The Republic of Korea (RoK)’s Technology DA Company on January 3 announced that it has signed an exclusive contract for importing natural graphite with Vietnam Graphite Group (VGG).

The latest measures aim to limit China’s AI technological development; though specialists think it will have a limited impact

The Council for the Development of Cambodia (CDC) and the Vietnamese Ambassador to Cambodia Nguyen Huy Tang are keen on holding a meeting for entrepreneurs and investors to explore possible Cambodian investment in Vietnam.

Cambodia and Indonesia called for greater interaction between the people of the two nations, which in turn would translate into business opportunities for the two economies.

Durian became the top export fruit of Việt Nam with a revenue of $2.2 billion, accounting for nearly 40 per cent of the country’s total fruit and vegetables export and playing a key role in helping the sector set a new export revenue record at $5.5 billion in 2023.

The National Economic and Social Development Council (NESDC) is keeping a close watch on the economies of its major trading partners, notably China, which expanded in 2023 at a rate lower than many anticipated and could affect Thailand’s growth over the next 12 months.

The Ministry of Oceans and Fisheries (MOF) of the Republic of Korea (RoK) said on January 5 that it has kicked off a corporate body in Vietnam, paving the way for the operation of a logistics centre in the Southeast Asian country to support small- and medium-sized enterprises.

The rapid growth of exports in recent years has shown the production capacity of Vietnamese enterprises in many industries, and Vietnamese goods have penetrated and gained a foothold in many markets. However, when exports are large and competitive, there is an increased risk of trade defense measures being applied.

In fact, new-generation FTAs such as the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), the EU – Vietnam FTA (EVFTA), and the UK – Vietnam FTA (UKVFTA) have opened up a wealth of opportunities for Vietnam to diversify its export and import markets and at the same time attract greater foreign investment.

Vietnam’s high-value manufacturing is expected to grow, with the government intent on increasing manufacturing’s share of the economy from 25% to 30% by 2030 by attracting more high-value manufacturing investment, said the “Strength through Diversification: Opportunities across Asia Pacific” report by Cushman & Wakefield.