Liechtenstein vows to encourage businesses to invest in Vietnam
Liechtenstein wishes to promote cooperation with the Asia-Pacific region, especially Vietnam, which is a destination for many foreign businesses and investors, to promote the potential and strengths of each country, Hereditary Prince Alois of the Principality of Liechtenstein told Vietnamese Ambassador Phung The Long.
Hereditary Prince Alois of the Principality of Liechtenstein and Vietnamese Ambassador Phung The Long (R) (Photo: VNA)
Hanoi (VNA) - Liechtenstein wishes to promote cooperation with the Asia-Pacific region, especially Vietnam, which is a destination for many foreign businesses and investors, to promote the potential and strengths of each country, Hereditary Prince Alois of the Principality of Liechtenstein told Vietnamese Ambassador Phung The Long.
In a September 15 meeting with the Vietnamese diplomat, who presented a letter of credentials to him, Prince Alois said the Liechtenstein government will encourage its businesses to actively seek investment cooperation opportunities in Vietnam, he stated.
He spoke highly of Vietnam’s success in preventing and controlling the COVID-19 pandemic, as well as in post-pandemic economic recovery.
For his part, Long, Ambassador to Switzerland and Liechtenstein respectfully conveyed the regards of the Vietnamese Party and State leaders to Prince Hans-Adam II and Hereditary Prince Alois, and expressed his wish to welcome the Princes in Vietnam at an appropriate time.
He promised to make every effort to further promote the relations between Vietnam and Liechtenstein, both bilaterally and multilaterally, including enhancing the exchange of delegations at all levels and creating favourable conditions for businesses to explore each other's markets and promote trade-investment bond between the two sides.
On the occasion, the Vietnamese diplomat paid a courtesy visit to Liechtenstein's Minister of Foreign Affairs, Education and Sports Dominique Haster, and worked with leaders of agencies in charge of economic, investment and development cooperation of Liechtenstein to discuss measures to further promote bilateral cooperation in the time to come.
Liechtenstein is one of the four smallest countries in Europe with an area of 160km2 and a population of 39,055 but the third highest GDP in the world.
Vietnam established diplomatic ties with Liechtenstein in 2008./.
The Hereditary Prince Alois of the Principality of Liechtenstein wishes to bolster bilateral relations with Vietnam and urges the signing of a FTA between Vietnam and the European Economic Area (EEA).
Hereditary Prince of Liechtenstein Alois hailed Vietnam’s increasing role in the international area at his reception for Ambassador of Vietnam to Switzerland and Liechtenstein Le Linh Lan on June 27.
Vietnam’s state budget revenue from import-export activities reached over 261.37 trillion (9.97 billion USD) in the first seven months of 2025, equivalent to 63.6% of the annual estimate and 55.6% of the targeted goal, marking a 9.1% increase year-on-year, the Department of Customs reported.
Experts warned that excessive capital concentration in high-risk sectors like real estate and securities, risks of imbalances and non-performing loans could increase.
Demand for durians in the Chinese market is surging, prompting growing interest among importers in seeking supply from Vietnam. With its geographical proximity, short transport time and distinctive flavour, Vietnamese durian is highly regarded for both quality and long-term growth potential.
EVN leaders said CMIS has advanced to version 4.0 over the past two decades, fully digitising operations and customer services while handling data for over 32 million clients and processing hundreds of millions of transactions each year.
With a combined market of over 370 million consumers, Vietnam and Indonesia leverage agricultural strengths: Vietnam leads in rice exports, while Indonesia dominates palm oil and coffee and is advancing toward rice self-sufficiency. Key cooperation opportunities span sustainable fisheries, hi-tech farming, agricultural science innovation, integrated value chains, and market access.
In the first seven months of this year, retail sales of goods were estimated at approximately 3.05 quadrillion VND, accounting for 76.4% of the total revenue and rising by 7.8% compared to the same period last year.
Under the agreement, customers will enjoy tailored financing solutions, including attractive interest rates, flexible repayment options, 100% on-road funding, exclusive offers and priority services - applicable across VinFast’s entire product portfolio. Dedicated HDFC Bank representatives will be available at all VinFast showrooms to provide on-site support, making EV ownership more accessible and convenient for a wider range of Indian consumers.
Foreign direct investment (FDI) inflows into Ho Chi Minh City rebounded strongly in the first seven months of 2025, reaching nearly 6.2 billion USD, up 45.67% year-on-year after a slowdown last year.
To meet the ambitious annual target of 47–48 billion USD, the sector must now achieve monthly exports of over 4 billion USD during the remaining months of the year.
The Airbus A321NX is the first in a fleet of eight modern aircraft scheduled for delivery and operation throughout 2025, marking the beginning of Sun PhuQuoc Airways’ carefully planned investment strategy to build a modern fleet operating with safety, stability, and world-class standards.
Experts say that after over a decade of implementation, the credit growth quota policy is currently inappropriate and is criticised for creating an “ask and give mechanism”, hindering people and businesses from accessing bank loans.
The country's industrial growth in the period was largely fuelled by the manufacturing and processing sector, which expanded by 10.3% and contributed 8.5 percentage points to the overall IIP.
VietnamUSA.Arobid.com is Vietnam’s first B2B e-commerce platform dedicated to helping Vietnamese enterprises access the US market, a vast and promising market, yet one that is highly demanding in terms of standards, tariffs, and distribution channels.
The Vietnamese booth featured fresh durian, durian ice cream, durian cakes, and other fruits such as dragon fruit and passion fruit, attracting strong interest from Beijing residents and ASEAN diplomats.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
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.
Hereditary Prince Alois of the Principality of Liechtenstein and Vietnamese Ambassador Phung The Long (R) (Photo: VNA) 
