The ministry is making the most of opportunities and the recovery trends of foreign markets to boost exports, and effectively tackling difficulties in economic and trade relations.
On the import side, computers, electronics and components led with a value of US$6.55 billion, followed by machinery and spare parts at US$2.7 billion.
The plan positions e-commerce as a pioneering sector of the digital economy, playing a key role in transforming the country’s growth model, boosting competitiveness, and promoting sustainable development.
Vietnamese Minister of Industry and Trade Nguyễn Hồng Diên met with US Secretary of Commerce Howard Lutnick in Washington, D.C. to boost economic ties and review trade talks.
Authorities are set to expand negotiations and trade deals with international partners while dismantling the logistical and regulatory snarls that have plagued the sector.
Việt Nam’s retail fuel prices were reduced for the second consecutive time from 3pm on May 8, under an urgent directive issued on the same day by the Ministry of Industry and Trade (MoIT).
From May 5, 2025, the Ministry of Industry and Trade (MoIT) officially takes over as the single authority responsible for issuing Certificates of Origin (C/O) in Việt Nam.
According to EVN, the proposed price cap is based on input parameters developed by the Institute of Energy and d in accordance with the Việt Nam–Denmark Technology Handbook.
The Standing Committee of the Government of Việt Nam has assigned the Ministry of Industry and Trade to thoroughly review and regulate the rights of fuel distributors to trade with one another in accordance with the law.
The inspection team will focus on enforcing legal regulations related to rice export business activities in the Mekong Delta region, addressing violations while reviewing market supply and demand, as well as pricing.