President Tran Dai Quang takes photo with businesspeople (Photo: VNA)
Hanoi (VNA) – Togetherwith producing high-quality and competitive products, businesses should activelyengage in the global supply chains, maintaining growth in both revenue andprofit, and securing their firm foothold at home and abroad.
President Tran Dai Quang made thesuggestion while receiving a delegation of businesses winning the nationalbrand awards 2016 in Hanoi on November 30.
He spoke highly of national brand winners’efforts to gradually improve their products’ prestige and trademarks, sayingthat they have increasingly confirmed their pioneering role in production andbusiness, making significant contributions to the country’s socio-economicdevelopment.
According to the State leader, theextensive and intensive international integration and engagement innew-generation free trade agreements have opened up a new development horizon forVietnam’s economy. However, it also poses a lot of difficulties and challenges forthe country.
He called on businesses to pushahead with manufacturing activities and closely pursue values that the NationalBrand programme is targeting, while ensuring the quality of products viaadvanced production system and healthy financial capacity.
The President suggested promotinginnovation, applying state-of-the-art science and technology to increaseproductivity and competitive edge as well as embracing connectivity and formingdomestic and regional production value chains.
He asked the National Brand Council,the Ministry of Industry and Trade, and relevant ministries and sectors toproactively remove difficulties for businesses, reform administrativeprocedures, and create a favourable business environment.-VNA
Developing a national brand is essential and urgent, especially in the context that Vietnam is integrating actively into the world, said Deputy Minister of Industry and Trade Do Thang Hai.
A forum on the promotion of national brands via local products was held in Hanoi on July 13 with the goal of encouraging businesses to participate in the national brand programme.
Up to 88 businesses will be presented with the “Vietnam Value Award 2016” in recognition of their national strong brand names on November 30, officials have announced.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
President Tran Dai Quang takes photo with businesspeople (Photo: VNA) 
