Vietnamese group opens representative office in Israel

Khanh Khanh

Jun 21, 2022 / 04:59 PM

The establishment of a representative office of CT Group, the first representative office among Vietnamese corporations in Israel.

Vietnamese CT Group opened its representative office in Israel to promote cooperation with the high-tech and innovation market of the host country.

The opening ceremony sees two memoranda of understanding signed between C.T Group and Israeli groups. Photo: TTXVN

Speaking at the opening ceremony, Tran Kim Chung, Chairman of CT Group, said the establishment of the representative office in Israel is very important, affirming the group's strategy to innovate its business investment model, giving priority to the development of high-tech industries to catch up with the fast growth of the scientific and technological revolution in the world.

The event also witnessed the signing ceremony of two memoranda of understanding (MOU) between VGCT, a member of CT Group, and OBCT-CD24, an Israeli company specializing in scientific solutions for the treatment of lung disease, and between CT Group and Falcon on the application of new technology in construction.

Le Thai Hoa, Vietnamese Trade Counselor in Israel, told Vietnam News Agency that the economic and trade cooperation relationship between Vietnam and Israel is on the rise. The two sides are actively negotiating a bilateral free trade agreement, in order to create a more favorable legal framework for business, investment and service cooperation activities.

He expected CT Group’s pioneering role in opening a representative office in Israel will create an impetus for more Vietnamese businesses to continue to establish a direct presence in the Israeli market in order to seek new cooperation opportunities and make an important contribution to promoting economic, trade, investment and technological cooperation between Vietnam and Israel.

The group is a multi-industry investment and business conglomerate with 50 member units operating in the fields of construction and urban development.

In recent years, it has invested in many high-tech industries such as biology (biotech), finance (fintech), and flytech.

Overseas Vietnamese expected to promote brands abroad

21 Apr, 10:01

The overseas Vietnamese community has played an important role in the country's trade and product promotion activities.

Vietnam honors 50 transparent listed companies as stock market reaches new milestones

Vietnam honored 50 listed companies for excellence in transparency at the 2025 Vietnam Listed Company Awards, which spotlighted standout annual reports, corporate governance and sustainability disclosures amid rising foreign investor interest and growing alignment with international reporting standards.

05 Dec, 06:51 PM

Vietnam to tighten biometric authentication for new bank cards next year

Bank card issuers must conduct a face-to-face meeting and match the biometric data of individual customers or the legal representative of organizational customers with their identity documents.

05 Dec, 10:37 AM

Make in Vietnam forum spotlights breakthroughs shaping digital future in the country

Vietnam will host the seventh National Forum on Vietnamese Digital Technology Enterprises on December 25 in Hanoi, highlighting policy directions, strategic technologies and progress under the “Make in Vietnam” initiative as the country pushes toward a stronger digital economy.

02 Dec, 03:33 PM

Hanoi and Moscow seek new economic momentum as partnership marks 75 years

At the Moscow–Hanoi Business Forum, leaders from both capitals said 75 years of Vietnam–Russia ties provide a strong foundation to deepen economic and investment cooperation, especially in technology, trade and urban development.

02 Dec, 02:17 PM

Vietnam manufacturing maintains strong momentum despite storms disrupting supply chains

Vietnam’s manufacturing sector continued to expand in November, marking the fifth straight month of improvement, even as severe storms caused supply-chain delays and slowed production, according to S&P Global.

01 Dec, 09:13 PM

Techfest 2025 returns to Hanoi, spotlighting Vietnam’s vibrant startup community

Hanoi’s Hoan Kiem pedestrian street will host Techfest Vietnam 2025 from December 12 to December 14, welcoming entrepreneurs, investors and the public to explore emerging technologies and celebrate the country’s growing culture of innovation.

01 Dec, 09:07 PM

Vietnam expands major entrepreneurship program to unlock opportunities for women nationwide

The Vietnam Women’s Entrepreneurship Support Program has surpassed nearly every target set for 2017–2025, empowering more than 118,000 women to launch new ventures and laying the groundwork for a stronger, more inclusive entrepreneurial ecosystem in the next decade.

01 Dec, 07:11 PM

HHTIP accompanies businesses in efficient energy use for sustainability

As green transition becomes a decisive factor shaping future growth, Hanoi is intensifying efforts to push energy efficiency across its industrial zones. The city’s management board is building a development model centered on clean energy, responsible production and sustainable operations.

30 Nov, 02:00 PM