Hanoi stands ready to aid European investors and will offer them more preferential policies, said Chairman of the municipal People’s Committee Nguyen Duc Chung.
Hanoi (VNA) – Hanoi stands ready to aid European investors and willoffer them more preferential policies, said Chairman of the municipal People’sCommittee Nguyen Duc Chung.
Theofficial made the commitments at a dialogue between the European Chamber ofCommerce (EuroCham) in Vietnamand the municipal People’s Committee on September 25 in the capital.
Chungreviewed Hanoi’sdevelopment since its administrative boundary expansion 10 years ago.
Hetold the delegates that the city is stepping up infrastructure building towardsthe smart city model, administrative reform, personnel training andenvironmental protection.
Chungexpressed his hope that these efforts will help Hanoiimprove its business environment and consolidate confidence of foreigninvestors, including those from Europe.
European partners are leading foreign investorsin Vietnam, with total investment of nearly 25 billion USD, and the continentis the country’s biggest provider of non-refundable aid, while two-way traderose five times in 2006-2017, exceeding 50 billion USD last year.-VNA
Hanoi wishes to learn from experience of Italy’s Milan city in urban construction and development for its programme to become a smart city, said Chairman of the municipal People’s Committee Nguyen Duc Chung.
The central city of Da Nang has been compiling simplified investment procedures to support European businesses with more transparency and a reduction in informal charges.
Vietnam is determined to build an open trade and investment environment and welcomes all European investors and entrepreneurs to do business in the country, Deputy Minister of Industry and Trade Tran Quoc Khanh has said.
Despite several ups and downs over the last decade, the flow of foreign direct investment (FDI) into Vietnam’s property market has managed to sustain stable growth.
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.
A corner of Hanoi. (Photo: VNA) 
