Maltese firms eager for cooperation with Vietnam

Maltese firms wish to do business with Vietnam in the fields of infrastructure, financial service, tourism and training, and many of them are ready to make inroads into the country.
Maltese firms eager for cooperation with Vietnam ảnh 1Cai Mep nternational port in Ba Ria-Vung Tau province - Illustrative image (Source: VNA)

Rome (VNA) – Maltese firms wish to do business with Vietnam in the fields of infrastructure, financial service, tourism and training, and many of them are ready to make inroads into the country, a Vietnamese diplomat said following a business workshop in Malta’s capital.

The workshop was held recently in Valetta by the Vietnamese Embassy for Italy and Malta and Malta’s Chamber of Commerce, Industry and Investment.

At the event, Vietnamese Ambassador to Italy and Malta Cao Chinh Thien briefed participants on Vietnam’s door-opening policies to promote cooperation in investment, economics and trade with foreign counterparts, and Vietnam’s socio-economic development in the recent time.

He highlighted fruitful development of the bilateral political and diplomatic ties between Vietnam and Malta over the last 40 years, but noted that economic connection between the two countries has yet to match the existing potential.

Thien affirmed that economic and trade links will be a priority in bilateral relations in the coming time.

Vietnamese Trade Counsellor Bui Vuong Anh also provided detailed information about export-import and investment between Vietnam and Malta, stressing that the two sides should strengthen connection in Malta’s fields of strength such as maritime transport, foreign trade logistics, banking-finance, and tourism service.

Maltese and Italian entrepreneurs who have done business in Vietnam shared their experience in operating in the Southeast Asian nation.

Earlier, Ambassador Thien and Trade Counsellor Anh had meetings with representatives from the Malta Financial Services Authority to discuss possibilities for cooperation in financial service.

Becoming a member of the Europe Union in 2004, Malta is said to be a gate to Europe and North Africa for international businesses, especially in maritime, logistic and financial service.

The country can be an entrepôt for Vietnamese goods before entering the EU, East-South Europe and North Africa, especially as Vietnam and the EU are expected to sign a free trade agreement in the time ahead.

The Malta Chamber of Commerce, Enterprise and Industry is scheduled to organise a market-research tour to Vietnam in 2017 for Maltese businesses.-VNA

VNA

See more

At an automotive exhibition in Shanghai, China. (Photo: AFP/VNA)

Chinese electric vehicles drive back into Vietnamese market

About a decade ago, Chinese car brands like Zotye Z8, Beijing X7, and Brilliance V7 entered the Vietnamese market to limited success. But a new fleet of modern Chinese vehicles began to gain traction in the Vietnam market last year.

Illustrative image (Photo: VNA)

Nearly 16 trillion VND raised through January bond auctions

The January auctions saw a strong preference for 10-year and 15-year bonds, representing 80.2% and 14.8% of the total, respectively. Specifically, 10-year bonds raised 12.81 trillion VND, while 15-year bonds garnered 2.36 trillion VND.

Thang Long ferry at Cau Da port in Ba Ria - Vung Tau province. (Photo: VNA)

Vung Tau - Con Dao high-speed ferry reoperated

The high-speed ferry service connecting Vung Tau city and Con Dao island in the southern province of Ba Ria-Vung Tau and vice versa was resumed on February 7 by Phu Quoc Express JSC after a 5-month suspension.

At the working session between the Vietnam Directorate of Market Surveillance and the US Embassy over counterfeit Sunview-branded raisins in Hanoi on February 7. (Photo: dms.gov.vn)

Vietnam, US tackle counterfeit Sunview-branded raisins

Statistics showed that since 2024, there have been 27 documented cases involving Sunview raisins, resulting in fines of over 536 million VND (21,440 USD), primarily due to the sale of smuggled goods and products of unclear origin.

The VF3 model manufactured by VinFast is the most popular model in Vietnam's market. ( Photo courtesy of the company)

EVs will no longer be exempt from registration fees

Instead of enjoying a zero percent registration fee, battery-powered electric vehicles (EVs) will be required to pay 50% of the fee applicable to internal combustion engine cars with the same seating capacity.

Thuan An Fishing Port (Photo: tuoitrethudo.vn)

Thuan An fishing port opens, boosting Hue’s seafood industry

The second docking area of Thuan An Fishing Port has a minimum cargo handling capacity of 20,000 tonnes per year, and is capable of simultaneously accommodating 500 fishing vessels of at least six metres in length for docking and storm shelter.

Vietnamese prefer buying gold to mark God of Wealth Day (Photo: VNA)

Gold prices up again on God of Wealth Day

Gold prices surged significantly, exceeding the threshold of 90 million VND (3,550 USD) per tael at the opening session of the God of Wealth Day on February 7 (the 10th day of the first lunar month).