The International Monetary Fund (IMF) has forecasted that Vietnam will have many opportunities from digitalisation and green transformation, according to IMF Asia and Pacific Department Director Krishna Srinivasan.

The strategy should also aim to increase the market share of domestically produced automobile products gradually, with the intent to replace imported products.

U.S. President Joe Biden's push to triple tariffs on Chinese steel imports strikes a mostly symbolic blow on an industry facing bigger concerns over faltering local demand and threats of even stronger blowback against China's surging exports.

Having identified its weakness in 2023, entering the first quarter of 2024, Vietnam's shrimp industry has undergone a clear change, reflected through increases in exports to major markets.

There are still many challenges hindering the process of turning e-commerce into a playground for co-operatives to reach customers and find outlets for their products.

The flow of foreign direct investment (FDI) into the Vietnamese garment and textile sector has rebounded thanks to the country’s sound investment climate and abundant workforce as well as its open economy, according to insiders.

The end of 2023 and the first quarter of 2024 are marked by major disruptions to global maritime trade flows as ships entering the Gulf of Aden and sailing through the Red Sea and the Suez Canal continue to face attacks by Yemen-based Houthis.

The World Trade Organization (WTO) has predicted a gradual recovery in global trade this year, following a contraction in 2023 caused by high energy prices and inflation. Its latest report, Global trade outlook and statistics, forecasts a 2.6% increase in merchandise trade volume for 2024 and 3.3% in 2025, after falling by 1.2% in 2023. However, the WTO warned of potential roadblocks to this growth.

The Ministry of Science and Technology (MST) is drafting a Government decree that will revise and supplement some articles of the 2014 document on investment and financial mechanisms for scientific and technological activities.

The E-Commerce and Digital Economy Agency's report showed the revenue of products sold through online business-to-consumer (B2C) retail model increased from $10.8 billion in 2018 to $20.5 billion last year.