After a period of stagnation caused by the COVID-19 pandemic, many farm produce of Vietnam have recorded speedy growth in export to China so far this year and the shipments are predicted to keep increasing in the time ahead.

"The semiconductor industry is a foundational sector and, more importantly, a critical national industry for the next 30-50 years," Minister of Information and Communications said.

Multinational corporations are focusing on investing in manufacturing plants in countries such as India, Mexico, Brazil, which increases competitors in Việt Nam’s main export markets.

Huang attended a round discussion on semiconductor, AI development trends and opportunities for Việt Nam at NIC Hòa Lạc on Monday.

While many export industries are forecasted to struggle in meeting their annual plans, fruits, vegetables, and rice have already reached their destination early, setting new records in 2023.

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), Việt Nam's bivalve mollusk export turnover in the first nine months of 2023 reached US$98 million, down 11 per cent over the same period last year. Of which, clam shipments alone reached $62 million, a fall of 19 per cent.

Dongxing, a city on the Chinese border with Vietnam, is a good example of the fast-expanding agricultural trade between the two neighboring nations in recent years.

Momentum is picking up toward a free trade agreement between Ecuador and China that could ramp up trade and strengthen the relationship between the South American nation and its Asian partner.

At a key economic conference that concluded on Tuesday, top Chinese policymakers had outlined a slew of measures to tackle various challenges facing the Chinese economy, further promote and consolidate economic recovery and ensure effective improvement in quality and reasonable growth in quantity in 2024.

The China-Saudi Investment Conference, which took place in Beijing on Tuesday, yielded fruitful outcomes, with government officials pledging to foster stronger economic and trade connections and businesses from both sides signing deals in sectors ranging from clean energy and agriculture to technology and healthcare.