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The Government targets to create a favourable business environment to facilitate new business initiatives and innovations and to reduce costs and risks for businesses.

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Factors causing Vietnam's tea exports to decrease significantly in 2023 are weak market demand and increasingly strict regulations in Vietnam's tea import markets.

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Trade between Vietnam and Sweden has been growing steadily for many years, with the North European country’s imports rising 9% annually during 2018 - 2022, a relatively impressive figure, an official has said.

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The Ministry of Industry and Trade aims to enhance trade and export promotion with key markets, maximising export opportunities and leveraging the effectiveness of Free Trade Agreements (FTAs). To achieve these goals, the industry and trade sector will exert exceptional efforts. Minister of Industry and Trade, Nguyễn Hồng Diên, discussed strategies to accomplish these tasks with VNA reporters

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During the 35-year journey of attracting foreign direct investment (FDI), Vietnam has continuously improved institutions and preferential policies, effectively attracting and managing domestic and foreign investment resources.

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Commerce Minister Wang Wentao voiced serious concerns on Thursday about the restrictions placed by the United States on the export of lithography machines used in chipmaking to China through third-party channels.

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With bright signs seen in the last months of 2023, many experts predicted that the domestic steel sector can recover in 2024.

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Việt Nam had a good year for rice export in 2023 but there are limitations which must be tackled for the industry to go a long way.

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The disbursement of public investment in 2023 was projected to reach 95% of the plan, equivalent to nearly 676 trillion VND (over 27 billion USD), marking the record high so far, according to Deputy Minister of Planning and Investment Tran Quoc Phuong.

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Prime Minister Phạm Minh Chính urges the Ministry of Planning and Investment to take the lead in attracting foreign investment, developing new economic models and promoting innovations- to contributing to promoting economic transition and improving the position of Việt Nam in the global arena.

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