According to Ms. Trinh Thi Huong, Deputy Director of the Department of Enterprise Development, Ministry of Planning and Investment, Vietnam has nearly 900,000 operating businesses and over 90% are small and super small. However, according to the survey, the majority of businesses are not ready for digital transformation and do not know where to find support channels for digital transformation.

Despite calls for inward economic strategies due to the perceived vulnerability of integrated supply chains, access to international markets has proven to be a form of insurance in times of crisis, responding quickly and efficiently to COVID-19 and energy trade disruptions. But the flexibility of global supply chains relies heavily on the rules of the WTO, which require updating to address issues in the digital economy and other areas that are presently insufficiently governed by global disciplines.

Vietnam is expected to see robust growth in the next 5 -10 years, opening more investment opportunities for foreign investors, including ones from Singapore, in all sectors, said insiders.

Trade has been a bright spot in the Vietnam-Cambodia relationship, experiencing impressive growth over the past more than a decade and expected to reach 20 billion USD.

The upcoming official visit to Vietnam by Russian President Vladimir Vladimirovich Putin is expected to open up new opportunities in bilateral relations, aiming towards the prosperous development for both sides.

Vietnam remains a “bright star” of the Southeast Asian region despite power shortages and a weakened realty market last year, according to Kai Wei Ang, an ASEAN economist at the BofA Securities Inc., which is previously the Bank of America Merrill Lynch.

The Green Tech Landing Pad identifies, connects, and facilitates the adoption of green technologies among Vietnamese textile and garment enterprises to ensure compliance with European sustainability standards.

Slovenia will open its consulate general in Ho Chi Minh City on August 19, marking its official diplomatic representation in Vietnam, as the two countries celebrate the 30th anniversary of ties.

A delegation led by Chairman of the Vietnam National Authority of Tourism (VNAT) Nguyen Trung Khanh on June 18 attended a travel symposium and many side activities in Australia's Melbourne city.

Industry Minister Agus Gumiwang Kartasasmita and four electric vehicle (EV) companies from China, namely Neta, Wuling, Chery, and Sokon, agreed to make Indonesia a production hub for environment-friendly vehicles for projected exports.