The US jobless rate rose for the first time since the start of the year, inflation in Europe hit a fresh record high and China’s retail activity showed signs of stagnating because of the government’s Covid Zero policy.

Amid countries around the world, especially major economies, facing recessions due to soaring inflation, it is crucial to promote trade through trade offices in foreign countries, especially those that have signed treaties with Việt Nam, including the United Kingdom-Vietnam Free Trade Agreement (UKVFTA).

Witnessing the success of Samsung and Intel in Vietnam, plus negative impacts from the Covid-19 pandemic, many giant mobile device manufacturers are seriously considering building their plants and forming their supply chain here. The recent construction of such a factory in Thai Nguyen Province by Xiaomi and the preparation of Apple to produce iPad, Macbook in this country are typical example of this trend.

With the global food price index recently reaching its highest point, there is a positive outlook ahead for rice exporters in Asia, including Vietnam, moving forward, according to industry insiders

Vietnam’s ambitions for its automobile supporting industry are facing upheaval with the country’s localisation ratio about to be scrapped.

Vietnam’s semiconductor industry is a platform to support and develop several other sub-industries and is an engine for Vietnam’s economic growth. The industry is estimated to reach US$6.16 billion in value by 2024 even though most manufacturing occurs in the low-value part of the value chain. Vietnam Briefing analyzes the semiconductor industry as well as the opportunities available for investors.

The General Statistics Office (GSO) reports that Vietnam’s economy in the first eight months of this year has gradually regained the growth rate it enjoyed before the pandemic.

The Regional Comprehensive Economic Partnership agreement came into effect on Jan 1. How will its implementation influence China's export structure? What industrial chains will benefit from the agreement for further development? Will it be a boon for, or a bane of, China's exports, and how should China make use of the agreement to boost its exports and improve trade quality?

To take full of opportunities and effectively tap into this lucrative market is not an easy task for most local firms, said Nguyễn Cảnh Cường, trade counsellor at Việt Nam's Embassy to the UK.

Bilateral deal with South Korea is a move to attract investment to develop the electric vehicle and batteries industry, while most Southeast Asian nations, China and Australia are in RCEP