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Russia ranks 22nd among foreign investors in Vietnam

Russia currently ranks 22nd among countries and territories investing in Vietnam with total registered capital of nearly 1 billion USD.
Russia ranks 22nd among foreign investors in Vietnam ảnh 1An oil rig in Bach Ho oil field (Photo: VNA)

Hanoi (VNA) – 🅘Russia currentlyranks 22nd among countries and territories investing in Vietnam with totalregistered capital of nearly 1 billion USD.

Russia projects are mostly invested in oiland gas, manufacturing, mining, transport, telecommunications, and aquacultureand fishing, according to the Foreign Investment Agency under the Vietnamese Ministryof Planning and Investment. Meanwhile, Vietnam has invested in 18projects in Russia, with combined registered and added capital reaching 2.4 billionUSD by the end of March 2018. Most of the investment comes from projects investedby Rusvietpetro joint venture, Hanoi-Moscow Trade Centre Investment JSC and adairy cow breeding and milk processing in Moscow of TH Group. To date, 17 projects have been included inthe list of Vietnam-Russia prioritised projects, which was approved at the 20thsession of the Vietnam-RussiaIntergovernmental Committee for Economic-Commercial and Scientific-TechnologicalCooperation.  These projects are in the spheres of oil andgas, transport, agriculture, electricity, construction, industry and hightechnology. The two sides are working on the roadmap for the implementation ofthe projects.-VNA
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Participants in the congress held on June 19 to establish the Binh Duong Association of Supporting Industries (BASI). (Photo: VNA)

♊ Binh Duong sets up supporting industry association

The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
Pharmaceutical production at a company in Vietnam. (Photo: VNA)

🌸 Vietnam’s pharma sector heats up with major M&A deals

PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
Ngoc Linh ginseng is found within a narrow ecological zone around the peak of Ngoc Linh Mountain. (Photo: VNA)

Quang Nam positioned as medicinal plant hub

The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The official logo of resort airline Sun PhuQuoc Airways (Photo: Sun Group)

ꩲ Official logo of resort airline Sun PhuQuoc Airways announced

Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
High-end apartment projects in Gamuda Gardens Urban Area in Hanoi are developed by Malaysian real estate group Gamuda Land. (Photo: VNA)

𒐪 OECD Economic Surveys: Vietnam 2025 report released

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.
Vietnamese lychees make sweet impression on UK consumers (Photo: VNA)

Vietnamese lychees win over UK consumers

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.
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