DPPA mechanism aimed to meet the demand for using clean energy of large customers while attracting investments in renewable energy.

The situation of some businesses and factories in Ho Chi Minh City losing exported goods, counterfeiting and imitating brands is causing many consequences for businesses.

Vietnam has made efforts to build a strong domestic automobile industry with a view to becoming an exporter. However, the young industry faces many challenges, especially in implementing FTAs.

Improving labour productivity is an important, urgent, strategic and long-term mission of the whole political system, and the shortest way for the country to catch up with developed nations in the region and the world, Prime Minister Pham Minh Chinh said on May 26.

The results of the 2024 State of Southeast Asia Survey, conducted by the ISEAS–Yusof Ishak Institute, have caused quite a stir. When asked which of the two powers they would choose to side with if they had to, 50.5 per cent of ASEAN’s policy elite favoured China while 49.5 per cent favoured the United States. But the survey results also showed that only 24.8 per cent trusted China, compared to 42.4 per cent trusting the United States.

Renewable energy is seen as a sustainable choice for the Mekong Delta region to respond to environmental challenges, given that the country’s rice and fisheries granary has lost up to 300 million USD to prolonged drought and extreme salt intrusion.

The office of the US Trade Representative (USTR) announced plans to extend tariff exclusions on some Chinese products based on Section 301 investigations, which attempted to seek alternative sources of certain products from China, while analysts said that the availability of alternatives is limited.

Foreign investors are buying into the Vietnamese resort and hotel realty market, lured by the prospect of a full market recovery, according to experts.

A delegation from the Petrovietnam Exploration Production Corporation (PVEP), led by Chairman of the PVEP Members Council Tran Quoc Viet, on May 24 held a working session with their colleagues of Russia's Zarubezhneft JSC in Russia to discuss potential cooperation areas.

The dramatic escalation in US–China competition in the clean energy sector saw China file a complaint with the World Trade Organization (WTO) over the US Inflation Reduction Act in March 2024. Discriminatory ‘green industrial policies, a result of perceived political and national security pressures, violate WTO Agreements and principles, but the WTO’s two-tier judicial system remains too dysfunctional to adjudicate them effectively. Restoring its effectiveness will require multilateral cooperation involving both countries.