Vietnam is willing to work with the US to further deepen the bilateral comprehensive partnership on the basis of mutual respect for independence, sovereignty, territorial integrity, and political regimes, thus lifting the bilateral relations to a higher level at an appropriate time, Foreign Minister Bui Thanh Son has told US Secretary of State Antony Blinken.

By the end of June 2023, Vietnam’s exports to international markets had faced 231 trade remedy cases. Among them, the highest number of cases were anti-dumping investigations (128 cases), followed by safeguard cases (47 cases), anti-circumvention investigations (33 cases), and anti-subsidy cases (23 cases).

Although Vietnam’s growth has slowed down amid global economic crises, the country is showing stronger performance than the majority of others in the world and continuing to be an attractive destination for foreign manufacturers, according to insiders.

According to data from Vietnam Customs, as of June 15, 2023, Vietnam's shrimp exports to the US reached 257 million USD, down 41% over the same period in 2022.

Although the growth rate has slowed down amid global economic difficulties, Vietnam is outperforming most countries in the world, and is regarded as an attractive destination for direct foreign direct investment (FDI) in the manufacturing sector.

With a continuous rise in bilateral trade in recent years, Chile has become the fourth largest trade partner and one of the biggest markets of Vietnam in the Latin American region.

It is a good time for Việt Nam to promptly make innovations to embrace opportunities and accelerate the digitalisation process.

Government and ministries have been improving solutions to reduce logistics costs and create favourable conditions for sustainable development of the industry to make Việt Nam a logistics hub in ASEAN.

Countries like Vietnam and Indonesia could be beneficiaries if firms start to look for low-cost production centres in Asia, particularly for labour-intensive and low-margin industries, Savills Asia Pacific has said.

Coconut industry is playing a very important role in the socio-economic development of Vietnam and should be considered an indispensable part of the country's development strategies. However, there remain shortcomings in the industry, according to Nguyen Quang Dung, Director of the Institute of Agricultural Planning and Projection (NIAPP).