Companies from the Czech Republic which are interested in the Vietnamese market were updated with information about Vietnam’s socio-economic development.
Prague (VNA) – Companies from the CzechRepublic which are interested in the Vietnamese market were updated withinformation about Vietnam’s socio-economic development as well as trade andinvestment links between the two countries at a workshop in Prague on November23.
Commercial Counsellor Tran Hiep Thuong said the workshopaims to clear up Czech businesses’ concern about risks when investing inVietnam.
He introduced Vietnam’s preferential policies andcooperation agreements between Vietnam and the Czech Republic as well as theEU.
Thuong told the Vietnam News Agency that Vietnam and theCzech Republic hold substantial potential for economic cooperation, with bilateraltrade estimated at 1 billion USD.
However, investment collaboration remains modest, he said,citing 35 projects worth about 100 million USD run by Czech firms in Vietnamand Vietnamese businesses’ four projects valued at some 5 million USD in theEuropean country.
The official explained that Czech businesses lackinformation about Vietnam’s business climate and investment attractionpolicies.
The Vietnamese Embassy will conduct practical activities tohelp Czech investors access the Vietnamese market, he said.
Ivo Gajdos, Executive Director of the Czech ManagementAssociation, said the Czech Republic is among Vietnam’s strategic exportmarkets for 2010-2020.
The Czech Republic has also considered Vietnam one of its 12promising markets, he said, stressing that his country backs the signing of theVietnam-EU Free Trade Agreement.
With dynamic development, a population of more than 90million and open investment policies, Vietnam deserves receiving attention fromCzech businesses, he said./.
The Czech Republic has expressed the wish to enhance the traditional cooperation with Vietnam in the field of labour, especially to bring Vietnamese nurses and doctors to work in Czech.
The total donation of Vietnamese in the Czech Republic to flood victims in the central region has exceeded 2 billion VND (90,000 USD) and is increasing day by day.
The Vietnam Embassy in the Czech Republic on November 19 awarded 55 Vietnamese students who have recorded outstanding achievements during the 2015-2016 academic year.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
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&.
At the workshop (Source: VNA) 
