PM calls on Chinese investors to heed technology, environment
Prime Minister Nguyen Xuan Phuc has called on Chinese businesses to increase their investment in important sectors in Vietnam, with attention paid to technological and environmental issues.
Prime Minister Nguyen Xuan Phuc (R) and Chen Yilong, Chairman of Sunshine Kaidi New Energy Group Co Ltd. (Source: VNA)
Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc has called on Chinesebusinesses to increase their investment in important sectors in Vietnam, withattention paid to technological and environmental issues.
Hemade the appeal at a reception for Chen Yilong, Chairman of Sunshine Kaidi NewEnergy Group Co Ltd., and Jiang Rongjian, Deputy Director of China HuarongAsset Management Co Ltd. in Hanoi on July 31.
ThePM suggested the two companies establish cooperation to carry out jointprojects.
ChenYilong said Kaidi, Huarong and Hanoi General Import and Export JSC (Geleximco)of Vietnam set up an international investment fund worth 15 billion USD.
Kaidiis keen on investing in thermo-electric plants in Vietnam and commits to buildingenvironmentally-friendly factories with cutting-edge equipment and technologiesand highest environmental standards, helping the country meet its energydemands, he said.
Headded that the company is also interested in investing in Vietnam’s majorinfrastructure projects like airports, seaports, logistics services and urbanexpressways, thus contributing to the country’s development.
Forhis part, Jiang Rongjian said Huarong is China’s largest unit in asset, financeand monetary management with its assets valued at 220 billion USD in 2016.
Kaidiis Huarong’s long-term partner, he said, noting that his company hopes toparticipate in a number of big investment projects in Vietnam.
Applaudingideas raised by the two companies, PM Nguyen Xuan Phuc said withstate-of-the-art technologies, high environmental standards and on-scheduleprogress, the companies will actively contribute to the relations betweenVietnam and China.
Heemphasised the Vietnamese Government’s viewpoints on suitable structure of coal-fueledthermo electricity and renewable energy, saying that Kaidi-invested thermopower plants in Vietnam have been listed in the national Power DevelopmentMaster Plan VII.
Theleader suggested Kaidi have specific working sessions with competent Vietnameseagencies to discuss the projects.-VNA
The Vietnam Chamber of Commerce and Industry (VCCI) on August 22 signed a cooperative agreement with the China Council for the Promotion of International Trade’s (CCPIT) Ningbo city chapter.
Vietnam pursues a consistent policy of attaching special importance to its friendship with China and giving it a top priority in the country’s foreign policy, affirmed Prime Minister Nguyen Xuan Phuc.
Prime Minister Nguyen Xuan Phuc has assured Chinese investors that the Vietnamese Government will provide the best possible conditions for them to do business in the Southeast Asian country.
Party General Secretary Nguyen Phu Trong has urged Chinese enterprises to further expand their investment in Vietnam, using modern and environmentally friendly technologies, for sustainable development.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
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.
Prime Minister Nguyen Xuan Phuc (R) and Chen Yilong, Chairman of Sunshine Kaidi New Energy Group Co Ltd. (Source: VNA) 
