Binh Phuoc (VNA)🅠 - Constructionof Vietnam's first factory producingmercury-free zinc-manganese battery began on November 29 in the southern province of Binh Phuoc.
Covering more than 30ha in Becamex-BinhPhuoc Industrial Park, the factory has total investmentcapital of 15 million USD. Financed by Singapore-invested GPPD Limited Company,the factory is designed to provide 936 million products annually with 336million in the first phase and 600 million in the second phase. The first stage of the factory is slated forcompletion in June, 2020. The province has to date this year lured 38foreign-invested projects, capitalised at 350 million USD,70 percent higher than the yearly target. The latest addition brings the number offoreign-invested projects in the province total up to 230, valued at 2.4billion USD. Of the total, 24 projects were invested in Becamex -Binh Phuoc Industrial Parkwith total registered capital of more than 410 million USD./.
VinFast Trading & Production Ltd. and LG Chem Ltd., a subsidiary of LG Corporation of the Republic of Korea (RoK), on September 7 signed a memorandum of understanding (MoU) on the production of batteries that meet international standards and environmentally friendly criteria.
TTi Group has proposed developing a solar battery manufacturing plant, expected to cost 150 million USD, at Sai Gon Hi-tech Park (SHTP) in Ho Chi Minh City.
The Indonesian Government is calling on enterprises of the Republic of Korea (RoK) to invest in the battery industry for electronic vehicles in the country, just weeks after Jakarta announced a ban on the export of nickel ore to develop its domestic processing industry.
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.
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&.
At the groundbreaking ceremony (Photo: VNA) 
