WEF dialogue reflects global firms’ trust in Vietnamese economy: official

The World Economic Forum (WEF)’s Country Strategy Dialogue on Vietnam, held on late October 29, came to a success, demonstrating the WEF and global enterprises’ attention to and trust in the Vietnamese economy, Deputy Minister of Foreign Affairs Nguyen Minh Vu has said.
WEF dialogue reflects global firms’ trust in Vietnamese economy: official ảnh 1WEF President Borge Brende (first, left), WEF Founder and Executive Chairman Klaus Schwab (centre), and PM Pham Minh Chinh co-chair the dialogue on October 29 (Photo: VNA)
Hanoi (VNA) – The WorldEconomic Forum (WEF)’s Country Strategy Dialogue on Vietnam, held on late October29, came to a success, demonstrating the WEF and global enterprises’ attention toand trust in the Vietnamese economy, Deputy Minister of Foreign AffairsNguyen Minh Vu has said.

In an interview granted to the press,Vu elaborated that the WEF’s first-everCountry Strategy Dialogue on Vietnam gathered WEF Founder and Executive Chairman Klaus Schwab, President of the forum BorgeBrende, and nearly 70 leading enterprises and investors who haveinvested or are planning to invest in the country.

Leading enterprises in the region andthe world highlighted the prospect of and their trust in the investment andbusiness climate in Vietnam. They also straightforwardly pointed out thedifficulties and problems facing them while operating here and put forth proposals to help the country quickly recover its economy and realiselong-term targets, Vu said.

Prime Minister Pham Minh Chinhrepeated to businesses his message of “harmonising interests, sharingrisks” and “win-win cooperation” between the Government and the businesscommunity in the current context.

Particularly, he underlined theVietnamese Government’s commitment and resolve to make reforms, transform theeconomy, and create new opportunities for the sustainable, inclusive, and innovativedevelopment of the Vietnamese economy and domestic and foreign enterprises.

Besides, the open and straightforward dialoguereflected enterprises and investors’ trust in the Vietnamese economy, as wellas the business and investment prospect here. It also showed their trust in theGovernment’s unceasing efforts to reform and improve the business environmentso as to promote the public - private partnership between internationalenterprises and the Vietnamese Government and people, Vu noted.

WEF dialogue reflects global firms’ trust in Vietnamese economy: official ảnh 2Deputy Minister of Foreign Affairs Nguyen Minh Vu (Photo: VNA)
He expressed his belief that thistrust will lead to new investment and investment expansion decisions in mutuallybeneficial areas in the country.

Many participants,including the WEF leaders and major groups, spoke highly of the Government’s resolution which identified the right direction of shifting to the productionand business recovery period with the pandemic under control, enabling them torestore normal operations.

They held that the recent difficultiesthey have faced in Vietnam just lasted for a short period of time while the country’sprospect and advantages are still outstanding. Vietnam has a criticallyimportant geo-economic position in a dynamic economic region, it is an economywith a large market of nearly 100 million people and also part of the networkof regional and global free trade agreements, and it also boasts numerousadvantages for attracting and keeping foreign investors, according to the DeputyMinister.

He cited the WEF and business leadersas saying that the difficulties and challenges are common, but the VietnameseGovernment has displayed an open-minded attitude and readiness to accompanyenterprises in tackling difficulties and challenges, thereby helping enhanceinvestors’ trust.

The international business communitymade highly positive assessment of Vietnam’s economic outlook, which will openup a number of new chances for cooperation between the country and foreignenterprises in the time ahead, the official added./.
VNA

See more

An Phát Complex Industrial Park in Hai Phong City is one of the eco-friendly industrial parks. (Photo: VNA)

Green industrial parks become new magnet for FDI

Statistics show that about 80% of FDI enterprises prioritise investing in industrial parks with green energy infrastructure, reflecting a growing shift in investment preferences amid tightening global environmental standards.

Wood panel production at the Thuan An Wood JSC in Ho Chi Minh City (Photo: VNA)

Vietnamese businesses ride wave of investment in green manufacturing

Recent developments in private investment show that as confidence in the private sector has grown and is a key driver of economic development, investors are strengthening support for enterprises not only through capital but also management expertise and market connectivity.

Officers and soldiers of Son Tra Border Guard Station, Da Nang City Border Guard Command tell local fishermen about IUU fishing. (Photo: VNA)

Fishing solidarity groups help Vietnam with IUU “yellow card” warning removal

Over the years, coastal authorities in Da Nang have intensified efforts to educate fishermen about regulations, particularly the need to avoid illegal fishing in foreign waters. Local administrations and competent forces have also strengthened vessel registration and inspection procedures, installed vessel monitoring systems and ensured transparent declarations of catches at ports.

Representatives of Central Retail Vietnam and Lotte Plaza Market sign a distribution cooperation agreement at the networking event in Ho Chi Minh City on March 13. (Photo: VNA)

Vietnamese firms step up cooperation with international distribution chains

Connecting Vietnamese businesses with international distribution networks has been a key component of government-led trade promotion programmes for many years, which are designed to help domestic companies place goods directly into global retail systems rather than exporting solely through intermediaries.

Direct Hanoi–Amsterdam flights by Vietnam Airlines to begin on June 16. (Photo: Vietnam Airlines)

Vietnam Airlines to launch direct Hanoi–Amsterdam service on June 16

Under the plan, the Hanoi–Amsterdam route will commence operations on June 16, 2026, with an expected frequency of three return flights per week using modern wide-body Airbus A350 aircraft. This will be the first direct air link between Vietnam and the Netherlands, helping to shorten travel time and enhance connectivity between Vietnam and one of Europe’s key economic, logistics and aviation transit hubs.

Farmers harvest the 2025 Winter–Spring rice crop in An Giang province. (Photo: VNA)

An Giang accelerates export shift to meet green consumption trends

To enhance competitiveness, authorities are assisting businesses in obtaining globally recognised certifications such as GlobalG.A.P., Organic and HACCP, enabling key exports including rice, seafood and clean agricultural products to strengthen their position in global markets, according to Quang Xuan Lua, Director of the An Giang Centre for Trade and Investment Promotion.

Motorcycle riders refill their vehicles at a petrol station in Hanoi (Photo: VNA)

E5 RON92 biofuel price falls in latest adjustment

Since the beginning of this year, domestic fuel prices have undergone 14 adjustments, including five decreases and nine increases for RON95 and six declines and eight hikes for E5 RON92. Meanwhile, diesel price has fallen three times and risen 11 times.

A French customer is tasting Vietnamese lychee. (Photo: VNA)

Vietnamese agricultural products boost global brand recognition

Vietnam aims to achieve about 74 billion USD in agro-forestry-fishery export turnover this year. Expanding value-added products, improving quality standards and strengthening brand building, especially through international supermarket systems, will be key to enhancing the competitiveness and global recognition of Vietnamese agricultural products.

An apartment building developed by BCONS in Binh Duong (Photo: VNA)

Resolution 68 boosts businesses entering market

By the end of 2025, Vietnam had more than one million active enterprises. In the first two months of 2026, about 64,500 enterprises entered or re-entered the market, up 29.4% year-on-year, averaging 32,200 newly established or returning businesses per month.

A Vinh Long official introduces signature local products to Korean guests. (Photo: VNA)

Vinh Long courts Korean investment in key sectors

Vice Chairman of the provincial People’s Committee Nguyen Truc Son vowed to accompany investors and provide them with optimal conditions, while building a transparent and stable business environment to secure long-term engagement from foreign enterprises, particularly those from Daejeon.

Delegates at the launching ceremony (Photo: VNA)

Digital platform on overseas market development launched

With Vietnam’s network of 64 trade offices overseas, Deputy PM Son noted that connecting them through a modern digital platform could help establish a unified national trade information system that operates efficiently, transparently and with strong forecasting capacity.