Vietnam, Israel boost business, investment partnership
Nearly 30 Israeli enterprises came together at a roundtable conference in Tel Aviv on June 29 to explore business and investment opportunities in Vietnam.
The roundtable conference takes place in Tel Aviv on June 29 (Photo: VNA)
Tel Aviv (VNA) - Nearly 30 Israeli enterprises came together at a roundtable conferencein Tel Aviv on June 29 to explore business and investment opportunities in Vietnam.
They are active infields such as farm produce processing, aquaculture, dairy, telecoms, medicalequipment, water treatment, and high technology in security and agriculture.
Vietnamese Ambassadorto Israel Do Minh Hung told participants that Vietnam has successfully curbedthe COVID-19 pandemic and is implementing a number of policies to boosteconomic recovery, draw foreign investment, and welcome a shift of productioninvestment to Vietnam post-pandemic.
With a large marketand active engagement in bilateral and multilateral free trade agreements(FTAs), Vietnam holds a great deal of potential, he said, adding thatcooperation between Vietnam and Israel is developing well and the two sides areactively negotiating an FTA.
The ambassador welcomedIsraeli companies to explore cooperation opportunities with Vietnamesepartners.
Two-way trade between Vietnamand Israel surpassed 1.15 billion USD in 2019, with Vietnam’s exports to Israelworth 774 million USD .
Israel is the third-largestexport market of Vietnam in the Middle East.
In the first fivemonths of 2020, Vietnam exported 274 million USD worth of goods to Israel andimported 375 million USD worth of goods.
Israel has had 31investment projects worth 78.99 million USD in Vietnam, ranking it 50th out of 135 countries and territories./.
Israeli Ambassador to Vietnam Nadav Eshcar highly appreciated Vietnam’s achievements in the fight against COVID-19 during an interview granted to the Vietnam News Agency on April 22.
The Embassy of Israel in Vietnam donated one tonne of rice on April 24 to the first “rice ATM” set up in Hanoi’s Cau Giay district to support people affected by COVID-19.
Drip irrigation, an effective Israeli technique that significantly reduces water use, could be applied in Vietnam and address drought and saline intrusion, an Israeli agriculture expert said on a webinar on June 25.
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.
The roundtable conference takes place in Tel Aviv on June 29 (Photo: VNA) 
