Kon Tum introduces investment opportunities to RoK firms
Kon Tum is calling for capable investors and firms to run long-term business in the Central Highlands province and accompany local authorities in developing the green economy, protecting the environment and combating climate change, a local official said.
Kon Tum (VNA) – Kon Tum iscalling for capable investors and firms to run long-term business in the CentralHighlands province and accompany local authorities in developing the greeneconomy, protecting the environment and combating climate change, a localofficial said.
Le Ngoc Tuan, Permanent Vice Chairman of theprovincial People’s Committee, made the remarks at a meeting withrepresentatives of 20 businesses from the Republic of Korea (RoK) and localenterprises on December 15.
He briefed the businesspeople on theprovince’s potential, strength and resources in such areas as pharmaceutical andagricultural product processing, and tourism, as well as incentive mechanismsfor investors.
With favourable geographical location,diverse natural resources, distinctive culture and soil and climate conditions,Kon Tum aims to attract investments in high-tech agriculture, herbal medicine,tourism and urban development, Tuan said.
Lee Hansu, Director of SJ Rosin Co., Ltd, saidKon Tum has offered support for businesses to operate effectively in thelocality.
Chairman of the provincial People’sCommittee Nguyen Van Hoa had a working session with RoK enterprises specialisedin planting and processing Ngoc Linh ginseng and pharmaceutical products.
Vice Chairman of the People’s CommitteeNguyen Huu Thap talked about the province’s attraction of investments inhigh-tech agriculture, farm produce processing and husbandry.
Meanwhile, Vice Chairwoman of the committeeTran Thi Nga highlighted leisure tourism development in the locality.
The event took place within the fourthtourism and culture week of Kon Tum province.-VNA
The Intellectual Property Agency of Vietnam, under the Ministry of Science and Technology, has expanded recognition of the Geographical Indication (GI) of Ngoc Linh for ginseng root products grown in 15 communes of Quang Nam and Kon Tum provinces.
About 2,000 trees of Ngoc Linh ginseng will be planted at the Hon Ba Nature Reserve in the central coastal province of Khanh Hoa under a scientific research project.
Kon Tum province has been to focus on synchronously launching measures to improve capacity and quality, expand production scale, enhance agricultural restructuring and striving to make the province become the nation’s key pharmaceuticals region.
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.