Chinese, Korean firms seek investment opportunities in Binh Phuoc
A delegation from Food Valley of China (FVC) led by former Chinese Ambassador to Vietnam Hu Qianwen made a fact-finding tour to the southern province of Binh Phuoc on February 20 to study the possibility of boosting exports via official channels to China.
Secretary of Binh Phuoc provincial Party Committee Nguyen Van Loi (fourth from left) welcomes delegation from Food Valley of China (Source: VNA)
Binh Phuoc (VNA) – A delegation from Food Valley of China (FVC)led by former Chinese Ambassador to Vietnam Hu Qianwen made a fact-finding tourto the southern province of Binh Phuoc on February 20 to study the possibilityof boosting exports via official channels to China.
Working with the delegation, Secretary of the provincial Party CommitteeNguyen Van Loi introduced the delegation to the province’s main agriculturalproducts such as rubber, cashew nuts, pepper, cocoa, mango, durian and orange.
The province has linked many value chains with clean production toensure quality of the products for export, he added.
Loi voiced his belief that through the working session, the two sides’enterprises will have better understanding towards long-term cooperation in thetime to come.
Hu said that, through the introduction of the Vietnamese Ministry ofAgriculture and Rural Development, the delegation chose Binh Phuoc as the firstdestination to boost trade connectivity.
Speaking of the province’s main products and agricultural strengths, hestated that the delegation will send several experts to Binh Phuoc to study itsmarket and bring more Chinese enterprises to attend the Binh Phuoc’s annualfarm produce fair in April.
On the same day, Loi also had a working session with representativesfrom the Republic of Korea’s Hankuk Carbon Company which is building a factoryat the Becamex-Binh Phuoc Industrial Park. The factory is expected to put intooperation between June and August.
Highly speaking the capacity of Korean investors, especially in carbonproduction, Loi hoped that more Korean enterprises would pour capital into BinhPhuoc province.
Binh Phuoc province will create all favourable conditions for investors,he affirmed.-VNA
Four cashew processors have been given the right to use the geographical indication (GI) of “Binh Phuoc” for their cashew products, in a move to help them prove the legitimacy of their products originating from the southern cashew hub of Vietnam.
More than 12 trillion VND (514.72 million USD) has been invested in a solar power project in the southern province of Binh Phuoc, said Director of the provincial Department of Planning and Investment Vo Sa.
A business delegation from China are paying a visit to Vietnam to study the possibility of investing and importing agro-forestry-aquatic products of the Southeast Asian country.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Secretary of Binh Phuoc provincial Party Committee Nguyen Van Loi (fourth from left) welcomes delegation from Food Valley of China (Source: VNA) 
