Deputy Prime Minister Tran Luu Quang hosted a reception in Hanoi on May 30 for Chief Operations Officer of the Denmark-based LEGO Group Carsten Rasmussen who is on a working visit to Vietnam.
Deputy PM Tran Luu Quang (R) and Chief Operations Officer of the Denmark-based LEGO Group Carsten Rasmussen (Photo: VNA)
Hanoi (VNA) – Deputy Prime Minister Tran Luu Quang hosted a reception in Hanoi on May 30 for Chief Operations Officer of the Denmark-based LEGO Group Carsten Rasmussen who is on a working visit to Vietnam.
At the event, Deputy PM Quang affirmed that the Vietnamese Government treasures and pays special attention to the LEGO plant in the southern province of Binh Duong which is built in line with the global development trend and one of important solutions for the country to concretise the net-zero commitment it made at the 2021 UN Climate Change Conference (COP 26).
LEGO plant will be a standout example for Vietnam’s foreign investment attraction in the coming time since it initiates a green production method that the country and the whole world are heading towards, he said, stressing the plant is a vivid illustration for the commitments of the two countries’ leaders on enhancing bilateral investment and trade ties.
He spoke highly of the efforts made by ministries, sectors and Binh Duong province to remove bottlenecks and push ahead the construction of the plant.
Quang expressed his hope that Danish Ambassador to Vietnam Nicolai Prytz and LEGO leaders will continue working to call for Danish firms to land investment in Vietnam.
Carsten Rasmussen thanked the Vietnamese Government, ministries, sectors and the locality for their support for LEGO to develop its plant which is sixth and first-ever carbon-neutral one in the world.
LEGO is working with Binh Duong province to build a solar energy farm to serve the plant, and it is expected to become operational on the outset of 2025, he said.
Meanwhile, the Danish diplomat stressed that the one-billion-USD LEGO plant is the largest overseas project of Danmark and also a typical model for green and sustainable development.
🃏 He said he has been impressed by Vietnam’s strong commitment to the net-zero target by 2050, holding its efforts to realise the goal will help the country hold competitive edge in attracting foreign investments./.
The 1.3-billion-USD LEGO factory is scheduled to start operation in 2024, Preben Elnef, Vice President of the LEGO Group and General Manager of LEGO Manufacturing Vietnam said at his meeting on January 9 with Chairman of Binh Duong province's People’s Committee Vo Van Minh.
LEGO Manufacturing Vietnam Co. Ltd. has opened a recruitment office to seek thousands of workers for its factory in the southern province of Binh Duong which is expected to start operations in early 2024, the province’s employment centre said on September 18.
Danish toy maker LEGO on November 3 began construction of an over-1.3 billion-USD factory, the biggest foreign-invested plant in the southern province of Binh Duong.
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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.