Vietnam and Belgium have agreed to foster links between their business communities towards greater affiliation, including in the form of public-private partnership (PPP) .
Vietnam and Belgium have agreed to foster links between their business communities towards greater affiliation, including in the form of public-private partnership (PPP) at their recent annual political consultation at deputy foreign ministerial level in Brussels, Belgium.
The links will be geared towards areas of Belgium’s strength and which Vietnam needs to develop, such as logistics-sea port, science-technology, green growth, satellite, environment, health care, education and tourism, Deputy Foreign Minister Bui Thanh Son and Secretary General at the Federal Public Service Foreign Affairs of Belgium Dirk Achten said at their consultation in early November.
The Belgian side said they wish to further strengthen multi-faceted ties with Vietnam which is playing an increasingly important role and position in the Southeast Asia and ASEAN.
Both sides pledged to facilitate the exchange of visits, especially those at high level, and work closely together at the United Nations, the Asia-Europe Meeting, the ASEAN – European Union (EU) and the Vietnam – EU frameworks.
The Vietnamese side thanked Belgium for backing its bid for a seat at the United Nations Economic and Social Council (ECOSOC). The European country, in response, affirmed its support of stronger ties between Vietnam and the EU as well as the early signing of the Vietnam – EU free trade agreement.
They believed that the third meeting of the Vietnam – Belgium Joint Committee on Economic Cooperation slated for November 23 in Brussels would devise practical measures to further boost investment between the two nations.
On regional and global issues of shared concern, the Belgium side expressed its approval of Vietnam’s stance on settling disputes in the East Sea by peaceful means, refraining from the use of or threat to use force, and oberving international law, particularly the 1982 United Nations Convention on the Law of the Sea, in order to ensure security, safety and freedom of navigation and aviation in the region.
Deputy Foreign Minister Bui Thanh Son visited Belgium for the annual political consultation on November 3 and 4.
Two-way trade between Vietnam and Belgium hit 2.3 billion USD last year, up 27.7 percent from 2013. As of August 2015, the figure was 1.5 billion USD, including 1.16 billion USD worth of Vietnam’s exports.
Also by the end of August, Belgium invested in 57 projects worth 420 million USD in Vietnam, notably the Dinh Vu – Cat Hai industrial park.-VNA
The Vietnamese and Belgian legislative bodies will maintain delegation exchange and experience sharing, and work together to inspect the implementation of agreements reached by the two Governments.
Prime Minister Nguyen Tan Dung has suggested Vietnam and Belgium develop new cooperation programmes to actualise efficiently reached cooperation agreements.
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.
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.
Deputy Foreign Minister Bui Thanh Son 
