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On the global map of herbs, Vietnam is assessed to possess a diverse source and its proportion of rare and precious natural medicinal herbs remain quite high, said Tran Minh Ngoc, deputy head of the Ministry of Health’s traditional medicine management department.

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The Government requested to research and simplify administrative processes as much as possible or consider applying priority import and export processes to support businesses in optimizing time and costs.

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Over the past few days, many Luxembourg news channels have reported on the official visit to Vietnam by Luxembourg Prime Minister Xavier Bettel from May 3-5, assessing that it will contribute to further strengthening the bilateral relationship in the coming time.

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Luxembourg is now Vietnam’s third-largest European investor, with capital totaling some $2.6 billion, according to Prime Minister Pham Minh Chinh.

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The National Standardisation Strategy for 2030 has set a target of raising Vietnam’s harmonisation ratio with international, regional and foreign standards to at least 65% by 2025 and 75% by 2030.

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Vietnam's businesses need to diversify their products to meet the needs of the Netherlands market to boost exports to this market.

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Vice President Vo Thi Anh Xuan held talks with Deputy Amir of the State of Qatar Sheikh Abdullah Bin Hamad Al Thani in Doha on May 7 (local time), as part of her official visit from May 6-8.

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Professor Tran Tho Dat, former Dean of the National Economics University (NEU), tells VnEconomy / Vietnam Economic Times that Vietnam still has the opportunity to reach its growth targets for 2023 despite the difficulties and challenges.

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Vietnam’s export-import value in the first four months of this year was estimated at 210 billion USD, down 13.6% year-on-year, with a trade surplus of 6.35 billion USD.

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Businesses affected to receive support in line with Vietnam’s commitments.

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