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Promoting Trade and Investment: Enhancing Vietnam-China Connections

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The conference took place within the framework of the visit to Vietnam by the Chongqing Delegation to Vietnam from October 12 to 16, 2023. Speaking at the Conference, Deputy Minister of Industry and Trade Phan Thi Thang praised the significance of the delegation’s visit and activities, stating that these activities not only contribute to consolidating and strengthening the cooperative relationship between the Ministry of Industry and Trade of Vietnam and the Chongqing City Government but also open up more investment and business cooperation opportunities for both parties. Furthermore, this visit substantially contributes to the implementation of the “Vietnam – China Joint Declaration on continuing to promote and deepen the Vietnam – China comprehensive strategic cooperative partnership.” Vietnamese and Chinese corporates discuss at the conference. “Over the past 20 years, China has always maintained its position as Vietnam’s largest trading partner, Vietnam is also China...

Vietnam and UK Strengthen Economic Ties with Multifaceted Partnership

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Prior to the 5-day visit, UK International Trade Minister Nigel Huddleston spoke about the significant contribution of the Vietnam-UK trade partnership to the diplomatic relations between the two countries over the last 50 years. The trade relationship between the UK and Vietnam has continued to strengthen, with the total trade volume reaching £6.9 billion in 2022. This represents a 29% increase from 2021 and nearly double the figure from 2013. Minister Huddleston expressed his eagerness to meet with his counterparts in Vietnam to explore new opportunities and support UK businesses in accessing the dynamic Vietnamese market. The UK currently has 536 direct investment projects in Vietnam, with a total registered capital of US $4.28 billion. This makes the UK the 15th largest foreign investor in the country. In the first seven months of this year, bilateral trade between Vietnam and the UK reached US $3.95 billion, a 0.5% increase compared to the same period last year. Vietnam’s im...

Exporting Vietnamese Products Through Vietnamese Overseas

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Overview of the conference. Ho Chi Minh City Committee for Overseas Vietnamese Affairs held a hybrid conference on June 28 to highlight the important role of overseas Vietnamese communities in the “Vietnamese people prioritize Vietnamese goods” campaign. The event successfully drew the participation of overseas Vietnamese (OV) entrepreneurs and representatives of OV businesses in the city. Additionally, OV associations from various countries, as well as Vietnam’s diplomatic agencies in Thailand, the US, Australia, and Japan, also attended the event. Nguyen Ho Hai, the deputy secretary of the HCM City Party Committee and the head of the city’s steering committee for the campaign, has emphasized the importance of the conference as a platform for city leaders to listen and engage with expatriates, businessmen, and business representatives from overseas. This gathering presents a valuable opportunity for these individuals to share their contributions and plans, enabling frui...