Business

Vietnam remains potential market for Monaco investors: confab

Vietnam is currently a potential and attractive market to Monaco entrepreneurs, especially the more than 60 companies and investors of Monaco participating in an economic conference hosted by the Vietnamese Embassy in Monaco in collaboration with the Monaco Economic Board (MEB) on May 4.
Vietnam remains potential market for Monaco investors: confab ảnh 1The delegation of the Vietnamese Embassy in Monaco visits 3X Engineering Group - a Monaco enterprise having long-term cooperation with Vietnam (Photo: VNA)
Paris (VNA) - Vietnam is currently a potential andattractive market to Monaco entrepreneurs, especially the more than 60 companies andinvestors of Monaco participating in an economic conference hosted by theVietnamese Embassy in Monaco in collaboration with the Monaco Economic Board (MEB)on May 4.

Ambassador Dinh Toan Thang briefed participants on Vietnam’s potential, saying thatthe Southeast Asian country is one of the fastest growing and most dynamiceconomies in the region, with a coastline stretching morethan 3,200 km, many seaports and major international trade routes passingthrough.

Vietnam wants to attract Monaco businesses, especially in seaports, healthcare- pharmaceuticals, tourism, sustainable development and creativity, he said.

Vietnam remains potential market for Monaco investors: confab ảnh 2At 3X Engineering Group (Photo: VNA) 

The diplomat expressed his belief that the economic cooperation between the twocountries will have strong breakthroughs in the future and more and more Monacobusinesses will choose Vietnam as their investment destination.

Monacoentrepreneurs expressed their deep impression of Vietnam's socio-economicdevelopment achievements, especially institutional breakthroughs and preferentialpolicies for foreign businesses.

They said they hope the Vietnamese Government will support and create favourable condition forthem to cooperate and do business successfully in Vietnam, and through Vietnamto enter the ASEAN market./.
VNA
#attractive market #Vietnam #Monaco #dynamic economies #economic conference #Vietnamplus #VIetnam news #Vietnam News Agency Monaco Vietnam
Follow VietnamPlus

Related News

Vietnamese ambassador to Monaco presents credentials

Vietnamese ambassador to Monaco presents credentials

Vietnamese Ambassador to Monaco Nguyen Thiep has presented his credentials to Prince of Monaco Albert II, who expressed his joy at the recent fruitful development of the relations between the two countries.
The Monaco Boys’ Choir perform in Hanoi

The Monaco Boys’ Choir perform in Hanoi

Choosing Vietnam as their first stop on the Asia’s tour, the world-renowned The Monaco Boys' Choir had a fantastic concert at the St. Joseph’s Cathedral, Hanoi.
Vietnam, Monaco to further tap cooperation potential

Vietnam, Monaco to further tap cooperation potential

Vietnamese Ambassador to France and Monaco Dinh Toan Thang presented his credentials to Prince of Monaco Albert II, pledging to contribute to enhancing bilateral friendship and conveying regards from President Nguyen Xuan Phuc to the host.

See more

Coffee production process at Ngon Avatar Co., Ltd. meets the requirements for official exports to New Zealand and several European markets. (Photo: VNA)

Vietnam, New Zealand seek new impetus for trade ties

The state visit to New Zealand by General Secretary of the Communist Party of Vietnam (CPV) Central Committee and President To Lam is expected to provide fresh impetus for market opening, removal of trade barriers and stronger economic links following the elevation of bilateral relations to a Comprehensive Strategic Partnership in February 2025.

A road in Ho Chi Minh City. (Photo: VNA)

Ho Chi Minh City to integrate IoT into smart transport infrastructure

To promote IoT application in smart transport, the Ho Chi Minh City People's Committee Chairman has assigned the Department of Construction to lead the deployment of IoT in the construction, management, operation and maintenance of transport infrastructure. The department will also review and propose integrating IoT sensors and smart monitoring devices into transport construction, renovation and upgrading projects across the city.

Online promotion of lychee and other key agricultural and OCOP products from Bac Ninh province. (Photo: VNA)

Vietnam tightening e-commerce management

Amid the rapid expansion of online commerce, closely linked to consumption, exports, logistics, electronic payments and the digital economy, the legislation is expected to shape the sector’s sustainable future while ensuring a balance between State management, consumer rights and business interests.

At the 19th Ho Chi Minh City International Travel Expo (ITE HCMC 2025) (Photo: VNA)

ITE HCMC 2026 to connect Vietnam's tourism with the world

From its early editions in 2005-2010, which attracted around 210 exhibitors and 120 international buyers from 18 countries, ITE HCMC has grown significantly. This year's event is expected to feature more than 520 exhibitors and brands, 260 international buyers from over 40 countries and territories, and more than 21,000 pre-arranged B2B appointments.

Checking tickets before passengers board the train at Hai Phong Station. (Photo: VNA)

Vietnam-China rail link prioritised to boost trade

The Ministry of Construction said it has tasked the Vietnam Railway Authority with working alongside relevant Chinese agencies to develop detailed plans for the Hai Phong–Ha Long–Mong Cai railway, which is slated for completion in 2026.

Australian Treasurer Jim Chalmers (right) and Vietnamese Minister of Finance Ngo Van Tuan at their meeting in Sydney on August 11 (Photo: Ministry of Finance)

Vietnam, Australia strengthen all-round financial cooperation

Minister of Finance Ngo Van Tuan called on the Australian Government to continue providing official development assistance (ODA), particularly for climate-resilient infrastructure projects, share experience, and provide technical assistance in public financial management reforms.

Delegates press the button to launch the project. (Photo: VNA)

Ca Mau launches 96 million USD wind power project

The project which has a designed capacity of 50MW, will cover around 600ha of sea and land areas, with total investment estimated at 2.5 trillion VND (96 million USD). It comprises a 13km 110kV transmission line, a 63MVA step-up substation, medium-voltage underground cable systems, and wind turbines and their foundations.

A Vietnam Airlines aircraft. (Photo: VNA)

Vietnam Airlines marks 35,000th flight to Australia

Over 35 years of operations, Vietnam Airlines has operated 35,000 flights and carried 7.5 million passengers between Vietnam and Australia, reflecting steady market growth and rising demand for connectivity between the two countries.

A view of the press conference. (Photo: VNA)

2026 Banking Sector Digital Transformation to open in Hanoi

The annual event, which will be held on August 18-19, 2026, at the ICE International Exhibition Centre, 91 Tran Hung Dao Street, Hanoi, is expected to attract around 324 delegates and feature 21 booths representing credit institutions, payment intermediary service providers, and technology companies.