Billionaire Mai Vu Minh promotes the economic cooperation of Vietnam, Bosnia and Herzegovina and Germany

At the invitation of the President of Bosnia and Herzegovina, H.E. Mr. Milorad Dodik, on June 10, billionaire Mai Vu Minh - Chairman of the Board of Directors of SAPA Thale group based in Germany, Mr. Nguyen Dac Nghiep - German MP and CEO of SAPA Thale and other leaders of the group visited and worked in Bosnia - Herzegovina.

Billionaire Mai Vu Minh in a meeting with the President of Bosnia-Herzegovina H. E. Mr. Milorad Dodik at the Presidency Building
Billionaire Mai Vu Minh in a meeting with the President of Bosnia-Herzegovina H. E. Mr. Milorad Dodik at the Presidency Building

The trip was carried out within the framework of the program of "The bilateral investment cooperation between SAPA Thale group and the government and leading business sectors of Bosnia and Herzegovina".

Potential areas for the investment cooperation in this program include finance - banking, high technology development, infrastructure development, transportation, real estate, hotels - tourism, agriculture ... This investment cooperation is implemented not only in Vietnam, Bosnia and Herzegovina and Germany, but also in many other countries around the world.

At the meeting, President of Bosnia - Herzegovina H.E.Mr. Milorad Dodik said: "Bosnia - Herzegovina is a stable country, partners are welcome and always receive the full support from the authorities at all levels."

Previously, on June 5, 2019, accepting the invitation of First Deputy Prime Minister and Minister of Foreign Affairs of the Republic of Serbia H.E.Mr. Ivica Dačić, Mr. Mai Vu Minh and other leaders of SAPA Thale group paid a working visit to the Republic of Serbia.

Mr. Mai Vu Minh has been judged a great investor and an influential billionaire on the global financial world and governments on the International Business Times recently. He also met and worked with more than 30 top leaders in the world such as Japanese Prime Minister Shinzo Abe, Canadian Prime Minister Justin Trudeau, Russian President Vladimir Putin, US President Donald Trump, and China President Xi Jinping.

In 2018, Vietnam had many activities to promote the trade and economic relations with Bosnia and Herzegovina. In May 2018, a trade promotion delegation to Bosnia and Herzegovina and Croatia was organized by the Vietnam Embassy in Hungary. 

Vietnam wishes to strengthen information exchange, organize market research teams, attend fairs - exhibitions, connect and support businesses of Bosnia and Herzegovina and Croatia to do business with Vietnam.

The Bosnian and Herzegovina and Croatia sides highly appreciated the delegation's efforts in seeking solutions to promote the trade and economic relations between Vietnam and the two countries and committed to working closely with Vietnam to bring the trade and economic relations to new heights. Businesses of Bosnia and Herzegovina and Croatia expressed their interest in Vietnamese goods and wished to cooperate in doing business and investment with Vietnamese enterprises.

PSNews

Other News

Vietnam accelerates innovation to boost growth, competitiveness

Vietnam accelerates innovation to boost growth, competitiveness

By 2030, Vietnam aims to rank among the world’s top 40 in the GII; raise total social investment in R&D to at least 2% of GDP, with non-State funding accounting for over 60%; increase international scientific publications by an average of 10% annually; and raise the number of patent applications and granted patents by an average of 16-18% annually.

Vietnam sees high growth prospects

Vietnam sees high growth prospects

Experts from the Institute of Vietnam and World Economy under the Vietnam Academy of Social Sciences noted the quality of recent growth as the high growth rate has been recorded against an increasingly higher comparative base.

Vietnam seeks bigger share of global Halal market

Vietnam seeks bigger share of global Halal market

Vietnam's Halal exports remain modest at around 900 million USD a year, accounting for less than 1% of the global market. Most exports are still raw agricultural and seafood products. Only around 1,000–1,300 Vietnamese businesses obtained or maintained Halal certification during 2024–2026.

Hanoi sets up inter-agency mechanism to operate carbon market

Hanoi sets up inter-agency mechanism to operate carbon market

Under a decision of the municipal People’s Committee on establishing an inter-agency working group, departments and agencies are responsible for identifying facilities subject to greenhouse gas inventories, developing emissions-reduction plans and studying projects capable of generating carbon credits.

Shrimp exports reach 3.3 billion USD in eight months

Shrimp exports reach 3.3 billion USD in eight months

According to data from the Vietnam Customs cited by the Vietnam Association of Seafood Exporters and Producers (VASEP), shrimp exports reached 478.5 million USD in August, up 4.2% from the same month last year. The eight-month total stood at 3.3 billion USD, representing a year-on-year increase of 12%.

Russian investors explore opportunities in Vietnam's real estate market

Russian investors explore opportunities in Vietnam's real estate market

Vietnam is seen as a potential market, with considerable room for growth in real estate, particularly commercial property, compared with some regional markets. Strong Vietnam-Russia ties and opportunities to establish foreign-invested enterprises are also considered favourable for Russian investors.

Phu Quoc airport planning adjusted to serve APEC 2027

Phu Quoc airport planning adjusted to serve APEC 2027

For 2021-2030, the Civil Aviation Authority of Vietnam proposed bringing forward the investment in a parallel taxiway system and a connecting taxiway north of Runway No. 2 at Phu Quoc International Airport, in order to connect with the aircraft maintenance and repair facility (hangar) planned for the northern area of ​​the airport.

Policy, infrastructure emerge as new advantages in FDI attraction

Policy, infrastructure emerge as new advantages in FDI attraction

From policy and infrastructure to industrial real estate, Vietnam’s FDI advantages are broadening towards a more integrated production ecosystem, offering investors a stronger combination of conditions for high-value, technology-intensive and long-term projects.

Logistics upgrade vital to 1-trillion-USD trade target: experts

Logistics upgrade vital to 1-trillion-USD trade target: experts

As trade expands, systemic bottlenecks across transport networks, warehousing, ports, border gates, and industrial zones are becoming more apparent. Experts emphasise the need to shift from a fragmented, project-by-project approach toward strategic management structured around trade corridors and integrated supply chains.

Ample room for Vietnam, US to deepen cooperation

Ample room for Vietnam, US to deepen cooperation

Do Ngoc Hung, Trade Counsellor and head of the Vietnam Trade Office in the US, said what stands out is not only the growth in trade volume but also the increasingly deep economic ties between the two countries.

Flexible fiscal policy helps drive economic growth

Flexible fiscal policy helps drive economic growth

According to the Ministry of Finance, State budget revenue in the first eight months of 2026 was estimated at 2.02 quadrillion VND (77.7 billion USD), equivalent to 80% of the annual estimate and up 16% year-on-year. Domestic revenue reached 1.75 quadrillion VND, accounting for 86.6% of total revenue and rising 16.6%.

Electronic components are produced at a factory in Hanoi. (Photo: VNA)

Hanoi's imports surge 41% in first eight months of 2026

Hanoi aims to achieve average annual export growth of at least 12% during 2026-30, with the city seeking to diversify export markets, boost high-tech and value-added products and reduce reliance on traditional markets.