The end of 2023 and the first quarter of 2024 are marked by major disruptions to global maritime trade flows as ships entering the Gulf of Aden and sailing through the Red Sea and the Suez Canal continue to face attacks by Yemen-based Houthis.

The World Trade Organization (WTO) has predicted a gradual recovery in global trade this year, following a contraction in 2023 caused by high energy prices and inflation. Its latest report, Global trade outlook and statistics, forecasts a 2.6% increase in merchandise trade volume for 2024 and 3.3% in 2025, after falling by 1.2% in 2023. However, the WTO warned of potential roadblocks to this growth.

The Ministry of Science and Technology (MST) is drafting a Government decree that will revise and supplement some articles of the 2014 document on investment and financial mechanisms for scientific and technological activities.

The E-Commerce and Digital Economy Agency's report showed the revenue of products sold through online business-to-consumer (B2C) retail model increased from $10.8 billion in 2018 to $20.5 billion last year.

Prime Minister's Directive Propels Nation Towards Advanced Customs Operations

Standard Chartered, one of the leading financial institutions with strong commitment to green financing in Việt Nam and the US Agency for International Development (USAID) have signed a Memorandum of Understanding (MoU) to promote the deployment of advanced clean energy in Việt Nam.

After nearly 30 years, industrial parks in Vietnam have made a major contribution to the country’s economic development. However, industrial parks have not paid much attention to green and sustainable development to reduce the negative impacts on the environment.

Vietnamese fruit and vegetable exports to the Republic of Korea (RoK) and Thailand increased sharply during the first quarter of this year, reported the Vietnam Fruit and Vegetable Association (Vinafruit).

Green manufacturing is an inevitable trend which helps to create competitive advantages for global businesses today, said experts at a business forum on the growing trend of developing the green economy held in Hanoi on April 17.

In 2023, industrial parks and economic zones kept attracting foreign investors with 27.7 billion USD of FDI capital investment; the number of new investment projects, adjusted investment capital and implemented FDI capital all increased compared to the previous year.