From an underdeveloped economy, Việt Nam has grown into one of the world’s 32 largest economies with its economic scale expanding nearly 100 folds since 1986 and per-capita income from below $100 to nearly $5,000.
Việt Nam and the European Free Trade Association have launched the 18th round of free trade talks in Đà Nẵng, aiming to reach a basic agreement, the Ministry of Industry and Trade said.
ASEAN’s rapidly growing consumer market continues to present major opportunities for Vietnamese enterprises, though firms are increasingly required to meet higher technical and origin standards.
Five cooperation agreements between HCM City and US organisations were signed at the HCM City–United States Fall Forum 2025 held in the US on October 16, opening new opportunities in high technology, finance, human resource training, and innovation.
The Ministry of Industry and Trade stressed the need to review direct power purchase agreements and new energy mechanisms to ensure transparency, feasibility and support for Việt Nam’s renewable energy transition.
The latest round of talks will take place in Kuala Lumpur from February 17 to 20, with discussions covering 11 key sectors, including goods, services, investment and economic cooperation.
As the threat of a global trade war looms, insiders held that Việt Nam needs to take proactive steps to develop tailored responses that will insulate its production, business, and export activities from the effects of market volatility.
Minister of Industry and Trade Nguyễn Hồng Diên talked to the Vietnam News Agency (VNA) about 2024 - a year the economy faced a mix of challenges, but also saw the country making the most out of Free Trade Agreements...
The Agency of Foreign Trade estimates that Việt Nam''s export value of wood and wood products reached US$1.25 billion in June this year, down 1.1 per cent month-on-month, but up 13.6 per cent year-on-year.
A survey conducted by the MoIT at the end of last year found that approximately 20 large companies were interested in purchasing electricity directly, with a total demand of nearly 1,000 MW.
In the event Vietnam Electricity (EVN) and investors fail to produce a consensus, the prices will be determined by the Ministry of Industry and Trade with consideration given to fair competition for other sources of electricity.