While trade between Bangladesh and Việt Nam has seen remarkable growth, it is restricted to a few products and there is huge potential to boost it by diversifying the trade basket, a bilateral networking event heard in HCM City on August 7.

The expectation being raised at the meeting between NA Vice Chairman Nguyen Khac Dinh and Malaysian Deputy PM Haji Fadillah bin Haji Yusof on August 7.

Sustainable production towards green growth in addition to the escalating pressure from market and partner requirements for sustainable development, greening industrial parks and economic zones to welcome green investment capital is a mandatory requirement.

A business matching between Bangladeshi and Vietnamese enterprises was held in Ho Chi Minh City on August 7, with the aim to boost bilateral trade between the two countries.

Favourable fundamentals have positioned Vietnam as a prime FDI destination, even as it outperforms its ASEAN peers, according to HSBC’s latest report titled “Vietnam at a glance: FDI - Back to the basics”.

Goods shipments to the US, Vietnam’s largest market for export, have seen a strong resurgence over the recent months, with their value exceeding 10 billion USD in June and July.

The council will be responsible for researching and proposing to the Government strategies, mechanisms and policies to create a transparent and effective legal environment for the rice market in Việt Nam

China was the world's largest exporter and second-largest recipient of foreign direct investment in 2023, marking a milestone in its opening-up policy. To further integrate into the global economy and contribute more meaningfully to global development, the recent third plenary session of the 20th Central Committee of the Communist Party of China outlined five key areas for the next phase of opening-up: steadily expanding institutional opening-up, deepening foreign trade structural reform, further reforming the management systems for inward and outward investment, optimizing the layout for regional opening-up, and refining the mechanisms for high-quality cooperation under the Belt and Road Initiative.

Businesses, factories, industrial parks and export processing zones need to have road maps and measures for switching from traditional to green models to meet the global sustainable trend and enhance their competitiveness, and attract investment, a seminar heard in HCM City on August 8.

There are about 3,800 start-ups in Việt Nam at present, including 11 valued at over US$100 million and three at more than $1 billion each, according to the National Agency for Technology Entrepreneurship and Commercialisation Development.