Hung Yen province cooperates with RoK firm in smart city development
The northern province of Hung Yen on December 2 signed a memorandum of understanding (MoU) on cooperation in smart city development with Korea Land and Housing Corporation (LH) of the Republic of Korea (RoK).
Hung Yen (VNA) – The northern province ofHung Yen on December 2 signed a memorandum of understanding (MoU) oncooperation in smart city development with Korea Land and Housing Corporation(LH) of the Republic of Korea (RoK).
Speaking at the signing ceremony, Chairman of theprovincial People’s Committee Tran Quoc Van said over the past time, Hung Yen haspoured investments in infrastructure and high-quality human resources to bettermeet requirements of domestic and foreign investors.
Hung Yen always supports businesses, helping themremove difficulties in a timely manner, he said, asking investors to quicklyinform the People’s Committee about their roadblocks through the committee’shotline.
The province has also created favourable conditionsfor businesses to train labourers, and commits to streamlining administrative procedures,the official added.
LH Chairman Kim Hyun-jun said the MoU is expected tocontribute to enhancing the bilateral cooperation mechanism to build smartcities that are competitive in Vietnam and the world at large.
Currently, LH and TDH Ecoland JSC based in Hung Yenare partnering in building a clean industrial park covering 140ha in theprovince./.
Kim Sang Yeol, Founder and Chairman of Hoban Construction – one of the Republic of Korea’s top builders, has been honoured with Vietnam's Friendship Order in recognition for his outstanding contribution to promoting economic, cultural and educational exchanges and boosting the strategic cooperative partnership between the two countries.
Vietnamese Deputy Foreign Minister Nguyen Quoc Dung, head of the SOM ASEAN Vietnam and his counterpart from the Republic of Korea (RoK) Yeo Seung-bae chaired a Vietnam-RoK consultation on the coordination of the ASEAN-RoK relationship in the 2021-2024 period on November 29.
The Republic of Korea (RoK) has always been an important partner for ASEAN and Vietnam, Foreign Minister Bui Thanh Son told RoK Deputy Foreign Minister Yeo Seung-bae at a meeting in Hanoi on November 30.
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.
At the signing ceremony (Photo: VNA) 
