Participants in the second congress of the Association of Vietnamese Entrepreneurs in Italy pose for a photo (Photo: VNA)
Rome (VNA) –The Association of Vietnamese Entrepreneurs in Italy (ASSOEVI) held the secondcongress for the 2018-2021 tenure in Rome on November 23.
The congress reviewed the ASSOEVI’s performanceover the past years and set up tasks for the new tenure with a view todeveloping the association, supporting its members’ business activities inItaly, and contributing to economic, trade and investment ties between the twocountries.
Pham Van Hong, ASSOEVI Chairman in the 2011-2018tenure, said founded in 2011, the association has continually expanded andattracted new members, including Italians. It has increased exchanges to boostconnections with Italian organisations and businesses, as well as Vietnameseentrepreneurs’ associations in other European nations, he said.
Additionally, the ASSOEVIhas provided Vietnamese and Italian firms with market information to help withtheir business and investment cooperation, he noted.
Addressing the event, Vietnamese Ambassador toItaly Cao Chinh Thien said the ASSOEVI is a key organisation of Vietnamesepeople in the country. He applauded its contributions to the development of theVietnamese community in Italy and the two countries’ economic and tradepartnerships.
Thien expressed his hope that the ASSOEVI willkeep enhancing its role and solidarity while organising many practicalactivities for the sake of the homeland.
The congress elected a nine-member executivecommittee of the ASSOEVI for the 2018-2021 term.
Vietnam and Italy set up the strategicpartnership in 2013. Italy is now the fourth biggest European economic partnerof Vietnam. Bilateral trade approximated 5 billion USD in 2017. With totalcapital of 389 million USD, Italy ranks 31st among 126 countries andterritories directly investing in Vietnam.-VNA
Permanent Deputy Prime Minister Truong Hoa Binh and a delegation of the Vietnamese Government on October 20 visited priests and practitioners at the Phat Diem guest house in Rome within the framework of their visit to Vatican from October 18-20.
Investment chances in Vietnam, especially once the EU-Vietnam Free Trade Agreement (EVFTA) takes effect, were introduced to Italian entrepreneurs at a workshop in Rome on November 9.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
Participants in the second congress of the Association of Vietnamese Entrepreneurs in Italy pose for a photo (Photo: VNA) 
