Exports of wood products to key markets such as the US, China, the Republic of Korea, Japan and the EU sharply fell from April to June and many factories had to temporarily close due to a lack of orders, materials and capital.
However, once the pandemic was basically controlled in July, countries started to restore production. Wood businesses resumed production with demand for wood furniture up significantly./.
The average export price of Vietnamese mangoes also rose by 72.65%, reflecting strong consumer acceptance in China.
The PM stressed that it is necessary to have a solution to increase supply and choke off speculative demand.
He called for revising decrees and regulations to foster a safe, healthy, sustainable, and equitable real estate market tailored to Vietnam’s socio-economic conditions and people's incomes.
The future tasks must ensure Vietnam's core interests while helping consolidate and strengthen the Vietnam-US Comprehensive Strategic Partnership, bringing benefits to both countries and their consumers, and contributing to peace, stability, cooperation, and development in the region and the world, PM Chinh said.
Since the two countries elevated their relationship to a strategic partnership in 2015, Malaysia’s exports to Vietnam have soared by around 160%.
The newly-issued Resolution No. 68-NQ/TW of the Politburo on the development of the private economic sector has garnered strong support from experts and the business community.
By 2030, the province’s seaport system is expected to handle 17.65–18.75 million tonnes of cargo annually, including 0.32–0.37 million TEUs of containerised cargo and 150,000–200,000 passenger visits per year.
According to Civil Aviation Authority of Vietnam statistics, the country saw double-digit growth in traffic through airports in the first five months of this year, reaching 49 million, up more than 10% over the same period last year.
Since 2012, BSR has cooperated with the Ministry of National Defence to develop fuel types such as Jet A-1K for jet aircraft and DO L-62 for military ships and submarines. These fuels meet international standards and have been approved for use in military equipment after passing various technical tests and trials.
The forum brought together representatives from 19 Vietnamese provinces and cities; four southern Lao provinces – Champasak, Sekong, Salavan, and Attapeu; Thailand’s Ubon Ratchathani province; and businesses from the three countries.
Building upon the previous groundwork, local authorities are working with the projects' investors to review and adjust planning schemes, eyeing to complete land handover procedures at the end of December 2025.
Dien stated that Vietnam has a strong and stable demand for US products, equipment, and services, especially in hi-tech and energy sectors. He affirmed Vietnam’s commitment to fostering a transparent and healthy trade environment, noting that Vietnam stands ready to boost coordination with the US side in combating trade fraud, origin fraud, and illegal transshipment.
There will be two trains - MR1 and MR2 - departing from Hanoi’s Gia Lam station to China’s Nanning station and vice versa daily.
Long An is undertaking comprehensive digitalisation to improve the accessibility of online public services for enterprises and investors.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,208 VND/USD and the floor rate 23,712 VND/USD.
For over five decades, the Southeast region has been recognised as Vietnam’s economic and growth engine. At its core is HCM City, flanked by Binh Duong and Ba Ria – Vung Tau, together forming key growth poles not only for the Southeast but for the entire country.
It noted that the expansion of this list creates favourable conditions to boost Vietnamese durian exports to the Chinese market.
Vietnam’s international financial centre must be a “free and equal playing field, with harmonised benefits and shared risks, said Prime Minister Pham Minh Chinh.
Entering transnational retail networks like Central Retail not only facilitates Vietnamese goods' access to the Thai market but also serves as a gateway for them to expand globally
Recent efforts show commitment, but achieving this goal will require even bolder reforms - an ‘institutional big push’ - to unlock the private sector’s potential to drive growth and create quality jobs for its people.
