☕ Afternoon briefing on January 17

The following is a brief review of the day’s events as reported by the Vietnam News Agency.

☕ Afternoon briefing on January 17

Hanoi (VNA) – The following is a brief review of the day’s events as reported by the Vietnam News Agency.

- Vietnamese Prime Minister Pham Minh Chinh met with Polish President Andrzej Duda at the Presidential Palace in Warsaw on January 16 afternoon (local time) as part of his official visit to the European country.

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At the meeting between Vietnamese Prime Minister Pham Minh Chinh (third, left) and Polish President Andrzej Duda (third, right) at the Presidential Palace in Warsaw. (Photo: VNA)

President Duda spoke highly of the official visit of PM Chinh and the high-ranking delegation of the Vietnamese Government as the two countries are celebrating the 75th founding anniversary of diplomatic relations (1950-2025). He believed that the visit to Poland by a Vietnamese PM after many years will create a turning point to further promote the Poland - Vietnam Comprehensive Partnership. The President highly evaluated Vietnam's role in the Asia-Pacific region. Read full story

- Prime Minister Pham Minh Chinh had meetings with executives of leading Polish businesses, including Adamed Pharma and LOT Airlines, in Warsaw on January 17 morning as part of his official visit to Poland.

Talking to Malgorzata Adamkiewicz, President of the Supervisory Board of Adamed Pharma, PM Chinh congratulated the firm on its effective investment in Vietnam, and welcomed its plan to expand investment, which aligns with Vietnam's investment encouragement policy, particularly in high-tech industries to serve healthcare and improve the quality of life for the Vietnamese people. Read full story

- Vietnamese Prime Minister Pham Minh Chinh’s official visit to the Czech Republic from January 18 to 20 will help further reinforce relations between the two countries, while creating opportunities for stronger cooperation across various fields, said Chairwoman of the Czech Republic - Vietnam Parliamentary Friendship Group Petra Quittova in an interview granted to Vietnam News Agency correspondents in Prague.

Quittova, who is also a member of the Chamber of Depities of the European nation, highlighted that the Vietnam - Czech Republic relationship has flourished over the past 75 years, with much potential still to be tapped into. Read full story

- Vietnam has cemented its position as an attractive destination for foreign businesses looking to expand their operations in Southeast Asia, driven by robust growth and expanding infrastructure.

The country's foreign direct investment (FDI) situation showed remarkable resilience in 2024, with total capital reaching 38.23 billion USD, including new registrations, adjustments, and share purchases. While this represents a modest 3% decline from the previous year, Vietnam's performance stands out amid global investment slowdown, securing a place among the world's top 15 developing nations in terms of FDI attraction. Read full story

- The Southern Coastal Economic Zone of Hai Phong has officially come into being, expected to broaden the development space and growth momentum for the northern port city.

The zone establishment decision was announced at a January 16 conference which also saw the presentation of investment registration certificates to 11 projects in local industrial and economic zones./. Read full story

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Production at Viet Hai High-Tech Structure Production Company Limited in Vung Ang Economic Zone. Ha Tinh province aims to develop Vung Ang Economic Zone into a regional centre for industry, energy, seaports and logistics (Photo: VNA)

Revised master plan of Vung Ang EZ approved

The adjustment aims to create a more rational development framework to maximise the zone’s potential and advantages while providing a legal foundation for construction management and ensuring sustainable development.

Illustrative image (Photo: VNA)

Vietnam looks to domestic market to sustain wood industry growth

Vietnam’s wood sector has long been a top foreign-currency earner. Exports of wood and wooden products neared 17.3 billion USD in 2025, reaching more than 160 countries and territories and clearing the high bars set by the US, the European Union and Japan.

Delegates at the event (Photo: VNA)

Vietnam remains key market for Polish food producers

The campaign promotes selected European Union agricultural and food products, including fresh, chilled and frozen beef and pork, fresh apples, apple juice and dried apples, targeting consumers, importers, distributors, retailers and the hospitality sector.

Wei Xiaoli, a representative of Shandong Jindafeng Machinery Co., Ltd., in an interview granted to the Vietnam News Agency. (Photo: VNA)

Chinese firms see strong potential for agricultural mechanisation cooperation with Vietnam

Business representatives said mechanisation not only helps reduce reliance on manual labour but also improves production efficiency, shortens planting and harvesting times, reduces post-harvest losses and enhances the quality of agricultural products. For rice-producing countries like Vietnam, they noted, accelerating mechanisation is an inevitable trend to strengthen the competitiveness of the agricultural sector.

Community-led fisheries groups have become frontline defenders of coastal fisheries. (Photo: VNA)

Community-led fisheries groups strengthen IUU fight in Ha Tinh

With a long coastline and abundant inshore fishing grounds, Ha Tinh has long identified the marine economy as a key growth driver. However, growing fishing pressure and destructive practices have posed major management challenges. Community-led self-management initiatives are now providing an effective solution.

At the VIFC-HCMC (Photo: VNA)

700 bln USD for net zero: Vietnam bets on VIFC

Assoc. Prof. Dr. Nguyen Huu Huan, Vice Chairman of the Executive Board of VIFC-HCMC, said the VIFC will focus on building market infrastructure needed to bridge the gap between big investment pledges and bankable projects.

A view of the launch ceremony for the expanded Vietnam–China cross-border QR payment service. (Photo: NAPAS)

Over 1 billion Weixin Pay users can make QR code payments in Vietnam

NAPAS, Weixin Pay, and BIDV will study the rollout of the reverse payment service, enabling users of Vietnamese banking applications and e-wallets to make QR code payments in China, with the aim of completing a comprehensive cross-border payment ecosystem between the two countries.

Vietnam cuts retail fuel prices on August 6. (Photo: VNA)

Vietnam cuts retail fuel prices on August 6

The maximum retail price of E5RON92 biofuel was reduced by 1,160 VND to 21,728 VND (0.83 USD) per litre, while that of E10RON95-III fell by 1,035 VND to 22,324 VND per litre.

Production of electronic components at Star Engineers Vietnam Co. Ltd. in Binh Xuyen I Industrial Park in Phu Tho province. (Photo: VNA)

Vietnam targets higher-quality FDI under Resolution 10

During the first seven months of 2026, Vietnam attracted more than 38 billion USD in registered FDI, up nearly 58% year-on-year. More importantly, the increase was driven by large-scale, high-tech projects rather than a surge in the number of new investments, signalling a significant improvement in the quality of capital inflows.

A woodchip production line at a plant in Vinh Thuy commune, Quang Tri province (Photo: VNA)

Tackling timber supply bottlenecks needed for value-added processing: experts

Vietnam's wood industry has grown rapidly in recent years, with exports reaching 17.2 billion USD in 2025. Wood and wood products are now shipped to more than 140 countries and territories, making Vietnam an important processing hub in the global supply chain, with key markets such as the US, Japan, China, the European Union and the Republic of Korea.