Quang Ninh - ideal destination for foreign investors
The northeastern province of Quang Ninh has emerged as an ideal destination for investors who want to diversify production activities and expand their supply chains outside China.
Ha Long city in northern Quang Ninh province (Source: Quang Ninh Newspaper)
Quang Ninh (VNA) – The northeasternprovince of Quang Ninh has emerged as an ideal destination for investors whowant to diversify production activities and expand their supply chains outsideChina.
"For investors operating in Guangdong(China), Quang Ninh is a destination worth considering in the plan to relocateproduction bases to Vietnam," said Pritesh Samuel, an expert from DezanShira & Associates Company.
According to the expert, Quang Ninh isconsidered a strategic investment destination in northern Vietnam and animportant link of the northern economic growth triangle Hanoi - Hai Phong -Quang Ninh.
The province has great advantages with Van Dondistrict planned to become a multi-sectoral marine economic zone, and anentertainment center with casino, high-class sea-island tourism, and generalservices, he explained.
In addition, this is also the gateway forinternational trade, creating unique, modern and high-quality products whichcan be internationally competitive, he went on.
Therefore, foreign investors expect Van Dondistrict and Quang Ninh in general to be an important business center that isconvenient for trade connectivity with China and ASEAN, he added./.
The northeastern province of Quang Ninh on May 25 held a conference to analyse the local PCI (Provincial Competitiveness Index) in 2019 and seek ways to improve its PCI quality this year.
More than 170,000 tourists visited Quang Ninh between May 1 and 24 as a result of promotional programmes the northern coastal province has launched following the resumption of tourism activities this month after social distancing measures to tackle COVID-19 were eased, according to the local Tourism Department.
Prime Minister Nguyen Xuan Phuc has approved the inclusion of Quang Ninh province’s Quang Yen economic zone, which covers an area of 13,303 hectares, into the master plan for the development of coastal economic zones by 2020.
The northern province of Quang Ninh topped the 2019 public administration reform (PAR) index for the third consecutive year, with 90.09 points, up 1.03 points against the previous year.
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.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
Ha Long city in northern Quang Ninh province (Source: Quang Ninh Newspaper) 
