Minister of Industry and Trade Nguyen Hong Dien had a meeting in Vientiane on April 8 with Lao Prime Minister Sonexay Siphandone who asked relevant ministries of the two sides to focus on seeking ways to remove difficulties facing their businesses in exporting coal and electricity, thus improving the effectiveness of bilateral cooperation in trade, energy, and minerals in accordance with the needs and potential of each country.
Public investment is currently still an important growth driver, which needs to be accelerated so as to help the economy achieve a 6.5% growth this year, according to insiders.
Boosting the growth of blue economy, a key factor in the implementation of the UN Sustainable Development Goal (SDG) on conserving and sustainably using of the oceans, seas and marine resources (Goal 14) for sustainble development, has become a worldwide trend.
Vietnam has solidified its position as the most attractive investment destination for Taiwanese companies in Southeast Asia and globally, Deputy Minister of Planning and Investment Tran Duy Dong told the Vietnam-Taiwan business forum in Hanoi on April 8.
Chairman of the National Assembly (NA) Vuong Dinh Hue hosted separate receptions for several leaders of Chinese corporations operating in transport and energy on April 8 as part of his official trip to China.
Minister of Industry and Trade Nguyen Hong Dien and Lao Minister of Industry and Commerce Malaithong Kommasith signed a new Vietnam-Laos trade agreement following their talks in Vientiane, Laos, on April 8.
The Suntory PepsiCo Vietnam Beverage Company kicked off the construction of its biggest factory in the Asia-Pacific region on April 8 at the Huu Thanh Industrial Park in Duc Hoa district, the southern province of Long An.
Prime Minister Pham Minh Chinh hosted a reception in Hanoi on April 8 for Sergey Ivanovich Kudryashov, General Director of Russia’s Zarubezhneft JSC, who is on a working visit to Vietnam to seek cooperation opportunities in oil and gas and energy.
With 652,000 tonnes of coffee exported to the EU worth 1.66 billion USD in 2023, Vietnam was the second biggest coffee supplier of the EU in terms of volume and third largest supplier in terms of value.
China has long been Vietnam’s largest trading partner, with two-way trade consistently exceeding 100 billion USD since 2018. Trade between the two neighbours reached 171.85 billion USD last year.
The Land Law (revised) passed in January by the National Assembly (NA) is a huge step forward that demonstrates the attention of the Party, the State, the Government, and the NA in protecting the rights of overseas Vietnamese (OVs) and Vietnamese citizens residing abroad, according to Dr. Phan Bich Thien, member of the Central Committee of the Vietnam Fatherland Front and Chairwoman of the Vietnamese Women's Association in Hungary.
Vietnam has so far drawn nearly 500 billion USD in registered FDI capital after nearly four decades of opening up its economy, with investment quality improvement considered a key task for a new breakthrough phase ahead, the Ha Noi Moi newspaper assessed in its recent article.
Vietnam will issue a price framework to purchase electricity from Laos for the period after 2025 in the second quarter of this year, said Minister of Trade and Industry Nguyen Hong Dien.