Minister welcomes Chinese firm’s plan to expand operations in Vietnam
Minister of Planning and Investment Nguyen Chi Dung has welcomed China Communications Construction Co. Ltd (CCCC)’s plan to expand investment and business activities in Vietnam while meeting a representative of the firm in Beijing on October 19.
The Nghi Son - Dien Chau section of the eastern North - South Expressway project under construction (Illustrative photo: VNA)
Hanoi (VNA) – Minister of Planning and InvestmentNguyen Chi Dung has welcomed China Communications Construction Co. Ltd (CCCC)’s plan to expand investment and businessactivities in Vietnam while meeting a representative of the firm in Beijing onOctober 19.
The meeting tookplace on the sidelines of the third Belt and Road Forum for InternationalCooperation in China, according to the Ministry of Planning and Investment.
Talking to BaiYinzhan, Director of China Harbour Engineering Co. Ltd (CHEC) – a subsidiary of CCCC, Dung said the CCCC is not only abig contractor but also a strategic investor in Vietnam. The company has alsoshared experience, trained manpower, and transferred technology to help Vietnam effectively and sustainably develop and manage infrastructure, thus contributingto the two countries’ cooperation in infrastructure development.
The minister also pointed out certain shortcomings in someinfrastructure projects carried out by Chinese businesses in Vietnam.
For his part, Bai noted that the CCCC has operated in Vietnam since 1996 and successfullyimplemented 20 infrastructure and energy infrastructure projects in the country,including Hanoi - Hai Phong Expressway, Cai Mep - Thi Vai Terminal, Vinh Tanthermal power plant, and some wind power projects.
Ithopes to take part in major infrastructure development projects in Vietnam suchas the North - South high-speed railway, expressways, and wind power projects, hesaid, pledging that the CHEC will work harder to fruitfully participate ininfrastructure development projects in Vietnam so that the CCCC will become atrue bridge of cooperation and friendship between the two countries./.
President Vo Van Thuong leads a high-ranking Vietnamese delegation to attend the 3rd Belt and Road Forum for International Cooperation in Beijing, China, from October 17-20. His trip is made at the invitation of General Secretary of the Communist Party of China and President of China Xi Jinping.
Two cold-chain freight trains carrying fruits and vegetables left southwest China's Yunnan province for Laos and Vietnam respectively on October 16, marking the launch of international cold-chain train services on China-Laos, China-Vietnam routes.
Vietnam has attached much importance to its friendly neighbourliness, and comprehensive strategic cooperative partnership with China, seeing this as a top priority in the country’s foreign policy of independence, self-reliance, multilateralisation and diversification, Deputy Minister of Foreign Affairs Nguyen Minh Hang has said.
President Vo Van Thuong suggested three pillars for cooperation in digital economy while addressing the third Belt and Road Forum for International Cooperation (BRF) in Beijing, China, on October 18.
Vietnamese President Vo Van Thuong received Liang Hua, Chairman of Huawei – a leading Chinese group in ICT infrastructure, digital energy, cloud computing and terminal equipment, in Beijing on October 19 on the sidelines of the third Belt and Road Forum for International Cooperation.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
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.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
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 Nghi Son - Dien Chau section of the eastern North - South Expressway project under construction (Illustrative photo: VNA) 
