Economy
Future of India's space economy: Vision for a 10% global share
India’s space economy is poised for unprecedented growth, with ambitious plans to increase its global share from the current sub-2 percent to a substantial 10 percent within the next two decades.
Economy
India-EU Energy Panel holds 10th meeting in Brussels, focuses on energy transition
The 10th meeting of the India-EU Energy Panel was held in Brussels, focusing on energy transition priorities and reviewing the achievements of the India-EU Clean Energy and Climate Partnership 2021-2024.
South Korean AI Startups Are Welcomed to Invest in Vietnam
South Korean startups have numerous reasons to invest and establish ventures in Vietnam, as highlighted during the 2024 Vietnam–Korea Digital Cooperation Forum.
Brazil Tops Vietnam's Soybean Suppliers
Brazil was the largest supplier of soybeans to Vietnam in the first 10 months of 2024, providing 1.07 million tons, a 20% increase in volume and a 0.9% rise in value compared to the same period last year.
"Europe important strategic region, Germany one of our most important partners": Indian PM Modi
Indian Prime Minister Narendra Modi on Friday highlighted the significance of the India-Germany strategic partnership, which completed 25 years this year, and described Europe as a crucial strategic region for India in terms of trade and geopolitical ties.
Finding Solutions for Businesses to Effectively Leverage FTAs
The implementation of Free Trade Agreements (FTAs) has enabled businesses to benefit from tax reductions and enhance their competitiveness in exports. However, numerous obstacles still hinder the full utilization of these FTAs.
Vietnam: A Golden Opportunity for Korean Investors
"Vietnam always encourages businesses from South Korea to expand investment cooperation in many areas, particularly in sectors like electronics, semiconductors, AI, renewable energy, and human resource development."
Ample Room for Vietnam, US Business Cooperation
On November 21, in Can Tho City, the Can Tho Trade and Investment Promotion Center in collaboration with the US Consulate General in Ho Chi Minh City organized a seminar to promote a comprehensive socio-economic cooperation relationship, create new and far-reaching cooperation opportunities between Can Tho City in particular, the Mekong Delta region in general with the US market.
Effective Boost of Investment Flow from Japan to Vietnam
On November 18 in Tokyo, the Vietnam Investment Seminar in Tokyo 2024 was held. The event attracted more than 100 potential Japanese investors to Vietnam.
Pakistan Ranked Fifth Highest in Illegal Migration to Europe
According to a report compiled by the International Organization for Migration (IOM), Pakistan has climbed to fifth place among countries with the highest number of illegal immigrants in Europe. The IOM report was released by the country’s National Commission for Human Rights (NCHR) on November 14. An astounding 40% of Pakistanis wish to leave the country, says the report.
HCMC & California Strengthen Cooperation in High-Tech, Semiconductors, and AI
Vice Chairman of the Ho Chi Minh City People’s Committee Bui Xuan Cuong welcomed a delegation from California, USA, led by the California State Treasurer on November 18.
Enterprises of Vietnam and the Americas Promote Business Match
Within the framework of the 10th International Food Industry Exhibition, a conference was held to connect trade between Vietnamese and American businesses.
Vietnam and Dominican Republic: Abundant Potential for Trade Cooperation
In the first 10 months of 2024, the bilateral trade turnover between Vietnam and the Dominican Republic reached US$76.5 million, of which Vietnam exported US$64.3 million, and imported US$12.2 million from the Dominican Republic.
Binh Duong Hosts National Digital Economy Forum
On November 14, in Binh Duong, the 2nd National Forum on Digital Economy and Digital Society Development took place with the participation of Permanent Deputy Prime Minister Nguyen Hoa Binh and many senior leaders.
Vietnam - Brazil Business Forum: Promote Cooperation Commensurate With Potential
The forum was jointly organized by the Ministry of Planning and Investment, the Vietnamese Embassy in Brazil, and the Rio de Janeiro Industry Federation in early morning of November 18 (Vietnam time) in Rio de Janeiro (Brazil). This is part of Prime Minister Pham Minh Chinh's trip to attend the G20 Summit program and conduct bilateral activities in Brazil.
Vietnam's Real Estate Growth Fueled by FDI and Infrastructure
According to experts, Vietnam's industrial sector is evolving rapidly, fueled by substantial FDI inflows, ambitious infrastructure initiatives, and an investor-friendly regulatory climate, attracting increased interest from global investors.
India Expedites Development of Green Hydrogen Production Infrastructure
The Indian government has shown both a deep as well as a continued commitment to renewable energy priorities set by its Green Hydrogen Mission and efforts that are underway, such as partnerships with international companies and technological transfer arrangements.
Ho Chi Minh City Ranks Third In Southeast Asia For Startup Ecosystem Value
Ho Chi Minh City ranks third in Southeast Asia regarding startup ecosystem value, with an economic impact of 5.22 billion USD, according to the Startup Genome Global Startup Ecosystem Report, released at the Saigon Summit recently held in the city.
Conference Discusses Vietnam's Potential in Supplying Halal Food
Experts emphasized Vietnam's potential in the Halal product import and export market during a workshop on Halal food trade promotion. The event was organized by the Trade Promotion Agency under the Ministry of Industry and Trade, in coordination with various relevant units, in Ho Chi Minh City on November 14.
Emerging contours of MSMEs in India - MSMEs shape the destiny of Indian economy
India has highest 63 million MSMEs among the top five economies. India’s Micro, Small, and Medium Enterprises (MSMEs) serves as a cornerstone for fostering socio-economic development in India. MSMEs play a pivotal role in boosting entrepreneurship, particularly in semi-urban and rural regions, thereby catalyzing economic growth and job creation in these areas. The best efforts of the MSMEs build steady strides for their transformation from small businesses to futuristic multinationals.
Correcting and Replacing: Cake digital bank launches cloud-based card management system using Visa solutions
Cake by VPBank (Cake), Vietnam's largest digital bank by user base, revenue, and product variety, announced the launch of its first fully cloud-based Card Management System (CMS) in collaboration with Visa.
European Businesses remain Confident in Long-term Investment in Vietnam
According to EuroCham, more than 69% of European businesses are optimistic about long-term investment prospects in Vietnam.
