Information on investment procedures and incentives were updated to businesses and investors at a dialogue organised by the Department of Industry and Trade of Ho Chi Minh City on March 31.
HCM City (VNA) –Information on investment procedures and incentives were updatedto businesses and investors at a dialogue organised by the Department ofIndustry and Trade of Ho Chi Minh City on March 31.
🎃 According to Vice Director of the department Le Huynh Minh Tu, the country's biggest hub is hometo nearly 1,900 representative offices of foreign traders, many have made remarkable contributions to the city's socio-economicdevelopment in particular and Vietnam in general.
Participants at the dialogue (Photo: VNA)
The department has planned to organisemeetings and consultations to share experience and promote cooperation,focusing on investment and trade activities by each market group and commoditygroup for Vietnam, he said.
Meanwhile, representatives from themunicipal Tax Department said the agency has accelerated the applicationof technology in declaring and submitting tax documents.
Pham Tuan Anh, deputy head of the foreign economic division of the municipal Departmentof Planning and Investment, said that the city's authorities encourage orientedactivities such as labour training, using local labourers, research and development (R&D), and export.
The city’s incentives for investment will focus on corporate tax, importand export tax, land use and rental fee, among others, he noted.
Statistics show that so far this year, over 74.8 trillion VND (3.27 billion USD) of investment was disbursed inHCM City, up 7.3 percent year-on-year.
Foreign investors poured 406.6 million USD into HCM City from January 1 – March20. Notably, the capital from Singapore, the Republic of Korea, and Japanaccounted for 74.4 percent of the total of newly-registered capital.
🧸 The city had 10,533 validinvestment projects worth 52.89 billion USD asof March 20./.
Ho Chi Minh City, Vietnam’s largest economic hub, has been paying attention to developing the hi-tech industry so as to bring into full play opportunities brought about by the Fourth Industrial Revolution.
Chairman of the Ho Chi Minh City People’s Committee Phan Van Mai has proposed the International Organisation of La Francophonie (OIF) to help local firms access markets of the organisation’s member countries, and step up cooperation with member businesses in agro-product processing, renewable energy and green growth, among others.
Ho Chi Minh City has identified promoting all-round digital transformation as one of the important tasks to recover and develop the local economy this year.
A seminar was held in Ho Chi Minh City on March 29, discussing how to build a barrier-free smart city for people with disabilities (PWDs), towards a future in which no one is left behind.
The 16th International Travel Expo – Ho Chi Minh City (ITE HCMC 2022) will take place at the Saigon Exhibition and Convention Centre (SECC) in District 7 on September 8 – 10, heard at a press conference in Hanoi on March 31.
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.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
A view of HCM City (Photo: ) 
Participants at the dialogue (Photo: VNA) 
