People in Timor-Leste register for Viettel’s 4G SIM card (Source: internet)
Hanoi (VNA) – Vietnamese firms have hada lot of success while investing in foreign markets.
The military-run telecom giant Viettel announcedthe total amount of profit transferred to Vietnam from its foreign ventures was1.3 billion USD by the end of 2017.
Revenues from foreign investment, includingsales of Viettel Global and the Peruvian market, exceeded 38 trillion VND (1.7billion USD) in 2017, showing a year-on-year rise of 38 percent, more than ninetimes the average growth rate of the global telecommunication industry.
In the second quarter of 2018, Viettel willlaunch services in Myanmar, its 10th foreign market after Cambodia,Laos, Timor Leste, Haiti, Peru, Mozambique, Cameroon, Burundi, and Tanzania.
Meanwhile, TH True Milk, a leading milkproducer, said it is waiting for the first products from its first dairy farmin Russia, which was inaugurated earlier this year.
TH True Milk hopes to reap success like FPT –the largest information technology service company in Vietnam - has had in theUS, Europe and Japan and Vinamilk in the US and Cambodia.
Effective business operation will encourage moreVietnamese businesses to invest abroad.
Apart from traditional markets such as Laos,Cambodia and Myanmar, Vietnamese businesses are expanding to other markets likeAustralia, New Zealand, the US, Canada, Haiti and Cameroon.
Major banks such as the Joint Stock CommercialBank for Investment and Development of Vietnam (BIDV), the Vietnam Joint StockCommercial Bank for Industry and Trade (Vietinbank), the Saigon Thuong TinCommercial Joint Stock Bank (Sacombank), the Military Bank (MB) and theSaigon-Hanoi Commercial Joint Stock Bank (SHB) are seeking to make inroads innew foreign markets.
According to the Foreign Investment Agency underthe Ministry of Planning and Investment, finance and banking is leading theVietnamese sectors in pouring investment abroad with newly-registered andincreased capital of 105 million USD in the first four months of this year,making up 68.3 percent of the country’s total investment in foreignmarkets.-VNA
The Vietnam Export Promotion Forum 2018 was held in Hanoi on April 24 to seek solutions to boost the export of Vietnamese-branded products in a fast and sustainable manner.
Vietnam needs more preferential policies to attract foreign investors in the environment as the country’s demand for investment in the field is huge, but the capacity of domestic businesses remains limited, heard a seminar in Ho Chi Minh City on May 9.
Producing high-quality products will enable Vietnamese businesses to make inroad into the global market, experts said at a workshop in Hanoi on May 10.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
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.
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.
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 North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
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.
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.
People in Timor-Leste register for Viettel’s 4G SIM card (Source: internet) 
