Trade between Guangxi and Việt Nam neared 254 billion yuan (approximately US$35 billion) last year, and over 120.8 billion yuan in the first five months of this year, up 29.2 per cent and 36.8 per cent year-on-year, respectively.

Vietnam was the fastest-growing digital economy in ASEAN in 2023, and with its potential it is on the road to becoming the second-largest by 2030, said the Hong Kong and Shanghai Banking Corporation (HSBC) in its recent report “Vietnam at a glance.”

Central Việt Nam is being seen as a favourable destination for information and communication technology (ICT) investment from Korea, and Đà Nẵng City has become a centre of IT, with universities training manpower and the city a major draw for Korean investors.

The Vietnam Trade Office in Canada has coordinated with agencies of the host country to hold a business dialogue in Toronto, drawing the attention of Canadian businesses that have invested in Vietnam and those planning to seek opportunities in this dynamic Asian market.

The gross domestic product (GDP) growth of six ASEAN countries - Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam - will recover to 4.5% and 4.7% in 2024 and 2025, respectively, from 4% in 2023, according to Maybank Research Pte Ltd forecast.

Vietnam places importance on developing good neighbourliness, traditional friendship, all-around cooperation and long-term sustainability with Cambodia, said Prime Minister Pham Minh Chinh at a reception in Hanoi on June 10 for Cambodian Minister of Inspection Huot Hak.

The US market has over 330 million people with large consumption power, and is a key market for agricultural products and food, including seasonal fruits. However, compared to countries exporting to the United States, especially countries in the Americas, Vietnam's export products still face many challenges.

Cambodia exported 667,000 tonnes of raw cashew nuts to Việt Nam in the first five months of this year, an increase of 37 per cent over the same period last year.

EUROPEAN governments may be wary of budget Chinese electric vehicles (EVs) flooding their markets but they’re also fiercely competing for a share of the manufacturing investment and jobs the new competitors bring.

In recent instructions, the monetary policy regulator continues to urge banks to implement practical and effective solutions to strive for system-wide credit growth, which will be 5-6% by the end of the second quarter of 2024.