Economic collaboration forum to boost link between HCM City, Porto
An economic cooperation forum between Ho Chi Minh City and Portugal’s Porto city has opened in the European city to promote economic links between the two cities.
Delegates at the Economic Collaboration between Ho Chi Minh City and Porto (Photo: VNA)
Porto (VNA) – An economic cooperati🌞on forumbetween Ho Chi Minh City and Portugal’s Porto city has opened in the European cityto promote economic links between the two cities.
This was one of the highlights of the Vietnam-Ho Chi Minh CityFestival held in Porto from July 28-30 by the HCM City's Investment and Trade Promotion Centre in collaborationwith the Vietnamese Embassy in France concurrently Portugal and the administration of Porto city. At the forum, leaders of the two cities introduced their economic overviews and policy environment to attract investment, as well as potentials for cooperation in several fields, including services, tourism and culture ofeach locality.
The event is one of the highlights of the Vietnam-Ho Chi Minh City Festival held in Porto from July 28-30 (Photo: VNA)
The Vietnamese trade representative in France and Portugal also provided information on opportunities and challenges of the hostcountry market, as well as notes for Vietnamese businesses that want to do business in Europe in general or in Por꧂tugal in particular.
José Pedro Busano de Sousa Vieira, Chairman of Portuguese Cultural Association, expressedhis delight at the freshly signed Memorandum of Understanding (MoU) on cooperationbetween the two cities in the 2023-2025 period, thus contributing to promoting the ties of the localities. Vice Chairman of the HCM City People’s Committee Duong Anh Duc said he believes that along with the free trade agreement between the European Union and Vietnam (EVFTA), the recently signed trade deal between the two localities will be an important premise for further improving the efficiency of cooperation between the two cities, as well as with other localities of Portugal and the EU. He affirmed that the city administration will constantly improve its investment environment and accompany foreign enterprises in the process of effective, safe and long-term investment, production and business in the locality./.
Ho Chi Minh City and Portugal’s Porto city on July 27 signed a memorandum of understanding (MoU) on cooperation between the two cities in the 2023-2025 period.
A festival is underway in Portugal’s Porto city, aiming to promote the beauty of Vietnam and its Ho Chi Minh City, and enhance economic ties between the two cities.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Delegates at the Economic Collaboration between Ho Chi Minh City and Porto (Photo: VNA) 
The event is one of the highlights of the Vietnam-Ho Chi Minh City Festival held in Porto from July 28-30 (Photo: VNA) 
