Prime Minister attends Vietnam-Türkiye business forum in Ankara

Prime Minister Pham Minh Chinh suggested Türkiye recognise Vietnam’s full market economy status and the two sides negotiate a free trade agreement while addressing a business forum in Ankara on November 30 (local time).
Prime Minister attends Vietnam-Türkiye business forum in Ankara ảnh 1Prime Minister Pham Minh Chinh speaks at the business forum in Ankara on November 30 (local time)(Photo: VNA)
Ankara (VNA) – Prime Minister Pham MinhChinh suggested Türkiye recognise Vietnam’s full market economy status and thetwo sides negotiate a free trade agreement while addressing a business forum inAnkara on November 30 (local time).

Jointly held by the Vietnamese Ministry of Planningand Investment, the Vietnamese Embassy in Türkiye, and the Foreign EconomicRelations Board of Türkiye, the event brought together representatives fromministries, agencies and localities, and nearly 200 corporate leaders of thetwo countries.

PM Chinh congratulated Türkiye on its outstandingdevelopment to join the group of the 20 largest economies in the world (G20).

He briefedthe participants on Vietnam’s national construction and foreign policy,stressing the country aims to build an independent, self-reliant economy in parallel with proactive and effective international integration.

Vietnam is focusing on three strategic breakthroughs,covering institution building and perfection; infrastructure; and humanresources development and administrative reform, he said.

An open policy system, smooth infrastructure andsmart administration will help foreign investors operate stably and effectivelyin the Southeast Asian nation, the leader emphasised.

Vietnam wishes to cooperate in digital economy,green transition, circular economy, knowledge-based economy, and sharingeconomy, with science, technology and innovation as new driving forces for nationaldevelopment, the PM continued.

The Government leader affirmed that Vietnam always createsoptimal conditions for large, high-tech, and experienced enterprises, includingthose from Türkiye, to operate in the country.

He held that ample room remains for the twocountries to boost their collaboration, yet cooperation mechanisms remainlimited. Therefore, Türkiye’s recognition of Vietnam’s full market economy statusand a free trade agreement will facilitate the operations of their businesses.  

According to the PM, both countries have expressedtheir wish to advance their relationship to a new height, thus helping topromote cooperation in all fields, from politics and diplomacy, to economy,trade, investment, culture, tourism and people-to-people exchange.

Representatives from Turkish ministries andbusinesses said that Türkiye wishes to cooperate with Vietnam in transportinfrastructure, household utensil production, science-technology, finance,aviation, logistics, renewable energy, pharmaceuticals, agriculture, and theHalal industry.

The Turkish side said it wants to penetrate deeplyinto the potential Vietnamese market and enter the ASEAN market through thecountry.  

Statistics show that two-way trade reached 2.4billion USD in 2022, which is expected to rise in the time ahead. Türkiye is nowVietnam’s largest direct investor from the Middle East region, with a totalregistered capital of nearly 1 billion USD.
A number of agencies and businesses of the two countries signed cooperation agreements on this occasion.

Prime Minister attends Vietnam-Türkiye business forum in Ankara ảnh 2PM Pham Minh Chinh and IC Investment Holding Board Chairman Ibrahim Cecen (Photo: VNA)
On the same day, Chinh received the Chairperson of theBoard of Directors and leaders of the Turkish giant IC Holdings, a multi-industry groupoperating mainly in the construction sector.

Vietur, a consortiumled by its IC Ictas, has won the 35 trillion VND (1.44 billion USD) biddingpackage to build the terminal for Long Thanh International Airport in thesouthern province of Dong Nai.

The IC Holdings representatives lauded the investmentenvironment in Vietnam, and noted their wish to coordinate closely withVietnamese agencies and businesses to effectively implement the bidding package,while expanding cooperation and investment in essential infrastructure, energyand health care.

Chinh suggested the group coordinate closely withthe Vietnamese Ministry of Transport and relevant agencies and localities todeploy the bidding package effectively as scheduled and ensure the set quality.

The PM suggested IC Holdings seek investment opportunities in other specific projects in the areas ofits strengths and Vietnam’s priorities, especially infrastructure construction,industry, energy, tourism and smart city building./.
VNA

See more

Prime Minister Le Minh Hung speaks at the meeting (Photo: VNA)

PM orders power plan overhaul to meet double-digit growth

Securing adequate power supply is an urgent priority and a prerequisite to successfully achieve socio-economic development goals 2026, a foundational year for accelerating progress, with breakthroughs to follow in 2027 and the goals for the full term to be delivered, said Prime Minister Le Minh Hung.

General Secretary of the Communist Party of Vietnam Central Committee and President To Lam speaks at the meeting (Photo: VNA)

Top leader pledges support for firms, presses tech self-reliance

The country needs more firms that master technologies, build trusted brands and run production networks able to compete globally. Progress over the next five to 10 years must show up in productivity, job quality and market position, said top leader To Lam.

Then Prime Minister Pham Minh Chinh addresses the Autumn Economic Forum 2025 on November 26 last year. (Photo: VNA)

World Economic Forum to co-brand Autumn Economic Forum 2026 in Ho Chi Minh City

On October 27, the forum will host 16 thematic sessions across three parallel venues, focusing on AI – quantum, finance – digital economy – autonomy, and manufacturing – sustainability – next generation. Two sessions will be jointly organised with the WEF, addressing “Repositioning Vietnam and ASEAN in Global Value Chains” and “From AI Deployment to Future Manufacturing Workforce Readiness”.

Nguyen Dinh Kien, Secretary of the Sam Mun commune Party cell in Dien Bien province, builds wealth through spotted deer farming. (Photo: VNA)

📝OP-ED: Party Central Committee’s 4th plenum offers new thinking encouraging Party members to engage in business

Accordingly, the plenum reached a consensus on several key principles, including shifting from a mindset of “permission” to one of “encouragement and facilitation” for Party members engaging in the private sector; protecting their lawful economic activities; and maintaining strict oversight of those exercising control and benefiting from such activities.

AVAC ASF LIVE vaccine developed and manufactured by AVAC Vietnam Joint Stock Company. (Photo: avac.com.vn)

Vietnam ships first commercial ASF vaccine order to Philippines

Nguyen Van Diep, General Director of AVAC Vietnam, said this was the company’s first commercial export order following the Philippines’ approval of the vaccine for unrestricted circulation. The Philippine Department of Agriculture is expected to issue usage guidelines next week, paving the way for wider distribution and application.

Workers process octopus for export to the Japanese market at Huy Nam Company in An Giang province. (Photo: VNA)

Fisheries sector strives for 12 billion USD in exports amid rising costs

The 12-billion-USD export target remains achievable given solid output growth and generally favourable market conditions. However, any fourth-quarter slowdown would not necessarily reflect raw material shortages but also impacts on economic efficiency amid rising material and fuel costs.

Commercial Counsellor at the Vietnamese Embassy in China Nong Duc Lai (Photo: VNA)

Vietnam-China trade growing rapidly, substantive: Commercial Counsellor

According to the Vietnam Customs data, bilateral trade hit 253.1 billion USD in the first nine months of this year, up 37.6% annually. Vietnam’s exports to China rose 32.9% to 65.8 billion USD while imports climbed 39.3% to 187.3 billion USD. China accounted for around 41.3% of Vietnam’s imports and 15.2% of its total exports.

Vietjet Air leaders and flight crew pose for a photo with guests at the launch ceremony. (Photo: VNA)

Vietjet launches Prague–Hanoi route

Vietjet Air operates the Prague–Hanoi route twice a week using Airbus A330-300 aircraft with a capacity of 377 passengers. Flights depart Prague at 8:55 p.m. every Tuesday and Saturday and arrive in Hanoi at 4:20 p.m. the following day, local time. In the opposite direction, flights leave Hanoi at 8:25 a.m. and arrive in Prague at 6:55 p.m. The route includes a stop in Almaty, Kazakhstan.

At Yen Phong II-C Industrial Park in Bac Ninh province (Photo: VNA)

Tax policy stability now key to keeping foreign investors: Officials

Companies must ensure records and data truthfully reflect the substance of transactions and engage in dialogue early when complex issues arise. Tax authorities, in turn, need to publish policies, give clear guidance, enforce rules consistently and deliver information in a timely manner.

The MoU signing ceremony between the gency for Domestic Market Surveillance and Development and Procter & Gamble (P&G). (Photo: Ministry of Industry and Trade)

Vietnam steps up fight against counterfeits, IP violations

The renewed memorandum between Vietnam's domestic market surveillance force and Procter & Gamble (P&G) is expected to build on the results achieved since 2023, strengthen IP enforcement, safeguard the legitimate rights and interests of businesses and consumers, and contribute to a more transparent and fair business environment.