The LegCo delegation introduced to the representatives the latest developments in commerce, finance, innovation and technology, and tourism in Hong Kong.

The U.S. is in a dilemma about whether to upgrade the non-market economy status of Vietnam to that of a market economy. This would align with President Joe Biden’s goal to make the Southeast Asian manufacturing hub a ‘friend-shoring’ destination for the U.S. amid efforts to diversify supply chains away from China. If the status upgrade is accepted by the U.S. Department of Commerce, it will mean an end to high tax (anti-dumping and countervailing duty) on Vietnamese imports in the U.S.

With the recommendation that Vietnam should act fast within 24 months regarding the goal of developing the semiconductor industry, the government has taken bold and prompt measures to seize this rare opportunity.

Prime Minister Pham Minh Chinh on May 14 expressed his belief that economic-investment-trade cooperation, especially in green economy and digital economy, will be a driver and a breakthrough of the Vietnam-China relationship.

The steel industry in the Association of Southeast Asian Nations (ASEAN) needs government support, financing and technology to survive and be competitive in the face of the global decarbonization drive. This was discussed at the conference of the Southeast Asian Iron and Steel Institute (SEAISI), Kallanish reports.

Vegetables and fruits are products with great potential for export, because import demand in the world market is always high. Although it is a key export product, the market share of Vietnamese vegetables and fruits still accounts for a small proportion in the world's five largest markets.

The United States is considering recognising Vietnam’s market economy status that will enable the local economy to elevate its role internationally, whilst also removing barriers to trade cooperation and investment attraction.

China has urged the United States to immediately lift the additional tariffs imposed on Chinese products, warning that it will take resolute actions to protect the country's rights and interests, the Ministry of Commerce said on Tuesday.

Import-export activities recovered strongly, bringing significant growth in the amount of goods exploited at ports in the first quarter of 2024, thereby recording impressive business results in both revenue and profit.

Vietnamese pangasius (Tra fish) exports to the EU between the beginning of the year and mid-April dropped by 13% to US$47 million against the same period from last year, according to data released by the General Department of Vietnam Customs.