Pomelo has become the third fresh fruit from Việt Nam permitted for import into South Korea, joining dragon fruit and mango.

Since Vietnam and India established a comprehensive strategic partnership in 2016, two-way trade has increased 2.5fold to nearly 15 billion USD in 2023, while there remains great potential for investment and trade cooperation between the two countries.

Vietnamese Ambassador in Cambodia Nguyen Huy Tang has urged the Vietnam-Cambodia Bussiness Association (VCBA) to promote its role in connecting and supporting Vietnamese enterprises that are operating in Cambodia or seeking business opportunities in the neighbouring country.

There remain ample room and opportunities for Vietnamese enterprises to expand business and investment cooperation with partners in Hong Kong (China) which is always considered an extremely potential market for foreign firms, said insiders.

At the forum, under the witness of Prime Minister Phạm Minh Chính and leaders of ministries, branches and enterprises of the two countries, six cooperation agreements were signed in the fields of aviation, tourism, culture and pharmaceuticals.

Việt Nam is expected to become the fifth-largest coal importer globally by 2024, driven strong electricity demand and a shortage of hydropower.

The state visit to Vietnam by Timor-Leste President José Ramos-Horta from July 31 to August 3 is expected to offer an opportunity for the two countries to discuss measures to boost cooperation, particularly in trade.

The Ministry of Industry and Trade (MoIT) commenced a seminar in Ho Chi Minh City on July 31 under the theme ‘Developing Vietnamese suppliers to engage intensively in the US value chain’.

As Vietnam enters its 37th year of attracting foreign direct investment (FDI), the country is on the cusp of a significant new phase. Having experienced three major waves of FDI, it now stands poised to usher in a fourth wave, marked by a strategic shift in investment attraction directions and investment quality.

In the first half of 2024, the business situation of the state-owned enterprise sector continued to achieve many positive results. Faced with the tasks in the remaining time of the year, the business sector needs to be more determined to overcome shortcomings and limitations, and seek breakthrough opportunities in production and business.