Two ministries discussed solutions to implement the Prime Minister’s official dispatch issued Tuesday on boosting rice exports and ensuring market stability after top buyers, including Indonesia and the Philippines, suspended rice imports.
The MoIT requested that the People''s Committees of provinces and cities review and promptly compile information and feedback from the business community regarding any difficulties or obstacles arising, in order to report and propose appropriate solutions.
The Ministry of Industry and Trade has rolled out several reforms to cut and simplify procedures, apply information technology, enforce administrative discipline and improve service quality.
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 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.