‘The most important thing for the whole of ASEAN is to maintain peace and stability in the South China Sea because not only is it our immediate backyard, but it is also one of the world’s busiest waterways’

The ratification is expected to boost foreign direct investment and economic growth in the Philippines. President Marcos Jr. expressed confidence in the adaptability of AANZFTA to address the changing business landscape and promote economic collaboration within the region.

Vietnam should promote the development of the creative economy in order to benefit from the numerous opportunities brought by it, the Central Institute for Economic Management (CIEM) suggested.

Vietnam is transforming into a new global manufacturing hub, offering a diverse range of products that are competitively priced and continuously improving in quality, assessed foreign distributors and importers, who will participate in the Vietnam International Sourcing expo this June.

Vietnam International Sourcing 2024, a series of events meant to help Vietnamese firms deeper penetrate into global production and supply chains, will be held in HCM City from June 6 to 8, according to the Ministry of Industry and Trade.

New markets and niche markets are the way for exports to reduce dependence on traditional markets. Exploiting opportunities in these markets will open up many new opportunities.

The benefits of green transformation in industrial parks are both huge and lasting, according to leaders of the Ministry of Planning and Investment. However, in the short term, many challenges and obstacles have meant the transition process has not been as strong as expected.

An economic cooperation forum on fostering ties between ASEAN and emerging economies, and Russia convened in Hanoi on April 12.

A total of 10 wind turbine towers with a capacity of 10MW produced by CS Wind Vietnam factory will be exported to the Republic of Korea (RoK) in late April in order to serve the Jeonnam 1 wind power project (99MW), according to a representative of the factory based in Ba Ria - Vung Tau province's Phu My industrial park.

Deputy Prime Minister Tran Hong Ha chaired the first meeting of the National Steering Committee on the implementation of the Strategy for Sustainable Development of Vietnam's Marine Economy till 2030, with a vision to 2045.