As China continues to promote high-quality development and expand high-level opening-up, its cooperation with the Association of Southeast Asian Nations (ASEAN), will see broader opportunities and further boost stability and prosperity in the region as well as across the world, according to a senior official.

In terms of investment capital, Singapore still holds the throne, but in terms of number of new investment projects, China is the leading investor. Chinese foreign investment (FDI) is still accelerating into Vietnam.

A reporter from Industry and Trade Newspaper had an interview with Mr. Duong Van Minh - Deputy Director of the Center for Industrial Promotion and Trade Promotion of Quang Binh province - about the unit's industrial promotion activities in recent times.

Looking forward to an important milestone in 2025, the 75th anniversary of the establishment of diplomatic relations between Vietnam and China, the two sides affirmed their efforts to promote and bring bilateral relations to new heights. , increasingly more substantive and effective.

Exports to the US continue to grow and are expected to reach over US $100 billion in 2024. However, in addition to the growth in trade turnover between the two countries, the US currently has many barriers for Vietnamese export enterprises, typically trade defense measures.

In a US presidential election season defined by sharp differences over abortion, gun control, voting rights and other social issues, trade policy has so far got short shrift.

Increasing economic policy uncertainty — spurred by strategic alliances such as the Indo-Pacific Economic Framework — is reducing investment through global value chains and impacting businesses across Southeast Asia. To contend with upcoming shifts in global value chains and related activities, ASEAN and RCEP should work to enhance regional economic cooperation, support the structural transformation of firms into digital and green technologies, improve skills development, and offer more social and economic protection for vulnerable groups.

On August 8, 2024, Kamikawa Yoko, Minister for Foreign Affairs of Japan, held a meeting for approximately 35 minutes with Arnoldo André, Minister of Foreign Affairs and Worship of Costa Rica.

China is currently one of the three largest export markets for Vietnamese agricultural products.

The draft law amending and supplementing parts of the Law on Standards and Technical Regulations is expected to be submitted to the National Assembly for comments at the upcoming 8th session