Foreign investment in the first four months of this year reached an estimated US$6.28 billion, a five year high.

China's economy is facing a cyclical and structural slowdown which is complicating predictions about whether the official growth and employment targets for 2024 will be met. Due to ongoing global challenges, including geopolitical tensions and a property crash, alongside internal shifts towards a service and high-value-added production economy, China is planning to use fiscal policy and moderate monetary policy support to achieve its goals of roughly 5 per cent GDP growth and the creation of over 12 million new jobs.

The Ministry of Foreign Affairs in collaboration with the People’s Committee of the southern province of Binh Duong organised the “Meet Korea 2024” programme on May 17 in the lead up to the 32nd anniversary of diplomatic relations between Vietnam and the Republic of Korea (RoK).

The steel industry has affirmed its position by reaching the Top 12 in the world in terms of crude steel production. Not only is the production output growing rapidly, but Vietnamese steel products are also gradually becoming more diverse, according to the Vietnam Steel Association (VSA).

Unlocking growth motivations is an urgent requirement from the Government to help enterprises and the economy quickly recover. But unlocking the driving motivations must be accompanied by drastic reforms in institutions and the business environment to create conditions and increase confidence for enterprises to step forward.

Vietnamese Minister of Industry and Trade Nguyen Hong Dien and Kazakh Minister of Trade and Integration Arman Shakkaliyev co-chaired the 11th session of the Vietnam-Kazakhstan Intergovernmental Committee on Economic, Trade, Scientific and Technical Cooperation in Astana, Kazakhstan, on May 17.

Deputy Minister of Planning and Investment Tran Quoc Phuong and French Minister Delegate for Foreign Trade, Economic Attractiveness, Francophonie and French Nationals Abroad Franck Riester co-chaired the 8th session of the Vietnam-France High-Level Dialogue on Economy in Paris on May 17.

Vietnamese enterprises need to meet quality requirements and rules of origin, increase value-added content, and diversify markets, as production and business activities are forecast to face many challenges due to the unpredictable global economy and climate change.

As more and more Vietnamese businesses are using international e-commerce platforms such as Amazon, eBay and Alibaba to expand market, experts have advised domestic firms to pay greater attention to the protection of trademark in the cyberspace, especially during online exporting activities.

The 4th meeting of the Coordinating Council for the North-Central and Central Coastal Region was held in the central province of Thua Thien – Hue on May 19.