Quang Ngai (VNA) – Twenty businesses from Ulsan city, the Republic of Korea, arrived in central Quang Ngai province o𒉰n November 17 to explore investment opportunities.
They visited the Dung Quat Economic Zone Management Board and were briefed of local incentives and sectors calling for investment by Tran Ngoc Cang, Chairman of the Quang Ngai provincial People’s Committee.
Quang Ngai is offering preferential treatments regarding land lease, and assistance to infrastructure cost of projects on rural farming, education, healthcare, culture and sports and the environment.
It has also pledged financial assistance to labor training; and support for trade and investment promotion, marketing and administrative procedures for investors.
Visiting Korean businesses sought information on land rent, high-technology development policies, and opportunities for partnerships in education, vocational training, and support industries.
They also heard views from the Korean businesses currently operating in Vietnam.
The RoK has become one of the biggest investors of Vietnam with a total investment of ov🍌er 49 billion USD, according to RoK Ambassador to Vietnam Lee Hyuk in an interview with reporters from the Cong Thuong (Industry & Trade) newspapeꦍr.-VNA
Vietnam’s Small- and Medium-sized Enterprise Development Fund will join hands with the Korea Small and Medium Business Corporation to promote the development of SMEs and help them to seek partners
The target of 70 billion USD in two-way trade is achievable if Vietnam and the Republic of Korea (RoK) optimise the bilateral free trade agreement (FTA).
Officials of the Hanoi Department of Tourism met on November 11 with businesspeople and journalists from the Republic of Korea to discuss ways to boost tourism cooperation between the two country.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
Illustrative photo (Photo: VNA)
