Vietnam fosters comprehensive cooperation with France's Normandy region

Digital transformation in trade promotion is rapidly becoming a key driver in bridging geographical gaps, enabling direct connections between businesses and consumers domestically and internationally.

According to the National Agricultural Extension Centre under the Ministry of Agriculture and Environment, fruit-growing areas nationwide cover over 1.3 million hectares in 2024, with the northern midland and mountainous region accounting for 21%, second only to the Mekong Delta.

The incentive is aimed at creating breakthrough policies to promptly remove legal bottlenecks and facilitate enterprises operating in science and technology development, innovation and transformation.

The Vietnam Fruit and Vegetable Festival 2025 was held in Singapore on July 18 as a meaningful trade promotion event that strengthens bilateral economic, trade, and investment ties and helps realise the economic cooperation contents of the Vietnam–Singapore Comprehensive Strategic Partnership.

Representatives from Vietnam and Laos emphasised the essential role of digital platforms, which are seen as the backbone of the e-commerce ecosystem. They also highlighted the significance of infrastructure in facilitating the smooth transport of goods between the two countries.

During the first half of 2025, the total registered FDI reached 21.51 billion USD, up 32.6% year-over-year. This includes 9.3 billion USD in new investments, down 9.6%; 8.95 billion USD in additional capital for existing projects, a 2.2-fold increase; and 3.28 billion USD through capital contributions and share purchases, up 73.6%.

The two sides agreed to establish a joint task force to formalise their collaboration, with a strong focus on quantum technology, a strategic frontier of the digital age, and AI-powered solutions to help Vietnamese SMEs enhance their competitiveness and modernise their operations.

As Vietnam accelerates green and digital transition, the Vietnam Business Association in Belgium (VBAB) is prioritising connections with capable Belgian partners in clean energy, particularly hydrogen and renewable energy, and smart seaport planning.

Its shift towards a modern economic structure, with a growing services sector and a favourable demographic profile has made Vietnam an increasingly attractive destination for foreign investors. Vietnam is now regarded as a key growth driver within ASEAN.

The State Bank of Vietnam set the daily reference exchange at 25,185 VND/USD on July 18, up 9 VND from the previous day.

The company’s decision to inject an additional 21 trillion VND (804 million USD) into the project not only reflects its ambition to scale up operations but also signals a strategic shift towards exports and integration into global supply chains.

Vietnam is rapidly emerging as a strategic destination in the Asia-Pacific data centre investment landscape, with a yield-on-cost second only to Singapore.

Hanoi is implementing a series of breakthrough plans, ranging from attracting investment and developing high-tech products to facilitating businesses’ global expansion, with a goal of transforming it into the country’s leading hub for key industries and supporting industries.

The SBV stated that the deletion of over 86 million bank accounts was considered a system cleanup measure.

Apartment prices in central HCM City have hit a record 600 million VND (23,500 USD) per sq.m, raising concerns over affordability and income disparity.

Corporate bonds — especially those issued via public offerings — are expected to regain momentum in the second half of 2025, buoyed by a mix of policy support and rising market demand.

Vinh Long province is home to 188 active foreign direct investment (FDI) projects from 24 countries, with a total registered capital of 5.74 billion USD, but none yet from Switzerland.

Progress demands strong determination, great effort, and decisive action, PM Pham Minh Chinh said, pressing for clearly defined roles, tasks, responsibilities, timelines, and authority to drive effective outcomes.

Under the cooperation agreement signed on July 16, the International Finance Corporation (IFC) will support Becamex IDC in conducting preliminary assessments for up to five industrial parks using the Global Eco-Industrial Parks Programme (GEIPP) certification framework.

An official of FTSE Russell has expressed confidence in a long-term partnership with Vietnam through 2045, when the country aims to emerge as a modern industrialised nation with a transparent, advanced and globally integrated financial market.