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The Ministry of Industry and Trade confirmed that Vietnam will rise to the third largest export of clothing in the world at the conference to connect the supply and demand of raw materials for Vietnam's textile and garment industry organized by the Trade Promotion Department under the Ministry of Industry and Trade today.

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The renewable energy sector in Vietnam is one of the most vibrant in Southeast Asia with high demand and significant potential thanks to the country’s abundant offshore wind sources as well as abundant solar sources. Vietnam Briefing sheds light on the recent cooperation between Russia and Vietnam’s energy corporations on the development of a new wind energy project.

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President Joe Biden has still not decided whether to end some trade tariffs on China ahead of a phone call expected this week with his Chinese counterpart Xi Jinping, a senior official said Tuesday.

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The International Monetary Fund (IMF) has lowered its growth forecast for the Asia-Pacific region this year to 4.2 per cent - 0.7 percentage point lower than it expected in April, and well below the region's 6.5 per cent growth in 2021.

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Still reeling from the Covid-19 pandemic and Russia’s invasion of Ukraine, the global economy is facing an increasingly murky and uncertain outlook, according to the latest report released on Tuesday by the International Monetary Fund (IMF).

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Standard Chartered has forecast Vietnam’s GDP growth at 10.8% in the third quarter and 3.9% in the last quarter of 2022, contributing to annual expansion of 6.7%.

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Twelve Vietnamese businesses are participating in Biofach/Vivaness 2022 – the leading trade fair for organic food, which is taking place from July 26 to 29 in the southern German state of Bavaria.

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Several Asian central banks must raise interest rates rapidly, because inflationary pressures are rising due to a global surge in food and fuel costs caused by the war in Ukraine, said a senior International Monetary Fund (IMF) official.

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Local firms have no other alternative but to opt for higher product quality to ensure sustainable exports to the EU market.

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The International Monetary Fund has said the global economy could soon be teetering on the brink of recession amid evidence that the world’s three biggest economies are all stalling and inflation is higher than previously forecast.

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