Vietnam Chamber of Commerce and Industry has new Chairman
Pham Tan Cong was elected as Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) for the term 2021-2026 at the 14th meeting of the Executive Committee of the VCCI on September 8, replacing Vu Tien Loc.
Pham Tan Cong is elected as Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) (Photo:VNA)
Hanoi (VNA) - Pham Tan Cong was elected as Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) for the term 2021-2026 at the 14th meeting of the Executive Committee of the VCCI on September 8, replacing Vu Tien Loc.
Speaking at the meeting, Cong pledged to do his utmost to build a strong VCCI, protect legitimate rights and interests of, and promote the development of the Vietnamese business community, thus contributing to the nation’s development.
Apart from long-term goals and regular tasks, VCCI is also performing well urgent tasks, including accompanying businesses to respond to difficulties caused by the COVID-19 pandemic, he stressed.
Cong said the business community has contributed remarkable resources to the fight against COVID-19 in recent times.
𒊎 According to Cong, impacts of the pandemic on the business community is immense, which threatens to negatively affect the nation’s economy and position in the global production chain. Therefore, supporting and accompanying the business community to overcome difficulties amid the pandemic is now an urgent task that the VCCI will carry out with utmost efforts./.
The Vietnam Chamber of Commerce and Industry (VCCI) has proposed an inter-ministerial working group be founded to tackle the container shortages and stabilise logistics fees which have skyrocketed recently.
Businesses have expressed their hope that customs agencies and relevant ministries and sectors will further simplify administrative procedures, which, they suggested, should be completely handled online, according to a survey.
Joining in new-generation agreements like the European Union-Vietnam Free Trade Agreements (EVFTA) and the Comprehensive and Progress Agreement for Trans-Pacific Partnership (CPTPP) has brought great economic benefits to Vietnam, according to the Ministry of Industry and Trade (MoIT).
Director of the Vietnam Chamber of Commerce and Industry (VCCI)'s Branch in the Mekong Delta city of Can Tho Nguyen Phuong Lam and Netherlands Ambassador Elsbeth Akkerman have signed an Action Programme of the Vietnam-Netherlands Business Platform for the Mekong River Delta.
Solar experts have raised difficulties and problems in policies and procedures for investment, installation and operation of solar power systems in Vietnam at a seminar.
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.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
Pham Tan Cong is elected as Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) (Photo:VNA) 
