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<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2025/3/4/danang-1741059692076345677570.jpg" alt="Emirates to open four air routes to Da Nang from June 2- Ảnh 1."></figure>According to the announcement of the airline, Emirates' four weekly services to Da Nang via Bangkok make it the airline's third gateway into Viet Nam, after Ha Noi and Ho Chi Minh City.Flights to Da Nang will operate with the Emirates Boeing 777 on Mondays, Wednesdays, Fridays and Sundays.The carefully timed flight schedule of the new linked service will provide travelers with convenient, optimized connections, and streamlined access to major European cities including London, Paris, Amsterdam, Manchester, Milan, and Rome, as well as major U.S. cities.Emirates flight EK370 will depart from Dubai at 9.00 (Dubai time) and arrives in Bangkok at 18.25 (local time). The flight will then depart from Bangkok at 20.10 (local time) and arrives in Da Nang at 21.50 (local time).The return flight EK371 will depart from Da Nang at 23.30 and arrives in Bangkok at 1.10 the next day. The flight will then take off at 3.40, arriving in Dubai at 6.50. All times are local.Lodging facilities in the central coastal city of Da Nang are set to serve 11.9 million tourists, including 4.8 million foreigners, in 2025, annual increases of 10 percent and 17 percent, respectively.As a popular tourist destination in central Viet Nam, the city plans to maintain its signature events in 2025 such as the Da Nang International Fireworks Festival, Da Nang Asian Film Festival, a food tour, a New Year celebration, and a beach tourism program.The 16th fireworks festival, scheduled to run from May 31-July 12, will light up the sky in six nights and feature 10 teams for the first time.Last year, Da Nang welcomed approximately 10.9 million visitors.The central economic hub has a total of 90 kilometers of coastline and dozens of beaches, including stunning My Khe. Meanwhile, the city's Ngu Hanh Son (Marble Mountain) district is renowned as a center for stone sculpture art, with Non Nuoc craft village standing at the foot of the Marble Mountain./.

Emirates, the world’s largest international airline, is set to further strengthen its presence across Asia with the launch of four weekly services to the central city of Da Nang from June 2.

Emirates to open four air routes to Da Nang from June 2

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://ven.congthuong.vn/stores/news_dataimages/2025/032025/06/17/dt-120250306173711.jpg?rt=20250306173712" alt="Illustrative image (Photo: Internet)"></figure></td></tr><tr><td>Illustrative image (Photo: Internet)</td></tr></tbody></table></figure>Chairing the Government’s February meeting, PM Chinh stressed the importance of expediting fund distribution to accelerate projects' progress, Minister-Chairman of the Government Office Tran Van Son said at a press conference on March 5.Son noted that Vietnam’s socio-economic situation in the first two months of 2025 has been highly positive, with macroeconomic stability maintained, inflation under control, and key economic balances ensured.The consumer price Index (CPI) in the period increased by 3.27% compared to the same period in 2024. State budget revenue reached 25.4% of the annual estimate, up 25.7%. The export-import turnover grew by 12%, with a trade surplus of 1.47 billion USD. Foreign direct investment (FDI) reached over 6.9 billion USD, a rise of 35.5%, while FDI disbursement hit nearly 3 billion USD, up 5.4%.Industrial production has seen strong growth, with the index of industrial production (IIP) up 16.7% in February and 7% in the two-month period.<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://ven.congthuong.vn/stores/news_dataimages/2025/032025/06/17/dt-220250306173752.jpg?rt=20250306173753" alt="Minister-Chairman of the Government Office Tran Van Son speaks at the press conference. (Photo:VNA)"></figure></td></tr><tr><td>Minister-Chairman of the Government Office Tran Van Son speaks at the press conference. (Photo:VNA)</td></tr></tbody></table></figure>Disbursement of public investment capital amounted to 60.4 trillion VND, equivalent to the same period in 2024, reaching 7.32% of the planned allocation.Additionally, Vietnam successfully hosted the ASEAN Future Forum 2025 and other high-level diplomatic events, further enhancing its international standing. Many global institutions remain optimistic about Vietnam’s economic outlook for 2025.Challenges &amp; key prioritiesDespite these achievements, the PM and Government members also acknowledged various challenges and shortcomings, including complicated and unpredictable international developments that have continued to impact Vietnam’s economy. Institutional and legal bottlenecks are still a major obstacle to economic growth. Accessing capital and mobilising resources and accessing credit remains challenging, along with slow domestic demand recovery.The Government leader outlined major tasks and urgent priorities, emphasising the goal of achieving a GDP growth rate of at least 8% in 2025.He underscored the importance of the implementation of an active, flexible, timely, and effective monetary policy in harmony with an appropriate expansionary fiscal policy.Public investment should be accelerated along with fine-tuning government bond issuance plans to secure additional capital for national key projects. Efforts should be made to increase revenue, cut down expenses and reduce taxes, fees and charges, he added.The PM emphasised that it is crucial to ensure there is no shortage of electricity for production, business and consumption.The Government leader also highlighted the need to revitalise traditional growth drivers, foster new ones as well as science-technology innovation and digital transformation.Agencies were urged to expand the "Vietnamese people prioritise using Vietnamese goods" campaign with new approaches; develop visa policies tailored for key international partners, including visa exemptions for global billionaires.Deputy Prime Minister Tran Hong Ha was assigned to hold working sessions with provinces in the Mekong Delta on rice production and exports, infrastructure development, and saline intrusion mitigation.The PM directed localities to continue tackling long-standing issues while accelerating major initiatives such as the construction of 1 million affordable housing units, prioritising people under 35, and eliminating substandard houses.

Prime Minister Pham Minh Chinh has instructed ministries, agencies, and localities to finalise the allocation of the 2025 state investment plan by March 15, warning that unallocated funds will be withdrawn and reassigned to high-priority projects.

PM urges timely allocation of state investment funds

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/344443456812359680/2025/3/5/nguyen-duc-chi-17411644727661807935892-1741167457978628637902.jpg" alt="Viet Nam to pilot digital assets and cryptos at financial centers- Ảnh 1."></figure>Deputy Minister of Finance Nguyen Duc ChiNguyen made the announcement at a Government's press briefing which was held in Ha Noi on March.He said the ministry was tasked to report the Government about a draft resolution on pilot digital asset and cryptocurrency trading this month.&nbsp;Viet Nam currently lacks a clear definition of virtual currencies and digital assets. Existing regulations only address the concept of electronic money tied to fiat currencies, such as prepaid bank cards and e-wallets.Data from CoinGecko indicates that the global cryptocurrency market value peaked at nearly US$3.3 trillion on November 14, 2024.The flows of digital assets into Viet Nam in 2023 reached US$120 billion, as reported by market analysis organization Chainalysis.Viet Nam ranks among the top three countries globally in cryptocurrency ownership with 21 percent of Vietnamese population only after the United Arab Emirates and the U.S.&nbsp;&nbsp;Cryptocurrencies are not banned in Viet Nam, but are not yet recognized as assets. The lack of a legal framework for these assets has led many businesses to register in Singapore or the U.S. before operating in Viet Nam, which reduces the country's competitive advantage and results in tax revenue losses.From a user perspective, the lack of transparency in this area increases transaction risks./

A pilot program for fintech activities, including digital asset and cryptocurrency trading at financial centers will be submitted to the Prime Minister this March, said Deputy Minister of Finance Nguyen Duc Chi.

Viet Nam to pilot digital assets and cryptos at financial centers

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2025/2/27/sanbay-17406483179061179224923.jpg" alt="National Aviation Security Center to be set up - Ảnh 1."></figure>The newly-established center will provide aviation security services at airports, airfields, and facilities for processing cargo and postal items for air transport.Starting from March 1, the Ministry of Public Security will officially oversee and implement aviation security nationwide.The provincial police is tasked to supervise and control aviation security at the airport based provinces and cities, namely Quang Ninh (Van Don Airport), Hai Phong (Cat Bi Airport), Hue (Phu Bai Airport), Can Tho (Can Tho Airport), Lam Dong (Lien Khuong Airport), Dak Lak (Buon Ma Thuat Airport), Kien Giang (Rach Gia Airport), Cau Mau (Ca Mau Airport), Ba Ria-Vung Tau (Con Dao Airport), Binh Dinh (Phu Cat Airport), Gia Lai (Pleiku Airport), Phu Yen (Tuy Hoa Airport), Quang Nam (Chu Lai Airport), Quang Binh (Dong Hoi Airport), Dien Bien (Dien Bien Airport), Thanh Hoa (Tho Xuan Airport) and Nghe An (Vinh Airport).The Civil Aviation Authority of Viet Nam estimated that the aviation market handled 78.3 million passengers and 1.21 million tons of cargo in 2024, reflecting year-on-year growth of 7.7 percent and 13.4 percent, respectively./.

A National Aviation Security Center will be set up under the Ministry of Public Security's Immigration Department.

National Aviation Security Center to be set up

Market share increasesThe Agency of Foreign Trade under the Ministry of Industry and Trade said that according to statistics from China Customs, in 2024, China imported 190.9 thousand tonnes of coffee around the world, worth 972.6 million USD, up 24.0% in volume and 21.5% in value compared to 2023.In 2024, China’s average coffee import price reached 5,095 USD/tonne, down 2.1% compared to 2023, of which the average prices of coffee imports from Colombia and Ethiopia decreased; on the contrary, those from Vietnam increased sharply by 62.7% compared to 2023, reaching 4,176 USD/tonne. Last year, China imported coffee from 58 countries and territories around the world. Of those, the main coffee suppliers for the Chinese market included Brazil, Colombia, Vietnam, Ethiopia, and Indonesia. Among them, Brazil was the largest coffee supplier to China in 2024. The coffee imports hit 75.6 thousand tonnes, valued at 301.6 million USD, up 26.9% in volume and 36.4% in value compared to 2023.Brazil’s coffee market share in China’s total imports increased from 38.72% in 2023 to 39.62% in 2024.<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://ven.congthuong.vn/stores/news_dataimages/2025/022025/26/17/in_article/xuat-khau-ca-phe20250226174228.png?rt=20250226174549" alt="China increases coffee imports from Vietnam"></figure></td></tr><tr><td>Vietnam is the third largest coffee supplier to China in 2024, with the export volume of 24.1 thousand tonnes, worth 100.6 million USD</td></tr></tbody></table></figure>In 2024, Colombia was the second largest supplier with China’s imports at 38.2 thousand tonnes, worth 189.7 million USD, up 77.1% in volume and 71.3% in value compared to 2023. Colombia’s coffee market share in China’s total imports increased from 14.0% in 2023 to 19.9% ​​in 2024.Vietnam is the third largest supplier to China in 2024, with a volume of 24.1 thousand tonnes, worth 100.6 million USD, up 65.8% in volume and 169.8% in value compared to 2023. Vietnam’s market share in China’s total coffee imports increased from 9.44% in 2023 to 12.62% in 2024.Vietnam’s coffee export prices bounce backAccording to the General Department of Vietnam Customs, Vietnam’s coffee exports in January 2025 reached 134,005 thousand tonnes, worth approximately 729 million USD, up 5% in volume and 6.2% in value compared to December 2024, but down sharply by 43.7% in volume but still up 0.3% in value compared to the same period of 2024.The reason is that Vietnam’s coffee export prices bounced back in January after falling at the end of 2024, averaging 5,440 USD/tonne, up 1.1% compared to December 2024 and up 78.1% compared to the same period last year.Regarding export markets in January 2025, Vietnam’s coffee exports to most traditional and potential markets decreased compared to January 2024. However, exports to some other markets, such as the Netherlands and Malaysia, continued to see growth.Despite this, the export value increased by more than 10%, reaching 2 billion USD. In January, the volume of Vietnam’s coffee exports to major markets decreased compared to the same period last year, except for some markets that maintained high growth rates, such as Malaysia, Mexico, South Africa, Israel, Cambodia, and Laos.The EU continued to be Vietnam’s largest coffee export market in January, with a volume of 66,117 tonnes, worth 355.5 million USD, accounting for 49.3% of the total volume and 48.8% of the value of the country’s total coffee exports, down 24.6% in volume and 35.1% in value compared to the same period last year.Similarly, the amount of coffee exported to other major markets, such as the US and Japan decreased by 30% and 40.8% year on year, but the export revenue still increased by 19.1% and 10.4% respectively. Coffee exports to some other markets also saw sharp declines compared to the same period last year, such as Russia decreasing by 47.5%; Algeria decreasing by 57.1%; China down 41.5%; UK down 18.8%; and the Philippines down 46.1%...On the contrary, some markets sustained export growth compared to January 2024 are the Republic of Korea increasing by 3.1%, Malaysia increasing by 12%, and especially Mexico up 464.5%, and South Africa surging by 5,023%...<figure class="table"><table><tbody><tr><td>In the first 4 months of the 2024-2025 crop season (October 2024 to January 2025), Vietnam’s coffee exports decreased by 39.2% compared to the same period of the previous season, reaching only 370,091 tonnes.</td></tr></tbody></table></figure>Khanh Ly

In 2024, Vietnam is the third largest coffee supplier to China with the export volume of 24.1 thousand tonnes, worth 100.6 million USD, marking a 65.8% increase in volume and 169.8% in value compared to 2023.

China increases coffee imports from Vietnam

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://ven.congthuong.vn/stores/news_dataimages/2025/022025/25/14/tax-land-rent-payment-deadlines-to-be-extended-this-year-7920250225143400.jpg?rt=20250225143401" alt="A taxation office in Ho Chi Minh City (Photo: VNA)"></figure></td></tr><tr><td>A taxation office in Ho Chi Minh City (Photo: VNA)</td></tr></tbody></table></figure>The Ministry of Finance (MoF) is seeking public feedback on a draft decree proposing an extension for the payment deadlines of value-added tax (VAT), corporate income tax, personal income tax and land rents in 2025.The total deferred amount is estimated at nearly 102 trillion VND (over 3.99 billion USD), doanhnhansaigon.vn reported.Under the draft decree, value-added tax (VAT) payments will be deferred for six months for amounts due in February, March, and the first quarter of 2025. Tax payments for April, May, June, and the second quarter of 2025 will be extended by five months. The total deferred VAT payments are estimated at 62 trillion VND, with the final payment deadline set for December 31, 2025.For corporate income tax, the ministry has suggested a five-month extension for provisional tax payments for the first and second quarters of 2025, with the total deferred amount estimated at 36 trillion VND.Business households and individual entrepreneurs will also benefit from an extended deadline for VAT and personal income tax payments for 2025, with the latest due date set for December 31, 2025. The total deferred tax amounts for this group are estimated at 350 billion VND.Regarding land rent, the proposal includes a six-month extension for 50% of the land rent payable in 2025 for enterprises, organisations, households and individual business owners who lease land directly from the State under annual payment agreements. The total deferred land rent is projected at 3.6 trillion VND.Despite positive signs of economic growth in 2024, Vietnam continues to face challenges, including economic stabilisation pressures, constrained credit access, rising bad debt, and slower public investment disbursement compared to the previous year.Several industries, including agriculture, forestry, fisheries, crude oil extraction, iron and steel production, machine tools, tobacco and beverages, are still struggling, with production levels stagnating or declining from 2023. The tourism sector has yet to see a strong recovery, while car production recorded only a modest growth of 2.94%.According to the MoF, this is a policy of extension, not a tax exemption or reduction. As a result, the State budget for 2025 will not be negatively impacted, since businesses and households will still be required to settle all deferred taxes and land rent by December 31./.

According to the MoF, this is an extension policy, not a tax exemption or reduction.

MoF proposes tax and land rent payment extension for 2025

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://ven.congthuong.vn/stores/news_dataimages/2025/022025/20/11/hung-yen20250220114940.jpg?rt=20250220114941" alt="Hung Yen Province's Pho Noi A Industrial Park"></figure></td></tr><tr><td>Hung Yen Province's Pho Noi A Industrial Park</td></tr></tbody></table></figure>Hung Yen borders Hanoi and has an advantageous transport infrastructure with connections to seaports, airports and major urban centres. To leverage these strengths, the province is focusing resources on building industrial park infrastructure to attract investment.Building technical infrastructure for industrial parksAt the Industrial Park No. 3 construction site, workers are rushing to complete the technical infrastructure. Nguyen Cong Hong, General Director of TDH Ecoland, said, “To overcome difficulties, Hung Yen established a steering committee for site clearance of key projects, making this process smoother. Within a short time, all 160 hectares of Industrial Park No. 3 was handed over to the investor.”Immediately after the land was cleared, TDH Ecoland and its partners focused on building technical infrastructure. In less than a year, Industrial Park No. 3 has essentially completed its technical infrastructure and begun operations. With its advantageous location adjacent to the Hanoi-Hai Phong Expressway, and particularly the policy of one-time land rental payments, it has drawn many FDI investment projects.Hung Yen Province occupies a strategic position in the Northern Key Economic Region, bordering Hanoi, with convenient transport infrastructure, including the Hanoi-Hai Phong Expressway, National Highways 5, 38, 39, and Hanoi’s Ring Road 4, connecting to seaports, airports and major northern urban centres. To capitalise on these advantages and create breakthrough economic development, the province has consistently focused on industrial park infrastructure development to attract investment.Vu Quoc Nghi, Head of the Hung Yen Industrial Parks Management Board, shared that to create favourable conditions for industrial park infrastructure construction, since 2021, the Provincial Party Committee Standing Board issued a directive on site clearance for infrastructure projects and a decision on establishing a steering committee for key projects during the 2021-2025 period, led by the Provincial Party Secretary. The province has mobilised the entire political system to persuade residents to agree to hand over land for socio-economic development projects.The steering committee for key projects meets monthly to review site clearance progress and issues directives to promptly resolve difficulties and obstacles. Consequently, between 2021 and 2024, the province cleared nearly 1,300 hectares of land for industrial park infrastructure development, almost triple the total area from 2015 to 2020.Industrial park developers have accelerated construction and invested in comprehensive technical infrastructure. In 2024, approximately 620 hectares of land were developed, nearly double from 2023, which brings the total area of industrial parks with technical infrastructure to about 2,500 hectares, representing 89% of the total area, with approximately 540 hectares remaining available for lease. Many industrial parks have become operational and attracted investment, notably the Thang Long II Industrial Park expansion, Industrial Park No. 3, Industrial Park No. 5, and the Clean Industrial Park.Integrated industrial park infrastructure has facilitated effective investment attraction. In 2024, Hung Yen Province received 86 projects, a 33% increase from 2023, with a total registered capital of 772 million USD and 11.6 trillion VND.The industrial parks have attracted many large high-tech projects. Notable examples include Nitto Vietnam’s 132 million USD project to manufacture LCD polarising films for smartphones and automobiles, Molex Vietnam’s 128 million USD project to produce optical cables and high-speed connection cables, and Arizon Vietnam’s 67.5 million USD project manufacturing RFID labels.Creating momentum for breakthrough growthAccording to the Prime Minister’s decision on industrial park development planning to 2030 with a vision for 2050, Hung Yen Province will have 35 industrial parks with a total area exceeding 12,000 hectares. Currently, the province has 12 industrial parks covering more than 3,123 hectares. Of these, 10 industrial parks (approximately 2,773 hectares) are operational and accepting secondary investment projects.Hung Yen Party Secretary Nguyen Huu Nghia shared that 2024 was a record year for the province’s investment attraction, with 180 projects totalling over 61 trillion VND and more than 1.5 billion USD. To date, the province has 2,371 active projects (1,755 domestic and 616 foreign) with total registered capital exceeding 370 trillion VND and over 8.5 billion USD.This achievement is significantly owed to the industrial parks’ contribution to attracting investment and helping drive high and stable economic growth for the province. In 2024, the province’s economy grew by 7.7% to 159.8 trillion VND and GDP per capita reached 121.3 million VND, up 8.8 million VND compared to 2023.To achieve breakthrough development strategic goals, Nghia stated that the province is determined to pursue a new growth model based on pillars, including the enabling role of government, focusing on promoting strong digital transformation, continuously improving institutions, investment environment, business climate and competitiveness, and strengthening the leading role of public investment.Simultaneously, the province will establish an ecosystem for clean, high-tech industrial development with selective new investment attraction policies that prioritise scale, modern technology, and environmental protection.Hung Yen is also accelerating urbanisation, developing large, smart, ecological urban areas linked with modern trade and services development, improving provincial competitiveness, and creating favourable conditions for businesses and investors to have equal access to information, business opportunities, investment and land.Hung Yen leaders regularly maintain contact and dialogue with businesses to promptly identify and address difficulties and obstacles facing them, strengthen investment and trade promotion activities, promote potential and business opportunities, and build the province’s brand and image domestically and internationally.In the coming period, the province will focus on reviewing and updating land use plans for industrial parks to be developed according to the master plan and adding newly established industrial parks to the list of provincial key projects.Provincial functional agencies have been directed to accelerate compensation, site clearance and land handover to industrial park investors for technical infrastructure construction and project reception.They are also increasing the implementation pace of approved industrial park infrastructure investment projects, striving to have approximately 2,000 hectares of cleared land ready for lease by the end of 2025.The province aims to have 30 industrial parks (9,588 hectares) by 2030 and 35 (over 12,000 hectares) by 2050, transforming Hung Yen into one of Vietnam’s strongest industrially developed provinces.

In 2024, Hung Yen Province attracted a record of nearly 4 billion USD in domestic and foreign investment, significantly contributing to the province’s industrial development efforts. The province aims for economic growth targets of 8% or higher in 2025 and beyond.

Hung Yen develops industrial parks to attract investment

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/344443456812359680/2025/2/18/food-17398654607911343693750.jpg" alt="Viet Nam emerges as fastest-growing food delivery market in Southeast Asia- Ảnh 1."></figure>The above finding was highlighted in Momentum Works' fifth annual "Food Delivery Platforms in Southeast Asia" report.It was estimated that the size of Viet Nam's food delivery market increased to US$1.8 billion in 2024 from US$1.4 billion in 2023.The report noted that the growth is contributed by factors of expanded customer segments, service areas and synergies with other business of the platforms.In Viet Nam, Grab took the lead, holding 48 percent of the market share. ShopeeFood came behind with 47 percent of the market share. Together, the two leading players are holding 96 percent of Viet Nam's food delivery market.The remaining share belongs to BeFood (4 percent) and Gojek (1 percent). However, Gojek officially pulled out of the Vietnamese market in September 2024.The report pointed out that after two years of subdued 5 percent growth, Southeast Asia's food delivery sector rebounded in 2024 with a 13 percent on-year increase, reaching a total GMV of US$19.3 billion./.

Viet Nam was the fastest-growing food delivery market in ASEAN in 2024, with a growth rate of 26 percent

Viet Nam emerges as fastest-growing food delivery market in Southeast Asia

In 2025, Vietnam and Germany will celebrate the 50th anniversary of diplomatic relations, what do you think about this milestone?Vietnam and Germany established diplomatic relations in 1975. The two countries upgraded their relationship to a Strategic Partnership in 2011. We are very glad that the relationship between the two countries is close and has been nurtured. High-ranking German leaders have visited Vietnam in recent years, notably the visits of Chancellor Olaf Scholz in 2022 and German President Frank-Walter Steinmeier in 2024.In 2025, Vietnam and Germany will celebrate the 50th anniversary of diplomatic relations, an important milestone to consolidate and promote cooperation in the future. A series of rich cultural events, sports activities, as well as job fairs and innovation festivals will be held to highlight the success and diversity of the Vietnam-Germany relationship. These activities not only help us look back on our history, but also look forward to future potential and opportunities in fields of economy, culture and politics.<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://ven.congthuong.vn/stores/news_dataimages/2025/022025/18/14/in_article/dai-su-duc-tai-viet-nam20250218144417.jpg?rt=20250218144418" alt="Vietnam, Germany have much room for bilateral cooperation: Ambassador"></figure></td></tr><tr><td>German Ambassador to Vietnam Helga Margarete Barth</td></tr></tbody></table></figure>For example, the celebration will kick off with the “Berlin Shines” gala concert, set to take place in Hanoi on February 21. On October 25, singer Thomas Anders of the legendary Modern Talking band will also perform at My Dinh National Stadium, Hanoi.In particular, the German Festival will take place in Hoan Kiem Lake area from September 19-21 to convey the common achievements of the two countries in the form of a cultural festival, in which the Vietnam-Germany development cooperation relationship will be introduced in a multimedia format in an exhibition booth.Based on the achievements of the bilateral relationship, can you mention some of Germany’s wishes in the coming time as well as potential cooperation prospects with Vietnam?In the coming time, Germany wants to strengthen cooperation with Vietnam in cyber security, artificial intelligence, within the framework of the United Nations and United Nations peacekeeping operations, and also in vocational training.Positive signals are also expected in trade cooperation, as we continue to promote the implementation of the European Union - Vietnam Free Trade Agreement (EVFTA). Accordingly, there will be many opportunities for Vietnamese food products, including fish sauce, to be present in the German market. In addition, Vietnam is increasingly becoming an attractive place for manufacturing electronic products for foreign investors, including German companies. Therefore, electronic products from Vietnam will also be given priority to enter the German market.In October 2024, Vietnam Airlines opened a direct flight to Munich. In the near future, Vietjet Air will have additional direct flights from Ho Chi Minh City and Hanoi to Frankfurt and Munich, which will be an advantage for the two sides to promote people-to-people cooperation, education and tourism.What are your impressions of Vietnamese culture, life and people during your time working in Vietnam?Because my working time is not long, I have not visited many places. Besides Hanoi, I have been to Ho Chi Minh City and Da Nang. I find these two cities very modern. As for Hanoi, I find it a city with its own charm, where people are always proud of their capital. Personally, I really like the old quarter with its small, ancient houses and impressive small shops.However, I feel quite worried about the air quality in Hanoi. It could be a health problem for the elderly and children, and those with respiratory diseases. I know that the Vietnamese Government is very concerned about this issue and is also making efforts to improve it.<figure class="table"><table><tbody><tr><td>The Federal Republic of Germany and the Socialist Republic of Vietnam are celebrating the 50th anniversary of the establishment of diplomatic relations (September 23, 1975 - September 23, 2025). To commemorate this milestone, the German Embassy in Hanoi and the Consulate General in Ho Chi Minh City in close collaboration with German organizations have put together a diverse and entertaining program showcasing various aspects of their work and commitments.</td></tr></tbody></table></figure>Hoa Quynh

German Ambassador to Vietnam Helga Margarete Barth emphasized that Vietnam and Germany still have much room for cooperation in many fields, especially in economics and education.

Vietnam, Germany have much room for bilateral cooperation: Ambassador

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2025/2/13/metro-so-1-ben-thanh-suoi-tien-21-1739416862280217906949.jpg" alt="MoT proposes specific mechanisms for metro development in HN, HCMC- Ảnh 1."></figure>Ho Chi Minh City's Metro Line No. 1 officially starts operations in late 2024, connecting Ben Thanh Market in District 1 to Suoi Tien Theme Park in Thu Duc CityThe draft proposal was sent to the Government suggesting the building of a National Assembly's resolution on those mechanisms.If approved, the urban railway network in two big cities will be invested in a modern and sustainable way.Minister of Transport Tran Hong Minh said more than 200 cities in the world had built urban railway systems. Large cities prioritize the development of urban railways to meet the demands of passenger transport because this is a fundamental solution to solve congestion, environmental pollution and urban traffic accidents, according to the minister.He said that it is the right time to accelerate the synchronous and simultaneous investment and operation of the urban railway system.The population of Ha Noi and HCM City reached 8.5 million and 9.5 million, respectively, in 2023. Meanwhile, income per capita of Ha Noi and HCMC were reported at US$5,900 and US$6,700 , respectively.The two cities have identified the goal of developing an urban railway system to meet public transport demands, contributing to the restructuring of urban transport modes in a sustainable, harmonious and reasonable manner.By 2035, both cities target to basically finalize the urban railway networks following Conclusion No. 49-KL/TW of the Politburo and approved plans.The two metropolis strive to put into operation 17 urban railway routes and sections with a total length of about 752km by 2035, taking on 35-50 percent of the public passenger transport market share.By 2045, seven more routes and four sections with a total length of about 355km are expected to be put into operation, making up 50-60 percent of the public passenger transport market share.Six groups of specific mechanismsFunding for those projects is estimated at over VND3 quadrillion including more than VND424.8 trillion from the State budget and the remaining from the cities' budget.The transport ministry proposed six groups of specific mechanisms and policies including those on capital mobilization, investment procedures, Transit Oriented Development model, railway industry development, technology transfer and training.Many flexible mechanisms have been proposed to help the two cities proactively mobilize capital from additional revenue sources, save costs, and ODA capital without having to prepare project proposals./.

The Ministry of Transport has submitted a proposal worth VND3 quadrillion piloting specific and special mechanisms and policies to develop the urban railway network systems in Ha Noi and Ho Chi Minh City.

MoT proposes specific mechanisms for metro development in HN, HCMC

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://ven.congthuong.vn/stores/news_dataimages/2025/022025/13/22/120250213221539.jpg?rt=20250213221540" alt="NA Chairman Tran Thanh Man speaks at the session on February 13. (Photo: VNA)"></figure></td></tr><tr><td>NA Chairman Tran Thanh Man speaks at the session on February 13. (Photo: VNA)</td></tr></tbody></table></figure>Hanoi – The National Assembly Standing Committee deliberated on a draft resolution aimed at revolutionising Vietnam’s science, technology, innovation, and digital transformation landscape at a session on February 13.According to the Government’s proposal, the resolution seeks to establish a legal framework that would effectively boost national scientific-technological advancement and digital transformation, making them driving forces for socio-economic development to deliver on the dual targets by 2030 and 2045 as outlined at the 13th National Party Congress.The document, comprising 20 articles across four chapters, features contents related to the areas. A key feature is the autonomy granted to scientific research organisations, giving them greater independence in organisational structure, staffing, finance, and professional decisions. It also includes provisions on civil liability exemption for potential losses in state-funded research projects as well as regulations on state capital allocation to science-tech missions through funds.Presenting a verification report, Chairman of the NA’s Committee on Science, Technology and Environment Le Quang Huy endorsed the issuance of the resolution, noting it will help accelerate growth targets of at least 8% by 2025 and double-digit growth for the 2026-2030 period.Full-time legislators reached consensus on submitting the resolution to the parliament to remove roadblocks in the sector and creative motives for national socio-economic development, contributing to concreatising the target for 2025 and subsequent years. They stressed the importance of careful review to prevent potential group interests, wastefulness, and other negative practices.Speaking at the event, NA Chairman Tran Thanh Man commended the Ministry of Science and Technology, Ministry of Information and Communications, and the NA’s Committee on Science, Technology and Environment for their swift preparation of the draft resolution.He specifically called for policies that could unlock resources and create immediate effects, contributing to the economic growth./.

The resolution, presented at the February 13 session of the NA Standing Committee, seeks to establish a legal framework that would effectively boost national scientific-technological advancement and digital transformation, making them driving forces for socio-economic development to deliver on the dual targets by 2030 and 2045 as outlined at the 13th National Party Congress.

NA weighs new policies to boost science, technology, innovation

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2025/2/11/pttg-17392410497321814786014.jpg" alt="Deputy PM holds phone conversation with Indonesian Foreign Minister- Ảnh 1."></figure>Deputy Prime Minister, Foreign Minister Bui Thanh SonBui hailed the strong developments in Viet Nam-Indonesia relations over the last 70 years, on the basis of the solid foundation nurtured by President Ho Chi Minh and President Sukarno.He expressed satisfaction with the progress of Viet Nam-Indonesia strategic partnership, particularly the sustained political trust between the two countries as well as effective cooperation in all areas, from trade-investment, security-defense to people-to-people exchanges and policy coordination at multilateral forums.Sugiono, for his part, expected that the bilateral ties will reach a new height this year.Indonesia attaches importance to the strategic partnership with Viet Nam, he reiterated, proposing that both sides continue to strengthen practical cooperation across all sectors, and join hands in organizing activities to celebrate the 70th anniversary of diplomatic ties (December 30, 1955).Both diplomats vowed to work closely to implement common perceptions of their senior leaders and increase high-level delegation exchanges in connection with Viet Nam's hosting of the ASEAN Future Forum (AFF) from February 25-26, and the Partnering for Green Growth and the Global Goals 2030 (P4G) Summit from April 16-17.They also pledged to foster comprehensive cooperation and mutual support at regional and international forums, particularly within ASEAN and the United Nations, to further uphold ASEAN's central role.Bui took the occasion to invite Sugiono to visit Viet Nam soon, and the latter gladly accepted the invitation./.

Deputy Prime Minister, Foreign Minister Bui Thanh Son held a phone conversation with Indonesian Foreign Minister Sugiono on February 10.

Deputy PM holds phone conversation with Indonesian Foreign Minister

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/344443456812359680/2025/2/4/belgium-1738637460352609098579.jpg" alt="Prime Minister congratulates newly-elected Belgian counterpart - Ảnh 1."></figure>Belgian Prime Minister Bart De WeverThe same day, Deputy Prime Minister, Foreign Minister Bui Thanh Son sent his congratulatory message to Mr. Maxime Prevot on his appointment as Foreign Minister of Belgium.Viet Nam and Belgium have seen their relationship growing continuously across all areas over the past 52 years since the two countries set up diplomatic relations on March 22, 1973.Belgium is the sixth largest trading partner of Viet Nam in the European Union, while Viet Nam is the second largest partner of Belgium in the ASEAN bloc. The bilateral trade reached US$4.73 billion in 2022./.

Prime Minister Pham Minh Chinh has extended his congratulations to Mr. Bart De Wever upon his election as the Belgian Prime Minister.

Prime Minister congratulates newly-elected Belgian counterpart

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://ven.congthuong.vn/stores/news_dataimages/2025/022025/03/16/omoda20250203165657.jpg?rt=20250203165658" alt="Ahead of the factory’s launch, Omoda &amp; Jaecoo has introduced their brand in Vietnam, initially distributing the OMODA C5 SUV, which is imported from Indonesia. (Photo: VNA)"></figure></td></tr><tr><td>Ahead of the factory’s launch, Omoda &amp; Jaecoo has introduced their brand in Vietnam, initially distributing the OMODA C5 SUV, which is imported from Indonesia. (Photo: VNA)</td></tr></tbody></table></figure>Work on two major automobile manufacturing and assembly plants with Chinese investments will start in northern Thai Binh province in the first half of 2025.Geely Auto Group, a leading Chinese automaker based in Hangzhou, and Vietnam’s Tasco Joint Stock Company plan to commence construction of an automobile manufacturing and assembly plant in Tien Hai Economic Zone in June 2025. The first vehicles are expected to roll off the production line by early 2026.Under their cooperation agreement, the two companies will establish a joint venture for automobile assembly and distribution in Vietnam. The factory, covering 30 hectares, will have an initial production capacity of 75,000 vehicles per year. The project has a total investment of 168 million USD, with Tasco holding a 64% stake and Geely Auto 36%.As part of the partnership, Tasco Auto, a subsidiary of Tasco, will become the official distributor of Geely vehicles in Vietnam. The first model to be introduced to the market will be the Geely Coolray, a compact SUV that has already gained popularity in the Philippines and Russia.Beyond manufacturing and distribution, Geely and Tasco also plan to invest in local supply chains, R&amp;D centres, and workforce training programmes to support the long-term development of Vietnam’s automotive industry.Meanwhile, Chinese automaker Chery’s subsidiary, Omoda &amp; Jaecoo, has partnered with Vietnamese conglomerate Geleximco to establish a manufacturing plant in Hung Phu Industrial Zone of Thai Binh province.The 800-million-USD facility is scheduled to begin construction in the second quarter of this year, with the first phase expected to be completed by early 2026. Once fully operational, the plant will have a production capacity of 200,000 vehicles per year.Ahead of the factory’s launch, Omoda &amp; Jaecoo has already introduced their brand in Vietnam, initially distributing the OMODA C5 SUV, which is imported from Indonesia. In January 2025, they expanded their lineup by introducing the Jaecoo J7 PHEV. The brand has also established 20 dealerships nationwide.These investments are expected to strengthen Vietnam’s automotive industry, boost localisation efforts, and create thousands of new jobs./.

Work on two major automobile manufacturing and assembly plants with Chinese investments will start in northern Thai Binh province in the first half of 2025.

Chinese carmakers to build automobile plants in Thai Binh

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2025/1/23/anh-ds-ngang-1-17376179910921165913888.jpg" alt="Japanese Ambassador: Vietnamese people are deeply proud of their national tradition- Ảnh 1."></figure>Japanese Ambassador to Viet Nam Ito NaokiAmbassador Ito Naoki made the above statement during an interview with the VGP about his affections for the country and people of Viet Nam, their aspiration in the new era of nation rise in 2025.Since your mission started in Viet Nam, how do you feel about the country, people, culture and economy of Viet Nam?Ambassador Ito Naoki: Since my term started last May, I have had abundant opportunities to meet with many Vietnamese people from different aspects of live, from leaders of the Party, Government, National Assembly, to representatives of enterprises, education and cultural organizations. I have visited 20 cities and provinces across the country from Lao Cai and Yen Bai provinces in the North and Ca Mau province in the South.Via these contacts, I was impressed by the fact that Vietnamese people are extremely proud of their national traditions, always cherish and preserve as well as inherit the culture and customs imbued with national identity. A series of events related to pho and ao dai have proven this. Each region has its own rich nature and unique charm. Sometimes, I come across scenes that are very similar to Japan, such as the terraced fields in Sapa and Mu Cang Chai or the custom of pounding rice cakes made from green rice.In terms of economics, Viet Nam has achieved one of the highest economic growth rates among ASEAN countries and I feel that the Vietnamese people are very confident about the future. Japanese companies are also particularly interested in investing in Viet Nam. I consider Vietnam as one of the ASEAN countries with the potential to soon achieve a GDP per capita exceeding US$10,000.How do you evaluate Viet Nam's foreign diplomatic policy?Ambassador Ito Naoki: Over the past few years, Japan and Viet Nam have continued to share our strategic interests while a series of major geopolitical changes have continuously taken place in the international community. For Japan, Viet Nam is an important partner in realizing the goal of a free and open Indo-Pacific region.In November 2023, on the occasion of the 50th anniversary of the establishment of diplomatic relations, Japan and Viet Nam agreed to promote cooperation on the basis of "Comprehensive Strategic Partnership for Peace and Prosperity in Asia and the World". General Secretary To Lam affirmed that Viet Nam will play a more proactive, positive and responsible role to the international community.In the future, I was strongly convinced that Japan and Viet Nam will play an even more important diplomatic role in ensuring peace and prosperity in Asia and the world.What are your expectations for Viet Nam in 2025 and especially the Strategic Partnership for Peace and Prosperity in Asia and the world of Viet Nam and Japan?Ambassador Ito Naoki: Within the framework of the "Comprehensive Strategic Partnership for Peace and Prosperity in Asia and the World", the bilateral relations between Japan and Viet Nam have been progressing steadily in many fields and people-to-people exchange activities between the two countries have become more and more vibrant.I strongly expect that the "new era" initiated by General Secretary To Lam will offer a good opportunity to further develop and expand the partnership between Japan and Viet Nam. Japan will continue to be a leading partner, accompanying Viet Nam to enter "the new era" - nation's rise.In the context that Viet Nam is strengthening its presence in the international arena, Japan expects to work with Viet Nam to promote bilateral cooperation activities and coordinate more closely at multilateral forums such as ASEAN and the United Nations, thereby playing a more active role in realizing the goal of peace and prosperity in Asia and the world. This year, Japan and Viet Nam are co-chairing the Japan-Mekong cooperation framework. I hope that Viet Nam's active role will bring more and more great achievements to the Japan-Viet Nam cooperation relationship.General Secretary To Lam always affirmed the importance of developing strategic infrastructure in the fields of transportation, digital and energy. Japan welcomes this approach and will work with Viet Nam to finalize strategic infrastructure development. In addition, through the "Japan-Viet Nam Joint Initiative in the New Era" with key topics such as green transformation, digital transformation, strengthening supply chains and training highly qualified human resources, the Japanese Government and businesses will join hands to provide Viet Nam with necessary support in the process of industrialization and modernization of Viet Nam. In addition, Japan wishes to continue supporting Viet Nam's efforts in measures to respond to climate change, health care, natural disaster prevention, etc. effectively in the medium and long term through Japan's ODA.Japan also paid attention to General Secretary To Lam's message on combating waste, improving economic efficiency, streamlining the government apparatus, and expected that Viet Nam's investment environment, including laws and administrative procedures, would be further improved, creating favorable conditions for the implementation of ODA projects of other countries as well as promoting investment activities of foreign enterprises in Viet Nam, including Japanese enterprises. Certainly, simplifying and making transparent administrative procedures and speeding up the approval process will promote the business activities of existing companies, thereby attracting more new investment capital from Japanese companies.Thank you so much!

Japanese Ambassador to Viet Nam Ito Naoki said that he is impressed by Vietnamese people who are deeply proud of their national tradition, always respect, preserve and inherit culture, customs and practices imbued with the identity of the Vietnamese people.

Japanese Ambassador: Vietnamese people are deeply proud of their national tradition

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://ven.congthuong.vn/stores/news_dataimages/2025/012025/23/10/bac-giang20250123104317.jpg?rt=20250123104317" alt="The project covers an area of 197.1 hectares with a total investment capital of 2.8 trillion VND. (Photo: baochinhphu.vn)"></figure></td></tr><tr><td>The project covers an area of 197.1 hectares with a total investment capital of 2.8 trillion VND. (Photo: baochinhphu.vn)</td></tr></tbody></table></figure>Deputy Prime Minister Tran Hong Ha has approved the investment policy for the construction and infrastructure development of the Song Mai–Nghia Trung Industrial Park in Bac Giang province.The decision, issued under number 198/QĐ-TTg on January 21, 2025, grants approval for a project covering 197.1 hectares with a total investment of 2.8 trillion VND (111 million USD), of which 434.9 billion VND will be contributed by the investor.That investor will be the Hanoi-Bac Giang Industrial Infrastructure Investment Joint Stock Company and it will be developed across Nghia Trung commune (Viet Yen township), Song Mai commune and Da Mai ward (Bac Giang city).The industrial park has a 50-year operational timeline starting from the date the land is allocated, leased, or its usage purpose is changed.The Deputy Prime Minister has instructed the People’s Committee of Bac Giang province to oversee the province’s industrial park management board in defining the project’s implementation timeline in the investment registration certificate. However, this timeframe must not exceed 30 months from the date of land allocation, leasing, or conversion.The Ministry of Planning and Investment is responsible for appraising the investment policy and managing the industrial park per relevant laws on investment and industrial development.The People’s Committee of Bac Giang province is tasked with ensuring the project aligns with the provincial land use and zoning plans for 2021–30, with a vision towards 2050.The plans must be approved by competent authorities under land and planning legislation. Furthermore, the province must allocate sufficient industrial land quotas to ensure the project adheres to its approved schedule./.

Deputy Prime Minister Tran Hong Ha has approved the investment policy for the construction and infrastructure development of the Song Mai–Nghia Trung Industrial Park in Bac Giang province.

Bac Giang to develop a new industrial park worth 111 million USD

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2025/1/22/toadam-17375143037581204690070.jpg" alt="UNCTAD Secretary-General admires Viet Nam's impressive growth achievements- Ảnh 1."></figure>Prime Minister Pham Minh Chinh attends a seminar in preparation for the 16th session of the United Nations Conference on Trade and Development (UNCTAD), Davos, Switzerland, January 21 (local time), 2025- Photo: VGPGrynspan made the statement while attending a seminar in preparation for the 16th session of the UNCTAD16, which took place within the framework of the 55th World Economic Forum (WEF) Annual Meeting, in Davos, Switzerland, on January 21 (local time).The seminar was designed by the WEF for Viet Nam to discuss global trade and investment trends, while also building the agenda for the upcoming 16th UNCTAD.The event saw the participation of Vietnamese Prime Minister Pham Minh Chinh, leaders and representatives from international organizations such as the World Trade Organization (WTO), the Organization for Economic Cooperation and Development (OECD), the International Fund for Agricultural Development (IFAD), the World Intellectual Property Organization (WIPO), the International Renewable Energy Agency (IRENA), as well as several renowned scholars and international experts.The organization of the 16th UNCTAD, held in a dynamic and successful country like Viet Nam, marks a significant turning point in a new phase for UNCTAD, noted Grynspan.Trade is a crucial factor in driving growth, she said, adding that Southern countries will play a significant role in global trade, accounting for 70 percent of the total trade value in the next five years.Addressing the event, Prime Minister Pham Minh Chinh said, current challenges to trade and development affect everyone, so it is necessary to put in place a people-centered, inclusive, and global approach.He called on countries to strengthen cooperation, work together to counter protectionism, and promote multilateral trade for development.To cope with these challenges, Pham called for embracing the "smart era" in a comprehensive manner from four different perspectives: from the geopolitical aspect, with peace and cooperation as priorities; from the economic aspect, focusing on fast and sustainable development; from the environmental aspect, emphasizing sustainable exploitation and use of resources; and from the social aspect, ensuring progress, social equity, and leaving no one behind.Viet Nam should prepare resources for the "smart era" with an approach to resources rooted in mindset, vision, and momentum driven by innovation and creativity, as well as strength derived from the people and businesses, he said.The UNCTAD16 will take place Viet Nam in October 2025 under the theme "Shaping the future: Driving economic transformation for equitable, inclusive and sustainable development".The conference is UNCTAD's highest decision-making body, where 195 member states assess current trade and development issues and formulate global policy responses. It also sets the organization's work priorities for the next four years.The event is expected to gather heads of state, government ministers of trade and economy, Nobel Prize-winning economists, leading civil society organizations and leaders of international organizations./.

Secretary-General of the United Nations Conference on Trade and Development (UNCTAD) Rebeca Grynspan expressed her admiration for Viet Nam's impressive growth achievements, with an average annual growth rate of 7 percent over the past 30 years.

UNCTAD Secretary-General admires Viet Nam's impressive growth achievements

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://ven.congthuong.vn/stores/news_dataimages/2025/012025/20/17/720250120171428.jpg?rt=20250120171429" alt="A worker extracts rubber latex. Vietnam earned 3.4 billion USD from exporting 2 million tonnes of rubber latex in 2024. (Photo: VNA)"></figure></td></tr><tr><td>A worker extracts rubber latex. Vietnam earned 3.4 billion USD from exporting 2 million tonnes of rubber latex in 2024. (Photo: VNA)</td></tr></tbody></table></figure>HCM City – The Vietnam Rubber Association (VRA) is bullish about the prospects for the rubber industry in 2025, forecasting 10% annual growth in export revenue to over 11 billion USD.This optimism is fueled by the sustainable value of eco-friendly raw materials and innovative recycling practices.In early 2025, rubber prices, both at home and abroad, will be influenced significantly by China’s economic policies. With China launching economic stimulus measures, including hefty investments in industrial infrastructure, the rubber industry is already feeling positive effects. China's automotive industry, a giant in rubber consumption, is on track for continued expansion, fueled by robust domestic and export demands.Nguyen Duc Dung, Deputy General Director of the Mercantile Exchange of Vietnam, pointed out that Vietnamese rubber producers are in a prime spot to capitalise on this trend. Not only is there an uptick in demand from China, but also from neighboring Southeast Asian nations, buoyed by a global economic recovery.China remains the largest market for Vietnamese rubber exports. In 2024 alone, the country imported 2.4 billion USD worth of Vietnamese rubber, or 70.5% of Vietnam's total rubber export value, he said.According to the General Department of Vietnam Customs, the country earned 3.4 billion USD from exporting 2 million tonnes of rubber latex last year, down 6% in volume but up 18% in value. Meanwhile, it spent 3 billion USD on importing 1.9 million tonnes, resulting in a trade surplus of 400 million USD.VRA Chairman Le Thanh Hung said the value increase was a direct result of soaring prices, with the average export price jumping from 1,350 USD to 1,701 USD per tonne in 2024. This price escalation is closely tied to the heightened demand from Europe, which holds a major share of the global rubber trade, accounting for 31-34.5% of exports./.

The Vietnam Rubber Association (VRA) is bullish about the prospects for the rubber industry in 2025, forecasting 10% annual growth in export revenue to over 11 billion USD.

Vietnam’s rubber export predicted to exceed 11 bln USD

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://ven.congthuong.vn/stores/news_dataimages/2025/012025/17/17/420250117171655.jpg?rt=20250117171656" alt="At the second economic consultation meeting held in Warsaw (Photo: Ministry of Industry and Trade)"></figure></td></tr><tr><td>At the second economic consultation meeting held in Warsaw (Photo: Ministry of Industry and Trade)</td></tr></tbody></table></figure>Warsaw – Vietnam and Poland discussed and agreed on major measures to beef up trade and economic partnership at the second economic consultation meeting held in Warsaw as part of Prime Minister Pham Minh Chinh’s ongoing official visit to the European country.Vietnamese Minister of Industry and Trade Nguyen Hong Dien, and Polish Minister of Economic Development and Technology Krystof Paszyk co-chaired the meeting, in which they laid stress on the significance of bilateral collaboration across trade, industry, mineral exploitation, innovation, semiconductor, digital transformation, agriculture and pharmaceuticals as the two countries are celebrating the 75th founding anniversary of diplomatic relations.The ministers also discussed emerging trends in bilateral trade and ways to facilitate trade and investment, particularly leveraging the EU-Vietnam Free Trade Agreement (EVFTA) to enable each country's strong products to penetrate the other's market.Dien underscored that the both nations boast huge potential to capitalise on the free trade pact, making Poland a gateway for Vietnamese goods to enter the EU market and Vietnam a bridge for Polish products to penetrate into the ASEAN market.Despite global headwinds, Vietnam’s GDP growth rebounded to 7.09% in 2024 as compared to 5.05% in the previous year, demonstrating robust recovery across manufacturing, processing, retail sales, consumer services, and export.Last year, two-way trade volume reached 3.4 billion USD, a year-on-year increase of 21.7%. However, Dien said the figures lagged behind the potential and strengths of the two countries.He spotlighted untapped potential in pharmaceutical cooperation, calling for foreign investment in Vietnam's medicine, vaccine, and medical equipment manufacturing sector. The initiative includes technology transfer for new pharmaceuticals, biologic drugs, and medical equipment production.<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://ven.congthuong.vn/stores/news_dataimages/2025/012025/17/17/620250117171802.jpg?rt=20250117171803" alt="Vietnamese Minister of Industry and Trade Nguyen Hong Dien (second from right) at the meeting (Photo: Ministry of Industry and Trade)"></figure></td></tr><tr><td>Vietnamese Minister of Industry and Trade Nguyen Hong Dien (second from right) at the meeting (Photo: Ministry of Industry and Trade)</td></tr></tbody></table></figure>Welcoming Poland’s proposals to expand cooperation in semiconductor, agriculture, environment, sustainable solutions, and sewage management, among others, Dien suggested the two countries promote discussions and support each other in responding to climate change and delivering on greenhouse gas emissions target.Vietnam encourages both sides to share experience in building policies and strategies to accelerate digital transformation, he said, adding they should work together in such domains as development of digital platforms, digital human resources training, cyber security solutions, and application of digital technology in smart agriculture.Climate change emerged as a key focus area, with Vietnam reaffirming its commitment at COP26 to achieve net-zero emissions by 2050. The country is seeking Poland’s expertise in energy transition and efficient energy use technologies, Dien stated.He urged Poland to support Vietnam in removing the European Commission’s yellow card against its seafood and expediting the ratification of the EU – Vietnam Investment Protection Agreement (EVIPA).The partnership should be expanded to retail distribution networks, he said, proposing closer cooperation between Polish retail groups and Vietnamese manufacturers to facilitate Vietnamese branded products' entry into the Polish and EU markets while developing Vietnam as a regional supply hub.Amidst formidable challenges across the globe, it is necessary for the two countries to cooperate closely and effectively, especially in trade, industry and energy transition to better their resilience. Enhanced economic and trade collaboration both bilaterally and in the framework of the ASEAN and EU blocs will benefit the two countries, he added.Paszyk, for his part, said Poland has recognised Vietnam as its most crucial trading partner among ASEAN nations and a premier investment destination in the Asia-Pacific region, expressing his hope for trade balance and expansion of trading goods.A notable development was the successful entry of Polish blueberry in the Vietnamese market following the third meeting of the Poland-Vietnam working group on agriculture, he said, suggesting more dialogues between phytosanitary organisations to promote market access for high-quality Polish agricultural products in the Southeast Asian country.Poland has initiated internal procedures to ratify the EVIPA, he added.The meeting concluded with both ministers signing the minutes outlining key initiatives for economic cooperation. The third consultation event is scheduled to take place in Hanoi in 2027./.

Vietnam and Poland discussed and agreed on major measures to beef up trade and economic partnership at the second economic consultation meeting held in Warsaw as part of Prime Minister Pham Minh Chinh’s ongoing official visit to the European country.

Vietnam, Poland discuss major measures to beef up economic ties

<figure class="table"><table><tbody><tr><td><figure class="image"><img src="https://ven.congthuong.vn/stores/news_dataimages/2025/012025/16/16/tech20250116164643.jpg?rt=20250116164644" alt="Global tech giants keep injecting investments into Vietnam"></figure></td></tr></tbody></table></figure>LG Display alone, a subsidiary of LG Group of the Republic of Korea (RoK), increased its investment by US$2.35 billion in 2024, with the first injection happening in November and a second one toward the end of the year. The expanded investment raised the firm’s total investment in the Vietnamese market to nearly US$6.85 billion, or 17.9% of the total FDI the country attracted last year.Other notable investments include Amkor’s US$1.07 billion project in Bac Ninh province, Foxconn’s US$550 million expansion in Quang Ninh, and recent boosts in investment by Bosch (US$107 million) and Jabil Circuit (US$150 million).NVIDIA's commitment to developing a research and development center for artificial intelligence in Vietnam, after acquiring VinBrain from Vingroup, marked a significant milestone. The leading chip maker’s move indicates Vietnam’s potential to become a regional hub for AI development.In addition, Samsung Display has unveiled plans to invest billions of US dollar in 2025, including US$1.2 billion project in Bac Ninh province.Thanks to their commitments, Vietnam attracted US$38.23 billion in FDI last year, affirming its status as a magnet for foreign investment.Most notably, Vietnamese FDI disbursement reached an all-time high of roughly US$25.35 billion last year, up 9.4% year on year.The figures highlight that foreign financiers continue to place their trust in the local investment climate through pumping money into new projects and expanding existing investment projects in the country.Minister of Planning and Investment Nguyen Chi Dung pointed out that the emergence of investors in the spheres of high-tech and semiconductor, as well as AI, will create a wealth of opportunities for the Vietnamese economy to accelerate its development in the future.Thomas Rooney, deputy director of Industrial Real Estate Services, Savills Hanoi, said Vietnam is becoming a strategic destination for large technology corporations thanks to its favourable geographical location in the global supply chain.The wave of investment into high-tech projects and research and development centres is expected to boost demand for infrastructure and factories, which in turn will create momentum for growth in the industrial real estate market, he added.Furthermore, the arrival of NVIDIA, the world's leading corporation in AI and semiconductors, into the local market creates an important turning point to develop Vietnam into Asia's leading AI R&amp;D hub, he noted.Experts pointed out that there will be numerous semiconductor projects worth billions of US dollars in Vietnam in the coming months, largely thanks to the country’s open-door policy and transparent mechanisms.The Vietnamese Government recently issued Decree No. 182/2024/ND-CP, which outlines the establishment, management, and use of the Investment Support Fund.The decree is expected to elevate the country’s appeal as a destination for high-tech investment in the future.

A number of global tech giants such as LG, Samsung, Amkor, and NVIDIA poured capital into Vietnam recently, making the country an ideal investment destination and enabling the firms to expand their market share and take advantage of growth opportunities in the region.

Global tech giants keep injecting investments into Vietnam

<figure class="image image_resized" style="width:50%;"><img src="https://api.orangemedia.com.vn/images/thuong-mai-dien-tu-2_20240830030503.jpg"></figure>With the goal to be a dedicated consultant for your brand, Orange will answer to all of your questions and issues in the process of online advertising for your product. Each online advertising channel has some fixed effect with your product. There are many online advertising channels such as Google search engine advertising, social media ads (Facebook, Linkedin, Zalo, etc), online newspapers such as VnExpress, Dantri, Thoiluan24h, etc. Depending on the product and your target audience, we will give you the most suitable advertising channel.

With the goal to be a dedicated consultant for your brand, Orange will answer to all of your questions and issues in the process of online

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MARKETING HAS CHANGED AS DIGITAL EXTENDS INTO ALL AREAS OF OUR LIVES. WHILE THIS GIVES ADVERTISERS GREATER OPPORTUNITIES, IT ALSO MEANS CUSTOMERS EXPECT MORE. AUDIENCES TODAY WANT SERVICES AND CONTENT THAT MEET THEIR NEEDS, WHEREVER THEY ARE, WHATEVER THEY'RE DOING&nbsp;<figure class="table"><table><tbody><tr><td>At Orange, we're not just specialists in different types of digital marketing - we also know how to bring it together. By putting the customer at the center, we create simple, effective strategies that connect with people across every channel - and grow business in ways they can measure.</td><td>We’re steadfast in our belief that clarity leads to better results and we use that thinking to power campaigns that help clients improve their marketing impact. We help clients across a diverse range of industries strengthen their brands, ramp up their marketing and grow their share of voice.</td></tr></tbody></table></figure>

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<figure class="image"><img src="https://api.orangemedia.com.vn/images/SEO-Skills_20240830030557.jpg"></figure>SEO - Search Engine Optimization (SEO) is now known as the most effective tool in Online Marketing System. SEO services have emerged since Google became the number one search engine in the world. SEO is the foundation for success. SEO is always a very important part of the campaign to reach customers. Our SEO services always ensure two main factors are high quality and affordable. You just need to come up with a requirement and we will offer a total SEO solution on search engines. Let us know what you need and we will help you.

SEO - Search Engine Optimization (SEO) is now known as the most effective tool in Online Marketing System. SEO services have emerged since Google

Our Expertise

<figure class="image"><img src="https://api.orangemedia.com.vn/images/rqpolxa6ivcvuzkbol5c1a1b4aea4f4_20240830030622.jpg"></figure>Digital Marketing is an activity that has many advantages in the period of internet explosion. However, it does not always deliver remarkable benefits, it’s a double-edged sword. Internet is multi-dimensional and that bring to users the right to speak their voice.Therefore, in order to have a successful Digital Marketing campaign, it is necessary to build a proper campaign from the beginning with the motto of prestige, focus on quality. Orange is pleased to bring you the Digital Marketing solution package as required by your brand to get maximum effect.

Digital Marketing is an activity that has many advantages in the period of internet explosion. However, it does not always deliver remarkable

Digital Marketing 

NEWS

<figure class="image image_resized" style="width:50%;"><img src="https://api.orangemedia.com.vn/images/social-media-marketing-1728x800_c_20240830030849.png"></figure>Always follow and understand the needs and behavior habits of people in modern life, making specialized social media marketing campaign such as Facebook Management, Forum Seeding, KOLs, Youtube Channel, Viral Clip,… is the responsibility of Orange Ltd. We devote our knowledge and time to your brand. This is what makes us the most trusted place in the hearts of consumers.

Always follow and understand the needs and behavior habits of people in modern life, making specialized social media marketing campaign such as

SOCIAL

<figure class="image"><img src="https://api.orangemedia.com.vn/images/service-spotlight-website-management_20240830030746.jpg"></figure>When creating a website or a fan page for business purposes, it will be very difficult to make benefits if introducing products without development orientation and innovative content ideas. Developing a website or fan page may seem simple but make it appear on search engines or gets interactions from internet users is not a simple task. Orange is the right place you need to go if you need help with your website and fan page.

When creating a website or a fan page for business purposes, it will be very difficult to make benefits if introducing products without development&nbsp;

MANAGING WEBSITE

<figure class="image"><img src="https://api.orangemedia.com.vn/images/adwords-tips_20240830031032.png"></figure>Google has now become the number one search engine in the world. In Vietnam, 90% of internet users use Google for their need of internet search. Therefore, Google Adwords has quickly used for online businesses to achieve maximum efficiency. We are here to bring you the Google Advertising service with the most outstanding features.

Google has now become the number one search engine in the world. In Vietnam, 90% of internet users use Google for their need of internet search

GOOGLE ADWORDS

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