A corner of Viet Tri city in Phu Tho (Source: baophutho.vn)
Washington DC (VNA) – A conference promotinginvestment in Phu Tho province in northern Vietnam took place inWashington DC on August 22.
At the event, Chairman of the provincial People’sCommittee Bui Van Quang affirmed that Phu Tho is ready to welcome US enterprisesand investors and stand side by side with them throughout their investment andoperation processes.
Vietnamese Ambassador to the US NguyenQuoc Dung stated that the embassy will connect Vietnamese and US partners in the spirit of harmonised interests and shared risks set by the Prime Minister.
With favourable geographic location, about 50km from Hanoi’s Noi Bai international airport, Phu Tho boasts potential and conditions for the development of industry,agriculture, services, and trade.
Its economy has grown 7.86% on an annual basis in recent years, reaching 3.5 billion USD in 2021. The local import-export revenuesurpassed 16 billion USD last year and topped 12 billion USD in the first halfof 2022.
In Viet Tri city (Source: viettri.gov.vn)
Currently housing over 200 valid foreign-funded projects,the province is looking to attract investment in advanced technology, cleanenergy, IT, electronic devices, supporting industries, health care, and education,among others./.
Exports-imports in the northern mid-land province of Phu Tho continued increasing in the first half of this year thanks to its abundant stocks of materials and stable production-trade activities.
The northern province of Phu Tho has set a target of luring 2-2.5 billion USD in foreign direct investment (FDI) and disburse up to 70 percent of the sum by 2025.
FLC Group on January 8 started construction on a 10 trillion VND (440.7 million USD) eco-resort tourism complex, FLC Phu Tho, in the northern province of Phu Tho.
Phu Tho province’s efforts to improve its business and investment environment have paid off evidenced by the fact that the northern midland locality has attracted many important projects which are expected to help open up more socio-economic development opportunities.
The northern mid-land province of Phu Tho is striving to have 56 more products meet the One Commune, One Product (OCOP) programme standard as a three star or higher manufactured goods ranking.
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.
A corner of Viet Tri city in Phu Tho (Source: baophutho.vn) 
In Viet Tri city (Source: viettri.gov.vn) 
