During the 35-year journey of foreign direct investment (FDI) attraction, Vietnam has continously improved institutions and incentives to attract and better manage domestic and foreign investment resources. The expansion of economic diplomacy activities by the Party and Government in recent times has created more opportunities for Vietnam to attract high-quality capital flows into new industries.

In early 2024, additional major obstacles and difficulties appeared for seafood export businesses: an anti-subsidy lawsuit from the United States and the Red Sea incident, etc. However, with good internal resources, businesses of exporting seafood will proactively respond to this dual difficulty.

The country is about to sign a protocol for avocado and passion fruit exports with the General Administration of Customs of China, bringing the total agricultural products exported to the Chinese market in this form to 8, according to the Ministry of Agriculture and Rural Development.

Cooperation between the Association of Southeast Asian Nations and China, which together account for 26 percent of the global population and more than one-third of global economic growth, has tremendous potential and broad prospects. It is also of great significance for advancing common prosperity and modernization in Asia, and safeguarding regional peace and stability.

Cambodia has been diversifying into the industrial sector from garment manufacturing to non-garment manufacturing, using skilled labour and technology in the production chains.

Far East Trade Service Inc Phnom Penh (FETPP), a Taiwanese company operating under TAITRA, is exploring opportunities to expand its investment in the agri-food, industry and automotive sectors with the assistance of the Council for the Development of Cambodia (CDC) for economic mutual interest.

This was an encouraging figure compared to the same month of last year when foreign investment registered in Việt Nam saw a yearly decline of 20 per cent, the FIA said.

Green production, green exports, and green consumption are becoming global development trends and a positive solution to reduce greenhouse gas emissions, enhance resilience, and innovate the economy. Although the green transition process has a trajectory for adaptation, time is running out.

The number of new enterprises and those resuming their operation this month reached 27,335, up 5.5% year-on-year, and more than 1.3 times higher than the average figure in the 2018-2023 period, statistics show.

When taking the position as one of the 14 founding members of the Indo-Pacific Economic Framework for Prosperity (IPEF) launched by US President Joe Biden in May 2022, Vietnam has shown the world its ambitions to pursue beyond mere economic gains like wider market access and reduced tariffs.