Central economic commission head attends Eastern Economic Forum
Head of the Party Central Committee’s Economic Commission Nguyen Van Binh joined top officials from 60 countries worldwide at the third Eastern Economic Forum (EEF) which opened in Vladivostok city on the Far East of Russia on September 6.
Head of the Party Central Committee’s Economic Commission Nguyen Van Binh delivers a speech at the Eastern Economic Forum in Vladivostok city on the Far East of Russia. (Photo: VNA)
Moscow (VNA) - Head of the Party Central Committee’s EconomicCommission Nguyen Van Binh joined top officials from 60 countries worldwide atthe third Eastern Economic Forum (EEF) which opened in Vladivostok city on theFar East of Russia on September 6.
Nearly 5,000 top public officials, representatives of respected organisationsand leaders of large Russian and foreign companies get together at the eventthemed “The Russian Far East: Creating a New Reality”.
In his speech at the forum, Binh lauded the Far East region’s positive changesin recent years.
Vladivostok will become a new economic centre connecting Russia and othereconomies in Asia-Pacific thanks to its abundant natural resources and Russia’sstrategic policies to develop infrastructure, technology, finance, humanresources and other mechanisms to branch out economic special zones, Binhhighlighted.
Meanwhile, Deputy Prime Minister and Presidential Envoy to the Far East FederalDistrict Yuri Trutnev said that Far East has created favourable conditions forthe investors like reducing electricity costs and granting electronic singleentry visas for citizens of 18 countries when entering Russia through checkpointsat the Free Port of Vladivostok.
Russia is willing to cooperate with partners and ensure a good environment forthe investors in healthcare, education, sports and culture, he added.
After the opening ceremony, the Vietnamese official and the Russian DeputyPrime Minister witnessed the signing of a cooperation deal between Vietnamesedairy firm TH True Milk and Russian Far East development group.
The EEF was firstly held in 2015 to promote economic development in the FarEast and enlarge international collaboration in Asia-Pacific. The second forumin 2016 recorded over 200 agreements valued at around 35 billion USD.
President Vladimir Putin is expected to deliver a speech at the plenary sessionon September 7.-VNA
The second Eastern Economic Forum opened in the Russian city of Vladivostok on September 2, attracting nearly 2,500 delegates from Australia, China, India, Japan, the Republic of Korea, Singapore.
A high-level Russian delegation led by Deputy Prime Minister Yuri Petrovich Trutnev visited Vietnam to seek more economic cooperation with Vietnam on March 14-15.
The Russian Academy of Sciences (RAS)’ Far East Division held a press conference and a roundtable discussion on Vietnam-Russia relations in Moscow on June 26.
Head of the Party Central Committee’s Economic Commission Nguyen Van Binh held working sessions with Russian Deputy Prime Minister Yury Trutnev in the Russian city of Vladivostok on September 5.
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.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
Head of the Party Central Committee’s Economic Commission Nguyen Van Binh delivers a speech at the Eastern Economic Forum in Vladivostok city on the Far East of Russia. (Photo: VNA) 
