Vietnam attracts foreign investment to build sustainable future
A recent article published on the UK site internationalbanker.com has assessed Vietnam’s efforts to lure foreign trade and investment serving the building of a sustainable future.
At the groundbreaking ceremony of LEGO Group's 1.3 billion USD project in Binh Duong provice. (Photo: VNA)
Hanoi (VNA) – A recent article published on the UKsite internationalbanker.com has assessed Vietnam’s efforts to lure foreigntrade and investment serving the building of a sustainable future.
The article said Vietnam is looking to shift away from heavyindustry and becoming more selective in the sectors it promotes for foreigninvestment. “Building upon its status as a manufacturing hub for global brands,it is orienting itself towards technology, embracing more technical industries.”
The author said that the Vietnamese government has made aconcerted effort to attract investment through a variety of incentives. In ASEAN,the country ranks behind only Indonesia and Singapore in terms of internationaltrade relationships.
One of the most promising recent developments has been itsstrategic partnership with the Republic of Korea, which has already brought innearly 18 billion USD in investment from Samsung alone.
Japan is a long-standingtrading partner of Vietnam, and in the past decade, Japanese corporates haverelocated production to the country en masse. Meanwhile, the EU is a majorpartner for Vietnam – the country’s third largest export market and its fifthlargest partner for imports.
The article noted that international companies, prompted bygovernment regulation and industry-wide ESG (Environmental, Social, andGovernance) commitments, are increasingly applying sustainability standardsacross borders through their supply chains. Vietnam is raising its own ESGstandards accordingly to maintain their valuable trade relationships.
The author said international interest in financingSoutheast Asia’s energy transition is certainly there. The challenge for ASEANnations, including Vietnam, is upgrading and optimizing their existinginfrastructure which will be a costly and time consuming endeavour./.
Vietnam has increasingly become a burgeoning industrial hub, especially for tech and apparel, wrote an article published by India’s stattimes.com on January 14.
The Business Times, a Singaporean financial daily, and Asia Times, Hong Kong–based news platform, have recently run articles highlighting Vietnamese Prime Minister Pham Minh Chinh’s official visit to Singapore from February 8-10.
The United Nations General Assembly (UNGA) on February 24 adopted two resolutions on the organisation of the High-Level Meeting on Pandemic Prevention, Preparedness and Response and the High-Level Meeting on the Fight Against Tuberculosis, which are expected to be held during the High-Level Week of the UNGA’s 78th session in September.
The fifth session of the Intergovernmental Conference on an international legally binding instrument under the United Nations Convention on the Law of the Sea (UNCLOS) on the conservation and sustainable use of marine biological diversity of areas beyond national jurisdiction concluded in New York on March 5, with participants reaching an agreement on the instrument.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Talking to the Vietnam News Agency on the occasion of the 100th anniversary of the Vietnam’s Revolutionary Press Day (June 21, 1925–2025), Nikulina, who is also a veteran journalist of Russia’s Sputnik News, emphasised the vital role of mainstream journalism in defending the truth and maintaining public trust.
At the groundbreaking ceremony of LEGO Group's 1.3 billion USD project in Binh Duong provice. (Photo: VNA) 
