PM witnesses signing of deal between TH Group, Chinese partner
Prime Minister Nguyen Xuan Phuc on April 25 witnessed the signing of a Memorandum of Understanding on strategic cooperation in distributing dairy products between Vietnam’s TH Group and Wuxi Jinqiao International Food City, which owns the largest merchandise wholesale centre in China.
Beijing (VNA) – Prime Minister Nguyen Xuan Phuc on April 25 witnessed thesigning of a Memorandum of Understanding on strategic cooperation in distributingdairy products between Vietnam’s TH Group and Wuxi Jinqiao International FoodCity, which owns the largest merchandise wholesale centre in China.
Theactivity was part of the PM’s visit to attend the second Belt and Road Forumfor International Cooperation (BRF) in Beijing from April 25-27.
Thesigning ceremony was a step to realise economic cooperation policy between thetwo governments while opening up market expansion opportunities as the Protocolon exports of Vietnamese dairy products to China is scheduled to be signed.
THGroup is also one of the vanguard units that export products with below 80percent of milk to China via official channels before the Protocol is inked.
Itis also ready with solid foundation to distribute TH True Milk-branded food,farm produce, and especially dairy and organic products to key areas inChina.-VNA
The Vietnamese agricultural sector should find out a right way of approach, consider market as the target and market standards as quality measurement to help agricultural products better meet both domestic and international market requirements.
The Ministry of Science and Technology and the Ministry of Agriculture and Rural Development have urged six provinces in the northern central region to utilise land in the corridor of Ho Chi Minh Trail to develop high-tech agriculture.
Vietnamese dairy firm TH True Milk (TH Group) on October 14 received nearly 1,800 dairy cows of 3 or 5-month pregnancy which were inseminated through embryo transfer from US high-yielding dairy cow Holstein Friesian.
Prime Minister Nguyen Xuan Phuc cut the ribbon to officially inaugurate the Nui Tien purified water, herbal, and fruit juice processing plant invested by TH Group in the central province of Nghe An on February 22.
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.
Illustrative image (Source: Internet) 
