Along with highlighting the investment environment and incentives for investors of Việt Nam and Laos, participants evaluated bilateral investment and business cooperation over the years, and sketched out collaboration orientations for the future.

Top Vietnamese and Bulgarian legislators have agreed that the Intergovernmental Committee on economic, trade and scientific cooperation will soon convene this year, thereby opening up new areas of cooperation and boosting market facilitation for each other's goods under the EU-Vietnam Free Trade Agreement (EVFTA).

Experts say Việt Nam's industrialisation and modernisation strategy for the 2021-2030 period, with a vision to 2045, needs to adapt to rapidly changing domestic and international contexts.

Instead of competing by price as before, Vietnamese agricultural products will compete by quality and reputation to exploit higher and more sustainable value in the US and EU markets.

The year 2023 is an important year for the Republic of Korea (RoK) and Vietnam as it is the first year the two countries officially carried out the Comprehensive Strategic Partnership, and the East Asian nation pins hopes on the latter to support the country in realising its cooperation goals with the Association of Southeast Asian Nations (ASEAN) in 2024, a Korean expert has said.

China still boasts favorable conditions to attract foreign investment, an official with the country's Ministry of Commerce told the China Economic Roundtable hosted by Xinhua News Agency.

Domestic consumption is one among three drivers for growth, besides investment and export, and is the only pillar which finished the target last year with the total retail sales of goods and services rising by 9.6 per cent.

Expanding customer bases and diversifying products are the necessary solutions to maintain production and grow businesses, experts say.

Agriculture has an important role to play in the cooperative ties between Vietnam and Canada, according to Canadian insiders.

Confidence among European firms operating in the Vietnamese market is showing signs of resilience amid the latest Business Confidence Index (BCI) by the European Chamber of Commerce in Vietnam (EuroCham) conducted by Decision Lab reaching 46.3 percentage points in the fourth quarter of 2023.