Joining the world logistics passport (WLP) initiative could help enterprises reduce logistics costs and increase competitiveness for exports.

Ways of optimising the incentives and increasing the efficiency of seafood exports to the Regional Economic Comprehensive Economic Partnership (RCEP) market will take centre stage during a consulting session held on seafood exports to the potential market.

The German Asia-Pacific Business Association (OAV) has held a seminar on business and investment in Vietnam, attracting the participation of many German firms.

Vietnam Briefing highlights Vietnam’s Prime Minister Pham Minh Chinh’s visit to the US for the US-ASEAN Summit from May 11 to 27. The visit reiterates further growing ties between the US and Vietnam on the sidelines of the summit. While ASEAN members are looking for concrete commitments from the US, the Vietnam-US relationship is like to continue to grow as the US looks to counter China’s global influence presenting opportunities for US businesses.

Vietnamese Ambassador to South Africa Hoang Van Loi recently attended a seminar on ASEAN investment jointly organized by the Department of International Relations and Cooperation (DIRCO) of South Africa and the Northern Cape provincial government in Kimberley city.

The nation continues to pay close attention to and attaches great importance to improving the investment environment and creating favourable conditions in which foreign enterprises can conduct long-term production business in the country.

Up to 21% of Indian firms operating or intending to operate in Southeast Asia plan to expand their business in Vietnam in the next two years, and the ratio is 26% among Chinese enterprises, according to a HSBC survey covering more than 1,500 companies from six of the world’s largest economies.

Vietnamese Trade Counselor in Algeria Hoang Duc Nhuan has attended the Annaba Economic Forum in Annaba city on May 25-26 to introduce Vietnam's potential and strengths as well as seek ways to expand cooperation between Vietnamese enterprises and Algerian localities.

Vietnam’s internet economy was valued at about US$21 billion in 2021, contributing to 5% of GDP and rising seven-fold from 2015.

Taking advantage of free trade agreements and flexibly adapting to world unstable development, Vietnam’s spearhead economies such as fisheries, garment and textiles and wood production are accelerating exports to increase turnover.