Vietnam and the UK are in a very favourable position to take their strategic partnership to new heights, especially when both sides hold great potential for broader co-operation in technological innovation, digital transformation, climate change response, and supply chain diversification.

A towering red and silver gate marks the entrance to Hofusan Industrial Park, located in the middle of the desert in the Mexican state of Nuevo Leon about a two-and-a-half-hour drive from the U.S. border. Construction is in full swing at the sprawling site as trucks and cranes whiz around.

Mounting concern over semiconductor demand is sending shudders through Asia’s high-tech exporters, which historically serve as a bellwether for the international economy.

The National Economic and Development Authority (NEDA) is pushing for the immediate ratification of the Regional Comprehensive Economic Partnership (RCEP) agreement to send a clear signal that the country is open to investments that will help generate more jobs.

Experts say that any step to destabilise or disrupt the Chinese economy may have serious implications for the entire world along with India

Vietnam has forecast a substantial increase in coal imports over the next 12-15 years, particularly from the power sector, on rising domestic demand, according to a draft strategy for the coal industry from the Ministry of Industry and Trade, or MoIT.

Vietnam's seafood export value is expected to slow growth to 3 billion USD in the third quarter due to a lack of raw materials and disadvantages in the market in the second half.

With the clash of the two superpowers, the economic implications of this friction could be much worse than the Russia-Ukraine war, according to billionaire investor Ray Dalio.

The UK-Việt Nam Free Trade Agreement (UKVFTA), which officially took effect on May 1, 2021, has helped not only boost the bilateral trade between the two markets but also bring the door wide open for the investment of UK companies in Việt Nam.

In September 2021, China applied for membership in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). This application came four years after the United States pulled out of the nascent arrangement for what earlier had been called simply TPP.