The central coastal province of Nghe An has paid heed to renovating and enhancing promotional activities to draw investment from such key partners as Japan, the RoK, Singapore and Thailand.
Nghe An (VNA)𒊎 – The central coastal province of Nghe An has paid heed to renovating and enhancing promotional activities to draw investment from such key partners as Japan, the Republic of Korea (RoK), Singapore and Thailand.
The move is significant as it will create jobs for local labourers while increasing the budget collection and giving a push to the provincial socio-economic development.
Along with keeping close inspection on low-speed projects and addressing difficulties for investors, the province has also joined hands with relevant ministries and agencies like the Korean Trade-Investment Promotion Agency, the Japan External Trade Organisation and the Foreign Investment Agency to promote foreign investment in the locality.
Furthermore, it is consolidating relations with its existing non-governmental organisations and seeking to cooperate with other potential non-government ones to mobilise sponsorship.
From the outset of this year, the province granted licenses and revised investment certificates to 34 projects with total registered capital of 19 trillion VND (852.8 million USD).
The province is working with Thai Hemaraj group and the RoK’s TA-Trading Co., Ltd to carry out projects on industrial and urban area development, forest plantation and high-tech waste treatment.-VNA
Foreign direct investment (FDI) worth nearly 10.16 billion USD flowed into Vietnam in the first five months of this year, an increase of 136.4 percent from the same period last year.
A workshop was held by the Vietnam Embassy in India and the India – ASEAN – Sri Lanka Chamber of Commerce and Industry in Chennai on June 1 to promote investment in Vietnam.
A workshop on opportunities in agriculture and investment cooperation between Vietnam and Japan was held by the Consulate General of Vietnam in coordination with Japan’s Kokorozashi Network in Osaka.
Vietnam needs to invest more in tourism promotion work to keep up with regional countries, according to the Vietnam National Administration of Tourism (VNAT).
President Tran Dai Quang has hoped that Japanese businesses will increase investment in Vietnam, especially in developing hi-quality infrastructure and support industry.
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.
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.
Illustrative photo (Photo:VNA)
