Hanoi welcomes more investors from the Republic of Korea (RoK), Secretary of the municipal Party Committee Vuong Dinh Hue said and invited RoK businesses to participate in an investment promotion forum hosted by the city in June.
Secretary of Hanoi Party Committee Vuong Dinh Hue (R) receives RoK Ambassador to Vietnam Park Noh-wan (Source: hanoi.gov.vn)
Hanoi (VNA) – Hanoi welcomes more investors from the Republic of Korea(RoK), Secretary of the municipal Party Committee Vuong Dinh Hue said and invitedRoK businesses to participate in an investment promotion forum hosted by thecity in June.
When receiving RoK Ambassador to VietnamPark Noh-wan on May 21, Hue affirmed that Hanoi has basically put the COVID-19pandemic under control, which is the outcome of joint efforts between theGovernment and people, including Koreans living in Hanoi.
The city is working on the dual tasks of preventingthe disease and taking economic development measures at the same time, hestated, adding that it aims to maintain a growth pace 1.3 times higher thanVietnam’s average growth rate.
The city leader also asked the Ambassadorto coordinate in restoring the supply chain for Vietnamese businesses andKorean businesses operating in Vietnam.
Ambassador Park thanked the city leader’sdirections and attention to ensure safety for Koreans living in Hanoi and helpKorean enterprises maintain their operations./.
Le Thi Thu Hang, Director of the Press - Information Department under the Ministry of Foreign Affairs (MoFA), on May 15 granted licences to foreign press agencies to establish representative offices in Vietnam.
Southeast Asia has been defined as the place where the Republic of Korea (RoK)’s financial industry should expand its presence over the next three years to accomplish its plan of becoming an international financial hub in 2022.
Korean Ambassador to Vietnam Park Noh-wan has written an article on the relationship between the Republic of Korea (RoK) and Vietnam. Following is the full text of the article.
Japanese appliance-maker Panasonic on May 21 said that next year it will move its Thai-based production of refrigerators and washing machines to Vietnam, laying off some 800 workers.
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.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Secretary of Hanoi Party Committee Vuong Dinh Hue (R) receives RoK Ambassador to Vietnam Park Noh-wan (Source: hanoi.gov.vn) 
