Vietnamese, British firms shake hands in developing Binh Duong smart city
Vietnam's Becamex IDC signed a cooperation programme with The Connected Places Catapult (CPC) of the UK on developing the Binh Duong smart city, the Innovation Region and the Science-Technology Industrial Park in the southern province of Binh Duong during an online ceremony on November 2.
Binh Duong (VNA) – Vietnam's Becamex IDC signed a cooperation programme with The Connected Places Catapult (CPC) of the UK on developing the Binh Duong smart city, the Innovation Region and the Science-Technology Industrial Park in the southern province of Binh Duong during an online ceremony on November 1 (Vietnam time).
The event saw the attendance of Vietnamese Minister of Information and Communications Nguyen Manh Hung, Secretary of the Party Committee of Binh Duong Nguyen Van Loi, and Chairman of the provincial People’s Committee Vo Van Minh, and British Consul General in Ho Chi Minh City Emily Hamblin, among others.
Standing Vice Chairman of the People’s Committee of Binh Duong Mai Hung Dung said that the province welcomes the cooperation between the two firms, considering it an ideal chance for the southern industrial hub to foster connections with UK technology and innovation businesses, thus making full use of UK technologies in boosting the development of Binh Duong in the new period.
At the signing ceremony (Photo: VNA)
Objectives of cooperation between the two sides include forming a complete model of investment attraction with core values. It comprises the establishment of a science-technology centre with the coordination among local government, businesses and research institutions; the promotion of industrial sectors with high science-technology content and high added value; and the development of renovation programmes and the attraction of high-quality foreign direct investment to Binh Duong.
Addressing the ceremony, Minister of Information and Communications Nguyen Manh Hung underlined that Vietnam is a promising market for UK firms.
He held that the CPC’s collaboration with the Vietnamese partner will pave the way for Vietnam and Binh Duong in particular to draw more British investors./.
Prime Minister Pham Minh Chinh hosted leaders of ten foreign corporations and leading British universities in Edinburg, Scotland, on October 31 (local time), as part of his visit to the UK for the 26th United Nations Climate Change Conference (COP26).
Prime Minister Pham Minh Chinh attended and witnessed a ceremony to sign 26 cooperation agreements between ministries, sectors and businesses of Vietnam and the United Kingdom on October 31 (London time).
The Plan of Action on tertiary education between the Vietnamese Ministry of Education and Training and Wales authorities in Edinburgh city, Scotland was exchanged on October 31.
Vietnamese Minister of Information and Communications Nguyen Manh Hung and the UK’s Parliamentary Under Secretary of State at the Department for Digital, Culture, Media and Sport Chris Philp signed a Letter of Intent on cooperation in digital economy and digital transformation on November 1 (London time).
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
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.
A bird view of Binh Duong (Photo: VNA) 
At the signing ceremony (Photo: VNA) 
