A host of Vietnamese and Sri Lankan businesses gathered at a tradeexchange in Ho Chi Minh City on Aug 14 to seek business opportunities.
The event was jointly organised by the Ho Chi Minh City chapter ofthe Vietnam Chamber of Commerce and Industry and Sri Lanka ’sDankotuwa Association of Real Estate and Industrial Investors.
The visiting Sri Lankan businesses mainly work in farm produce andfoodstuff, garment accessories, and packaging and constructionmaterials.
S.H Harischandra, former senior advisorto Sri Lankan Minister of Commerce and Trade, said Sri Lanka isoffering investment incentives, including tax preferences andadministrative procedures, to improve cooperation with developingcountries in a bid to tap domestic market and expand investmentoverseas.
The same day, a number of Japanesecompanies working in business consultancy, foodstuff, automobile spareparts, industrial and construction machinery and office equipment made aworking visit to HCM City .
On the occasion,the HCM City SIYB business club and Japan ’s BSO company also hostedan exchange with Japanese counterparts, creating a business corridor forthe two countries to share information and study the market.-VNA
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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.
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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.
