The fifth meeting of a joint committee on economic cooperation between the Vietnamese Ministry of Industry and Trade (MoIT) and the Italian Ministry of Economic Development took place in Rome on December 4.
Rome (VNA) – Thefifth meeting of a joint committee on economic cooperation between theVietnamese Ministry of Industry and Trade (MoIT) and the Italian Ministry ofEconomic Development took place in Rome on December 4.
The annual event wasco-hosted by Vietnamese Deputy Minister of Industry and Trade Hoang Quoc Vuongand Italian Under-Secretary of State for Economic Development Michele Geraci.
The two sides agreed that whileVietnam-Italy economic and trade ties have progressed well in recent years, theystill fall short of their potential.
In the first 10 months of2018, Italy – with 90 valid projects worth over 388 million USD – was ranked 31stamong the 129 countries and territories investing in Vietnam. Italian investorsinjected their capital into 12 out of the 21 sectors that receive foreign fundsin Vietnam.
The sides raised measures forimproved cooperation in several spheres, including footwear, garment-textile,renewable energy-electricity, farming produce-food processing,science-technology, and tourism.
The meeting was rounded offwith the signing of its minutes. Both sides agreed to hold the sixth meeting inVietnam next year.
As part the meeting, on themorning of the same day, the MoIT delegation and the Italian centre for agro-fisheryproduct distribution (CAR) held an agricultural cooperation conference. It wasan occasion for participating Vietnamese businesses to learn about Italiandistribution systems for agro-fishery products, as well as the standards setfor goods to be imported to Italy and the EU. They also gained experience fromItaly’s development and management of wholesale markets.
The conference saw the CARand Vietnam’s Proton company sign a memorandum of understanding on future cooperation.–VNA
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.
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.
At the event (Source: VNA) 
