VN continues providing optimal conditions for Swedish businesses
The Vietnamese Government will continue creating favourable conditions for Swedish firms, including those from Ostergotland region, to do stable and long-term business in Vietnam.
Deputy Prime Minister and Foreign Minister Pham Binh Minh (R) and Elisabeth Nilsson, Governor of Sweden’s Ostergotland region (Source: VNA)
Hanoi (VNA) – The Vietnamese Government will continue creating favourableconditions for Swedish firms, including those from Ostergotland region, to do stableand long-term business in Vietnam, particularly in green technology,processing, manufacturing, infrastructure, health care, information technologyand maritime economy.
DeputyPrime Minister and Foreign Minister Pham Binh Minh made the statement at a receptionfor visiting Elisabeth Nilsson, Governor of Sweden’s Ostergotland region, inHanoi on February 24.
TheDeputy PM expressed his delight at the development of the traditionalfriendship and cooperation between the two nations.
Swedenis Vietnam’s important partner in Europe, with two-way trade reaching 1.2billion USD in 2016, Minh said, adding that numerous leading Swedish firms areoperating effectively in Vietnam, such as ABB Electrolux and TetraPak.
Minhalso expressed his pleasure with the cooperation between the two nations’localities, especially between Thai Nguyen and Ostergotland, saying it willcontribute to promoting bilateral relations and people-to-people exchange.
Forher part, Elisabeth Nilsson said she believes that the two localiites’collaboration will develop stronger in the future.
She also thanked Vietnam’ssupport and incentives given to businesses from Ostergotland region and Swedenin general.-VNA
Ho Chi Minh City will create optimal conditions for Swedish businesses to seek opportunities for long-term investment and business, Chairman of the HCM City People’s Committee Nguyen Thanh Phong said.
Leading Swedish companies including Ericsson, ABB, and EP joined a press conference in Hanoi on December 8 to introduce their strengths, aiming to seek cooperation with Vietnamese partners.
The northern province of Thai Nguyen hopes to cooperate with businesses from Ostergotland province of Sweden in various fields, said the Vice Chairman of the provincial People’s Committee Nhu Van Tam.
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.