Hai Phong (VNA) 🎀– A delegation from Hekou county of China's Yunnan province visited the Hai Phong Economic Zone Authority and Nam Cau Kien Industrial Park on March 19–20, sharing experiences in the development of free trade zones.
Le Trung Kien, head of the Hai Phong Economic Zone Authority, emphasised China’s role as a strategic partner in various sectors of the northern port city.
China ranks second among the 42 countries and territories investing here, with 245 projects totalling 6.2 billion USD. Hai Phong is currently developing its southern economic zone under a green, ecological, and circular industrial model, and also working to establish a free trade zone, he noted.
On this occasion, Kien invited the Hekou delegation to share insights into the free trade zone development, economic and social impacts of those zones, as well as the challenges during their development and operation.
Yu Yang, Secretary of the Hekou county Party Committee and head of the Yunnan Pilot Free Trade Zone - Honghe Area, expressed admiration for Hai Phong’s vigorous growth over the past years. He highlighted the strong Vietnam – China cooperation and the close ties between Yunnan and Hai Phong as key drivers of new opportunities and promising prospects for both sides.
The two sides agreed to enhance collaboration in areas such as high-level mutual visits, friendship exchanges, and railway infrastructure connectivity. They will work to advance the construction of the Kunming–Lao Cai–Hanoi–Hai Phong standard-gauge railway, and resume a direct air route between Hai Phong and Yunnan.
Additionally, a cooperative framework will be established between Hai Phong's economic zones and the Yunnan Free Trade Zone, particularly in the Kunming and Honghe areas./.
Vinh Phuc province pledges to create the best possible conditions for Hekou investors and businesses to invest in local industrial parks, particularly in electronics and textile manufacturing, a local official has said.
Set to cover more than 1,000 ha of about 20,000 ha earmarked for the southern coastal economic zone, the free trade area is designed to follow successful models worldwide, aiming to create a favourable investment climate for multinational conglomerates.
Import and export activities between Vietnam and China were moderate in the first two months of the year, with a value exceeding 31 billion USD. Since the beginning of the year, China has tightened imports of certain items from Vietnam, including durian fruit.
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.
