Deputy PM pledges support to Russian oil companies
Deputy Prime Minister Trinh Dinh Dung has pledged all possible support to investors working in oil and gas, including Zarubezhneft and other Russian companies.
At the Vietnamese Entrepreneurs’ Forum in Russia themed “Prospect of Vietnam-Russia Cooperation in the context of Vietnam-Eurasian Free Trade Agreement". (Photo: VNA)
Moscow (VNA) – Deputy Prime Minister Tri𝔍nh Dinh Dung has pledged all possible support to investors working in oil and gas, including Zarubezhneft and other Russian companies.
During a working session in Moscow on September 19 with Zarubezhneft – one of Russia’s largest oil companies and a long-standing strategic partner of the Vietnam National Oil and Gas (PetroVietnam), Dung hailed expansive cooperation between Zarubezhneft and PetroVietnam over the past years, evidenced by the good performance of the Vietsovpetro and Rusvietpetro joint ventures.
He welcomed the signing of an inter-governmental agreement on continued cooperation within the Rusvietpetro framework, and a protocol on supplementing an inter-governmental agreement on continuing collaboration within the Vietsovpetro framework.
On September 18, Dung delivered a speech to the Vietnamese Entrepreneurs’ Forum in Russia themed “Prospect of Vietnam-Russia Cooperation in the context of Vietnam-Eurasian Free Trade Agreement”, saying that the reduction of half of tariffs to zero percent and trade facilitation terms would open up chances for Vietnam and member states to promote trade, investment and services.
A key message that the Deputy PM sent to the Vietnamese community abroad and in Russia in particular is forming close partnerships with partners at home to generate a collective power, which he said, is a key to tapping to the fullest free trade agreements signed by Vietnam.
The government will be responsible for clearing hindrances along the way, he pledged.
On September 17, the Deputy PM laid a floral tribute at Ho Chi Minh memorial at a square named after him in Moscow.-VNA
Dang Hoang Hai, Head of the Ministry of Industry and Trade’s European Market Department talked about opportunities and challenges the EAEU FTA would bring to Vietnam's seafood.
Officials of Hanoi and Moscow are calling on enterprises from the two cities to seize the opportunities expected to be brought by upcoming enforcement of the free trade agreement.
A business forum was held in Moscow on September 18 to promote cooperation between Vietnam and Russia when the Vietnam – Eurasian Economic Union free trade agreement comes into effect on October.
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&.
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.
At the Vietnamese Entrepreneurs’ Forum in Russia themed “Prospect of Vietnam-Russia Cooperation in the context of Vietnam-Eurasian Free Trade Agreement". (Photo: VNA)
