HCM City (VNS/VNA) - The British Embassy in Hanoi and Consulate General in Ho Chi Minh City organised a visit for the Vietnam Energy Mission to the UK from June 16 - 23.
A delegation of 12 officials from the Electricity Authority under the Ministry of Industry and Trade, Vietnam Electricity (EVN) and the Petrovietnam Technical Services Corporation had a working programme in London and the cities of Hull and Grimsby, exploring cooperation opportunities and connecting with potential partners.
They participated in a workshop titled "UK Experience sharing on designing offshore wind auction and consenting process," the "Global Offshore Wind 2025" conference and exhibition and the "Roundtable Project Financing for Offshore Wind Projects in Vietnam."
Held in London, they attracted leading experts from the private and public sectors in Britain, who provided recommendations for Vietnam to create a legal framework and develop a supply chain quickly to attract foreign investment and achieve its target of 17,000MW of offshore wind power capacity by 2035.
Petrovietnam executives visited Hull and Grimsby in the Humber region, which is home to the Hornsea offshore wind cluster.
They called on operation and maintenance company Xceco, the Siemens Gamesa blade manufacturing factory, the Grimsby Offshore Training Centre, and the Port of Grimsby.
They engaged and exchanged ideas to gain a comprehensive and detailed understanding of the role of infrastructure development, private investment and long-term planning in a specialised industry like offshore wind.
PTSC also showcased the positive developments in Vietnam to attract attention and create a foundation for collaboration with partners in the UK.
British consul general in HCM City, Alexandra Smith, said: "The clean energy industry is the future of not only Vietnam but the whole world. The UK appreciates Vietnam's target to install 17GW of offshore wind by 2035 and its commitment to completing the legal framework and developing the supply chain for this sector.
“These commitments are sending a strong message and attracting resources from around the world.
“The UK government has always been a partner of Vietnam in the energy transition. Specifically, we are always actively promoting collaborative initiatives, such as the Just Energy Transition Partnership (JETP) and the Centre of Excellence for Offshore Wind in Vietnam, that will soon deliver practical results.”/.
See more
Fitch Ratings gives positive assessment of Vietnam’s economic fundamentals
Deputy Minister Tran Quoc Phuong stressed that Fitch’s credit assessments have enhanced Vietnam’s image and credibility in international financial markets, and provided additional motivation for the country to continue improving institutions, strengthening policy management efficiency and increasing economic transparency.
Da Nang jumps 212 spots in global startup ecosystem rankings
The strong improvement highlights the growing momentum of Da Nang’s innovation and startup ecosystem amid increasing global competition to attract technology, innovation and high-quality human resources.
Vietnam racks up 4.5-billion-USD trade surplus with Singapore on domestically-sourced goods
During the four-month period, Vietnam held its position as Singapore’s 10th largest trade partner, with bilateral trade surging 43.7% year-on-year to 18.8 billion SGD. Singapore’s exports to Vietnam totalled 10.2 billion SGD, up 8.9%, while imports leapt 133% to 8.5 billion SGD.
Hanoi strengthens oversight of transition to E10 biofuel
To ensure compliance with the transition roadmap, the Hanoi Market Surveillance Sub-Department has requested petrol traders to proactively review and upgrade storage tanks, fuel pumps and other technical conditions necessary for E10 distribution, thereby preventing disruptions to fuel supply serving consumption and production demands across the capital.
Belgian, European firms seek stronger trade, investment ties with Vietnam
Trade and investment between Vietnam, Belgium and the broader EU market is expected to continue growing strongly, particularly in green economy development, energy transition, high technology and digital transformation.
📝OP-ED: Vietnam’s tax reform: Fair play, not revenue squeeze
At a time when social media disinformation grows more sophisticated, transparency and public disclosure are the most potent counter to distortions. Facts, data and real-world results deliver the strongest rebuttal to attempts that twist reality and erode trust in tax administration reform.
Ho Chi Minh City listed among global Top 100 startup ecosystems
The southern economic hub climbs 12 places from 2025 to rank 98th globally, marking its highest position ever in StartupBlink’s rankings.
Reference exchange rate up 2 VND on May 20
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,392 VND/USD, and the floor rate 23,878 VND/USD.
Supporting industry infrastructure map launched to promote global supply chain integration
The platform aims to strengthen domestic supply chain linkages, increase localisation rates and improve the competitiveness of Vietnamese manufacturers in global production networks.
Seminar on trade promotion in South American market to take place in Hanoi
A seminar on opportunities and challenges in developing the South American market will be held in Hanoi on May 28. It aims to provide updates on the economic outlook, market trends and import demand in South America, particularly in Argentina and Chile, amid continued fluctuations in global supply chains.
LG Energy Solution, Honda eye Vietnam’s e-motorbike market
LG Energy Solution, Honda and Hanoi agreed to install battery-swapping stations in central Hanoi, develop standardised battery and safety management systems, and build a business platform model for electric motorbikes.
Vietnam eyes balanced, sustainable trade ties with US
Vietnam values and places great importance on support from international partners, including the US, which it considers a leading strategic partner.
India pushes stronger agri-food cooperation with Vietnam
Experts noted that Vietnam has established itself as one of Southeast Asia’s leading agricultural product exporters, while India remains a major global supplier of agricultural and food products. By combining India’s production capacity and technological strengths with Vietnam’s dynamic processing and export ecosystem, the two countries can build more resilient supply chains in the region.
Meet Australia 2026 promotes sustainable partnership opportunities
Meet Australia 2026 is not only a trade and investment promotion event but also a forum connecting trust, vision and action between Vietnam and Australia, as well as between national-level cooperation orientations and development needs of localities and businesses from both countries.
Authorities ordered to closely monitor rollout of E10 biofuel from June 1
According to the agency, the move is aimed at ensuring the effective and synchronised implementation of the E10 transition roadmap under Circular No. 50/2025/TT-BCT, issued by the Ministry of Industry and Trade on November 7, 2025. The plan seeks to avoid delays or supply disruptions that could affect the domestic fuel market.
Da Nang begins 1.5-trillion-VND expansion of international terminal
The project, invested by the Da Nang International Terminal Investment and Operation Joint Stocks Company (AHT), aims to meet rising demand in the international aviation market while enhancing operational capacity and passenger services.
Smart city development crucial to Vietnam’s growth ambitions in digital era
Urban areas currently contribute around 70% of Vietnam’s GDP, but experts warned that if cities continue to develop under traditional models, room for their growth will gradually narrow.
Work starts on major National Highway 1A urban expansion project
The project covers the section from Ring Road No.1 to the Cau Gie interchange and is considered one of the capital city’s key transport infrastructure projects.
Vietnam, India promote digital economy cooperation towards 25 bln USD trade target
With the strengthened Comprehensive Strategic Partnership, the rapid growth of digital economies in both countries and complementary strengths in technology, manufacturing and markets, Vietnam and India are well positioned to build a deeply connected digital trade ecosystem and enhance their participation in global value chains.
Vietnam showcases economic potential, investment opportunities in St. Petersburg
Vietnamese Ambassador to Russia Dang Minh Khoi stressed that economic cooperation between Vietnam and Russia is entering a new phase with promising opportunities for growth. He praised this year’s programme for combining a business roundtable, a youth business forum and traditional cultural and culinary activities, creating both an academic platform for dialogue and an opportunity to deepen mutual understanding between the two countries' people.