Vietnam seeks trade links with western Mexico

Vietnamese Ambassador Le Thanh Tung has introduced Vietnam’s business environment as well as the country’s incentives for foreign investors at a trade and investment forum held recently in the western Mexican state of Jalisco.
Vietnamese Ambassador Le Thanh Tung has introduced Vietnam’sbusiness environment as well as the country’s incentives for foreigninvestors at a trade and investment forum held recently in the westernMexican state of Jalisco.

The ambassador attendedthe event together with representatives from several other SoutheastAsian countries, including Thailand, Indonesia, the Philippinesand Singapore.

Ambassador Tung briefed the forumon Vietnam’s significant achievements recorded during the pasttwo-decade renewal process and solutions to ease impacts of the globaleconomic crisis on the national economy.

With apopulation of over 90 million people, Vietnam is seen as a majormarket in the region, the diplomat said, noting that the country hasbecome the world’s leading rice exporter.

On thisoccasion, the Vietnamese Embassy’s Commercial Counselor Hoang Tuan Vietdistributed documents to participants at the forum, that provide usefulinformation about Vietnam’s economic development, including a list ofthe country’s 30 major export items.

Many Mexicanbusinesses showed their interest in Vietnamese products such as bikes,electronic components, information-technology, ceramics, rice andgarments and textiles.

Chairman of the ForeignAffairs Committee for the Asia-Pacific, Senator Teofilo Torres Corzo,Jalisco Governor Rafael Mejorada Flores and Colima state’s GovernorMario Anguiano Moreno, and Chairman of the Business Council for Foreigntrade, Investment and Technology of Western Mexico Salvador Cuevas Acunaexpressed their wish to establish trade partnership with SoutheastAsian countries. They also called on Southeast Asian enterprises toinvest in western Mexico.

Mexico exports 5 billion USD worth of goods each year to the ten-member Association of South East Asian Nations (ASEAN).

Encompassing Jalisco and Colima states, Western Mexico has a population of 8 million people.

As one of the country’s key economic regions, only after Mexico City,the region specilises in producing footwear, garments and textiles,information-technology and fishing.-VNA

See more

National Highway 61C (Photo; baohaugiang.com.vn)

Hau Giang, JICA to upgrade national highway

National Highway 61C linking Can Tho city with Hau Giang province will feature four lanes for motor vehicles and two for non-motorized traffic, with an estimated cost of over 5.17 trillion VND (206.8 million USD).

At the ceremony (Photo: nhandan.vn)

Ha Nam grants investment certificates for two key projects

Ha Nam province on February 13 licenced the high-precision circuit board manufacturing plant of Red Board Technology (Vietnam) Co., Ltd., and the kitchenware and related metal products manufacturing plant of Casla Kitchenware JSC.

A total of 18,893 cars were sold in Vietnam in January, a drop of 40% compared to the previous month (Photo: VietnamPlus)

Car sales in Vietnam down 40% in January

Experts attributed a sharp decline in car sales to the Lunar New Year (Tet) holidays, impacting consumers' purchasing power. Consumers tend to wait for new models and releases at this time of year, contributing to lower sales during this period.

Illustrative image (Photo: VNA)

Retail fuel prices in latest adjustment

According to the new pricing, E5 RON92 bio-fuel is now priced at 20,598 VND per litre, up 156 VND, while RON95-III costs 21,074 VND per litre, an increase of 146 VND.

NA Chairman Tran Thanh Man speaks at the session on February 13. (Photo: VNA)

NA weighs new policies to boost science, technology, innovation

The resolution, presented at the February 13 session of the NA Standing Committee, seeks to establish a legal framework that would effectively boost national scientific-technological advancement and digital transformation, making them driving forces for socio-economic development to deliver on the dual targets by 2030 and 2045 as outlined at the 13th National Party Congress.

CPI in January 2025 rose by 0.98% compared to December 2024 (Photo: thoibaotaichinhvietnam.com)

Fiscal, monetary policies support demand stimulation, price stabilisation

These efforts, in conjunction with the implementation of monetary policies and other macroeconomic policies, aim to solve difficulties for businesses and the public, stabilise the macroeconomy, control inflation, ensure the balance of the economy, promote economic growth, and secure social welfare and people's livelihoods.

People line up to register for land auctions in Hoai Duc district, Hanoi. (Photo: VNA)

Affordable housing for young buyers a win-win: HoREA

Most young people are ambitious and have a long career path ahead of them to generate income and repay loans. Typically, within 10-15 years, their earnings will double or triple, making such loans low-risk for banks, said HoREA