The Ministry of Industry and Trade emerged as the top performer among ministries regarding public and business service delivery in 2024, achieving a score of 83.15 points, a 6.6% improvement from the previous year, according to the Government Office.
Vietnam's total trade revenue reached 786.29 billion USD in 2024, up 15.4% year-on-year, with a trade surplus of 24.77 billion USD, the General Statistics Office (GSO) said at a press conference in Hanoi on January 6.
The Vietnamese Ministry of Industry and Trade (MoIT) and the Lao Embassy in Vietnam will continue to coordinate closely to promote economic - trade and industry - energy cooperation between the two countries.
The Ministry of Public Security's Investigation Security Agency has recently issued a supplemental investigation conclusion regarding the case of abusing position and power while performing official duties; lacking responsibility causing serious consequences involving the Ministry of Industry and Trade (MoIT) and some cities and provinces.
The Ministry of Industry and Trade (MoIT) has set a target of 6% export growth in 2025 as global inflation has cooled down and international market demand recovers.
The cross-border e-commerce platform Temu has suspended its operations in Vietnam as per requests from the Ministry of Industry and Trade (MoIT).
The US Department of Commerce (DOC) has initiated an administrative review of anti-dumping duties on oil country tubular goods (OCTG) from Vietnam, according to the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade (MoIT).
The Vietnam Digital Industry and Trade Summit 2024 will take place in Hanoi on November 21, aiming to help businesses with digital transformation.
Vietnam has initiated 29 trade defence investigations to protect its domestic market and businesses' interests, thus increasing state budget revenue by approximately 1.5 trillion VND (60.4 million USD) a year, according to the Ministry of Industry and Trade (MOIT).
A conference promoting connection between Vietnamese and Indonesian businesses took place in Tangerang, Indonesia on October 9, bringing together representatives from more than 100 firms of both countries.
The 12th Zhejiang Expo in Vietnam opened in Ho Chi Minh City on September 26 in parallel with the Vietnam Sport Show and the Vietnam Cycle Expo.
Vietnam and Australia will prioritise coordination in implementing the Comprehensive Strategic Partnership, including the newly established ministerial-level dialogue mechanisms on trade, energy and minerals to create a favourable environment for their businesses.
Most of Vietnamese businesses have acknowledged the importance of sustainable production to their competitiveness and long-term development in the context of the growing green consumption trend.
Vietnam’s industrial production is seeing positive signs for recovery as the consumption index of the entire processing and manufacturing sector increased and the inventory index reduced in the first half of this year.
Vietnam has many opportunities to promote rice exports in the second half of this year, even though India could change its rice export policy in the next few months, according to the Ministry of Industry and Trade (MoIT).
With global market recovery and increased number of orders, Vietnam’s imports and exports in the first half of 2024 continued to reap positive results.
Trade promotion activities contributed to the positive growth of exports in the first half of this year, said Tran Thanh Hai, Deputy Director of the Import-Export Department under the Ministry of Industry and Trade (MoIT).
As the development of supporting industries of Vietnam has yet to match their potential, the sector needs a push to clinch a position in the domestic market and rise to the world, according to insiders.
The Ministry of Industry and Trade (MoIT) has suggested Vietnamese enterprises further learn about Thai consumers’ taste and the country’s regulations and technical standards to boost exports to this market.
Vietnam’s industry sector has seen continuous recovery with the index of industrial production (IIP) expanding 6.0% year on year in the first four months of this year, according to the Ministry of Industry and Trade (MoIT).