, trade and real estate. It has over 200 subsidiaries and employs around 80,000 people.
DB Group's Vietnam business is led by DB Insurance, its property and casualty insurance unit established in 1984. DB Insurance made a leap forward in Vietnam's market by acquiring PTI Insurance in 2015, becoming the third-largest insurance company in terms of market share in the Southeast Asian country./.
Many Korean enterprises want to learn about investment in Hanoi and look for support from the authorities, said Ambassador of the Republic of Korea to (RoK) Vietnam Park Noh Wan at his meeting with Chairman of the municipal People’s Committee Tran Sy Thanh on September 6.
Enterprises from the Republic of Korea (RoK) have shared their view that the northern port city of Hai Phong is an ideal destination for production and business.
The Republic of Korea (RoK)’s Ministry of Food and Drug Safety (MFDS) on April 20 announced that the Vietnam’s Ministry of Health has abolished a circular featuring the procurement of medical equipment, applying different bidding groups for imported equipment.
A programme to boost connection between businesses of the Republic of Korea (RoK) and those of the northern province of Bac Ninh was held in the province on May 18.
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.
At the signing ceremony (Photo: hanoimoi.com.vn) 
