Vietnam recorded a trade surplus of 14.08 billion USD in the first seven months of this year, the General Statistics Office announced on July 29.

Vietnam's shrimp exports grew in the first half of this year, but the market is facing competition from other countries in the world.

Vietnam's agriculture faces existing "bottlenecks" and requires a "strong push" in green agricultural investment to enhance its position in the efficient and sustainable agricultural supply chain.

The 13-chapter document consists of information on Việt Nam's economy and foreign trade, updates on bilateral trade, potential sectors and products, useful tools related to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), as well as contacts in Việt Nam.

A Memorandum of Understanding (MoU) on cross-border co-operation between the Lai Chau Economic Zone Management Board and the administration of Jinping district in Yunnan province in China was signed on July 30 in the northern province of Lai Chau.

The Vietnam Oil and Gas Group (Petrovietnam) is striving to raise its total installed power capacity to 8,000-14,000 MW by 2030, which is projected to account for 8-10% of the country’s combined capacity by 2045, under its revised strategy.

The European Union (EU) regards Vietnam as one of its leading important partners in the region, Josep Borrell Fontelles, Vice President of the European Commission (EC) and High Representative of the European Union for Foreign Affairs and Security Policy, said at his talks with Minister of Foreign Affairs Bui Thanh Son in Hanoi on July 30.

The country's index of industrial production (IIP) is continuing its positive growth pace in July with an increase of 0.7% over June and 11.2% compared to the same period last year, according to the General Statistics Office (GSO).

Việt Nam's wood and wood product exports are expected to boom in the second half of this year amid positive signs from the global economy, according to industry insiders.

Vietnam’s industrial production is seeing positive signs for recovery as the consumption index of the entire processing and manufacturing sector increased and the inventory index reduced in the first half of this year.