Hanoi (VNA) – Deputy Prime Minister Pham Gia Tuc on May 18 signed a decision on the establishment of a Government delegation for international economic and trade negotiations.
The delegation is tasked with assisting the Prime Minister in directing ministries, sectors and localities in the negotiation, signing, coordination of ratification and approval, as well as implementation of international treaties and agreements on economic and trade matters involving the Vietnamese State and Government. Its mandate covers multilateral, bilateral and regional agreements, along with other international cooperation mechanisms.
Under Decision No. 883/QD-TTg, the delegation will advise the Government leader on developing negotiation guidelines, strategies, plans and frameworks for Vietnam’s participation in international economic and trade treaties and agreements. It will also propose objectives, viewpoints and roadmaps for negotiation with partners or groups of partners in flexible forms aligned with national interests and the country’s socio-economic development orientation.
It is responsible for coordinating with ministries and agencies in preparing, organising and conducting negotiations, while recommending solutions to difficulties and obstacles arising during the negotiation process. It will formulate negotiation plans, carry out negotiations at various levels and scopes, and implement negotiated outcomes after obtaining approval from the Prime Minister and competent authorities.
In addition, the delegation will coordinate Vietnam’s participation in mechanisms established under international economic and trade treaties and agreements. It will also take part in negotiations to expand and upgrade international trade and economic deals to which Vietnam is a party, including frameworks such as the World Trade Organisation (WTO), the Asia-Pacific Economic Cooperation (APEC), the Asia-Europe Meeting (ASEM), the Association of Southeast Asian Nations (ASEAN) and bilateral and multilateral free trade agreements (FTAs), with the aim of meeting regional and global development cooperation needs while better tapping existing markets.
The delegation is also assigned to consult businesses and relevant stakeholders regarding negotiation contents through appropriate forms of engagement, based on assessments of impacts, opportunities, challenges and risks to the economy. At the same time, it will coordinate with ministries and agencies in monitoring and evaluating the implementation of international treaties and agreements, proposing measures to address emerging issues, and organising dissemination and guidance activities for ministries, organisations and businesses regarding the implementation of Vietnam’s commitments.
According to the decision, the Minister of Industry and Trade will serve as head of the negotiation delegation.
Its deputy heads include a Deputy Minister of Industry and Trade serving as standing deputy head; a Deputy Minister of Finance responsible for areas such as tariffs, customs, investment, financial services and government procurement; and a Deputy Minister of Foreign Affairs overseeing diplomatic coordination and bilateral and multilateral external relations in economic and trade negotiations.
The decision further stipulates that technical-level negotiation groups will be established depending on the requirements of each agreement or trade arrangement. These groups will comprise experienced officials from relevant ministries and agencies, with external experts invited when necessary to ensure negotiation quality, effectiveness and consistency.
In special cases involving urgent and strategic issues related to national interests, the Prime Minister may decide to establish separate negotiation delegations, with their composition, leadership and operational regulations determined directly by the Government leader./.
See more
RoK steps up trade cooperation with Vietnam, Malaysia
The Korean business delegation's trip aims to provide Korean firms with information on import – export trends across the ASEAN region and developments in local markets, while also offering opportunities to explore the latest industry trends and technologies.
E10 biofuel to be distributed nationwide from next month
E10 biofuel will officially be distributed nationwide from June 1 under the Ministry of Industry and Trade’s roadmap on energy transition and environmentally friendly fuel use.
Vietnam, China boost cooperation in green industry development
The Vietnamese Embassy in China, in coordination with the International Cooperation Centre under China’s National Development and Reform Commission (NDRC), on May 18 organised the Vietnam–China Green Industry Cooperation and Exchange Programme in Beijing to strengthen policy exchanges, share experience, and promote substantive cooperation in green industry amid climate change and growing global environmental challenges.
Resolution 68 creates tangible, far-reaching changes in private sector: Insider
The performance of the resolution has resulted in a more vibrant start-up ecosystem, with many household businesses transitioning into formal enterprises and innovation gaining stronger momentum across the economy.
Strong economic conglomerates drive domestic economic growth
In manufacturing, THACO has built one of Southeast Asia’s largest automobile and mechanical engineering ecosystems in Quang Nam province, while VinFast has become Vietnam’s first electric vehicle producer, establishing a major factory in Hai Phong, listing on Nasdaq and expanding into North America, Europe and Southeast Asia.
Vietnam’s textile industry draws high-tech FDI amid green, smart shift
With export turnover rising steadily in recent years and a target of 50 billion USD by 2026, Vietnam remains among the world’s top three textile exporters. Beyond its traditional appeal as a low-cost manufacturing base, the country is now positioning itself as a strategic hub for high-value and technology-driven investment.
Ho Chi Minh City targets next-generation, high-value FDI
The southern economic hub attracted nearly 3.3 billion USD in FDI during the first four months of 2026, marking a sharp year-on-year increase of 227.1%. The total included 539 newly licensed projects with registered capital exceeding 791.8 million USD and 58 existing projects adding 259.3 million USD in supplementary investment.
Vinpearl partners with three leading Indian travel companies to tap 1.47-billion-people market
The agreements, signed at the Vietnam–India Business Forum, are expected to open direct access channels to all customer segments, stimulate travel demand and experiential tourism, and ultimately position Vietnam as a preferred destination for India’s 1.47 billion people.
Ho Chi Minh City’s international financial centre opens new opportunities for businesses
Assoc. Prof. and Dr. Nguyen Huu Huan, Vice Chairman of the VIFC-HCMC Executive Board, said the centre is envisioned as an integrated finance-technology-trade ecosystem operating under international standards.
Science, technology, innovation - “golden key” to realising national development aspirations: PM
PM Hung emphasised science, technology, innovation and digital transformation as the foundation, driving force and leading strategic breakthrough for Vietnam to enter a new development era, saying national development requires a strong shift in the growth model.
Positive outlook for Vietnam – MERCOSUR Preferential Trade Agreement talks: Argentine expert
Talking to the Vietnam News Agency’s correspondents in Argentina, Kramer said the outlook for PTA negotiations is buoyed by MERCOSUR’s increasingly open stance on international trade. The bloc has recently concluded a trade deal with the EU and earlier signed a free trade agreement with Singapore, signalling a gradual expansion of its global economic partnerships.
Vietnam accelerates drive to master EV technologies
By the end of 2025, Vietnam had established 28 standards and technical regulations related to charging stations, charging equipment and batteries. The legal framework is expected to be fully completed in the third quarter of 2026.
Energy sector seen as key pillar for Vietnam’s green, double-digit growth ambitions
Chairman of the Vietnam National Industry-Energy Group (Petrovietnam) Le Ngoc Son said Vietnam’s energy demand will continue rising sharply, creating enormous pressure on power generation investment. To sustain GDP growth of around 10%, electricity demand is expected to increase by 12-15% annually, requiring an additional 7,000-8,000 MW of new capacity each year.
Logistics set to drive Vietnam’s rise in global supply chains
Amid sweeping restructuring in global trade driven by digitalisation, green transition and geopolitical shifts, logistics is no longer a back-end function. It is increasingly a decisive factor in economic performance, especially as Vietnam deepens integration into international supply chains. The challenge now extends beyond faster delivery to building a modern and interconnected logistics ecosystem capable of organising supply chains at a regional scale.
Coordinated efforts help safeguard healthy online marketplaces
As the digital environment continues to evolve rapidly, stronger coordination among authorities, platform operators and user communities is becoming increasingly important to build a healthy cyberspace that respects cultural identity while helping reinforce friendship and mutual understanding among people worldwide.
Reference exchange rate unchanged at week’s beginning
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,388 VND/USD, and the floor rate 23,874 VND/USD.
Vietnam to host 21st AAAP animal science congress
According to the Animal Husbandry Association of Vietnam (AHAV), the event is expected to gather between 1,300 - 1,500 delegates, including around 500 leading international scientists, experts and businesses in the livestock sector.
Int’l exhibition series on dairy, ice cream, and modern beverages to take place soon
The exhibition will feature 250 booths, bringing together brands and products from various countries and territories.
Resolution 68 promotes transparent mechanisms for private sector's growth
The resolution, issued by the Politburo on May 4, 2025, has been viewed by enterprises as an important driver for innovation, digital transformation and business expansion.
Ho Chi Minh City eyes role as capital flow hub for maritime economy
Nguyen Huu Huan, Deputy Chairman of the VIFC Ho Chi Minh City Executive Board, said the concept of a maritime financial centre should be understood as a comprehensive system rather than a standalone trading platform.