Omani Ambassador to Vietnam Sultan bin Saif bin Hilal Al Mahrouqi asked for information on infrastructure projects in Hanoi for investment promotion during his meeting with the city mayor on May 16.
Omani Ambassador to Vietnam Sultan bin Saif bin Hilal Al Mahrouqi (L) and Chairman of the Hanoi People’s Committee Nguyen Duc Chung at the meeting (Photo: hanoimoi.com.vn)
Hanoi (VNA) – Omani Ambassador to Vietnam Sultan bin Saif bin Hilal Al Mahrouqi askedfor information on infrastructure projects in Hanoi for investment promotionduring his meeting with the city mayor on May 16.
Receiving AmbassadorSultan bin Saif bin Hilal Al Mahrouqi, Chairman of the Hanoi People’s CommitteeNguyen Duc Chung said he hopes the diplomat will help connect Omani investorswith Vietnamese enterprises.
He notedthat the capital city is calling for investment in a range of infrastructureprojects on transport, clean water supply, environmental sanitation and wastetreatment, adding that these projects will be carried out in the next fiveyears.
Chung said Vietnam-Omanpartnership will be included in the agenda of a conference on investment anddevelopment in Hanoi scheduled for June. He invited the diplomat to take partin the event.
The Omaniambassador accepted the invitation and affirmed that he will push for Omaniinvestments in Hanoi through the Oman Chamber of Commerce and Industry.
He stressedthe potential of the Omani market and suggested Vietnamese firms export more tourismand food products to the Middle East country.-VNA
The Vietnam Chamber of Commerce and Industry (VCCI) and its Omani counterpart on Jan. 10 signed an agreement to establish the Vietnam-Oman Business Council.
Vietnam will provide Oman with a stable amount of farm products and foods in the long term as agreed at the first meeting of the two countries’ first joint cooperation committee.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.