Vietnamese Minister of Industry and Trade Vu Huy Hoang (Source :VNA)
Hanoi (VNA) – Vietnam and Mexico have agreed t🌟o set ෴up a joint committee on economic, trade, and investment cooperation.
The agreement to this effect was inked by Vietnam Minister of Industry and Trade Vu Huy Hoang and Mexican Secretary of Economy IIdefonso Guajardo Villarreal in Auckland, New Zealand on February 4 on the sidelines of the signing ceremony for the Trans-Pacific Partnership (TPP) agreement.
The committee will be co-chaired by the two ministers and is expected to co-ordinate the two countries’ cooperational activities in the fields.
After 40 years since the establishment of diplomatic ties, the two countries’ economic, trade and investment cooperation has developed remarkably well but it is still below its full potential.
The formation of the joint committee aims to take full advantage of the opportunities presented by TPP, to which the two countries are signatory states.
Vietnam and Mexico established diplomatic relations on May 19, 1975 and since then the politic-diplomatic relationship between the two countries has developed both bilaterally and through multilateral forums.
The economic-trade cooperation between the two countries has seen strong strides and Mexico was Vietnam’s second large trade partner in South America, behind only Brazil. Meanwhile, Vietnam was Mexico’s 12th largest trade partner in the Asian-Pacific region.-VNA
There is enormous cooperation potential between the Communist Party of Vietnam (CPV) and the Mexican Institutional Revolutionary Party (PRI) which could propel the two countries’ collaborative ties forward.
Minister of Culture, Sports and Tourism Hoang Tuan Anh met several Mexican senior officials to boost culture and tourism cooperation during his visit to the Central American country.
A seminar on the Vietnam-Mexico bilateral relationship was recently held in Mexico’s capital, Mexico City, drawing the participation of a number of international officials, experts and students.
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.
Vietnamese Minister of Industry and Trade Vu Huy Hoang (Source :VNA)
