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.
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.
The Ministry of Industry and Trade has decided to cancel plans for a single price model to calculate power tariffs after receiving feedback from relevant ministries and experts.
The Ministry of Industry and Trade is considering new models to calculate electricity price including one that eliminates its current step pricing, which industry experts have claimed to be outdated and deeply unpopular among consumers.
The Ministry of Industry and Trade (MoIT) has recommended local enterprises to strictly implement regulations on food safety for farming and seafood products exported to China to avoid them getting stuck at border gates.
The Ministry of Industry and Trade (MoIT) late on Tuesday denied reports that the nation’s electricity price had increased. The reports had appeared on some websites and social media posts.
Seven of the 12 projects are dealing with legal battles over contracts. As attempts to settle disputes have failed, some cases now must go before international courts.