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Vietnam boasts extensive experience in attracting foreign direct investment (FDI). Notably, the enhancement of diplomatic relations between Vietnam and the United States has catalyzed a significant increase in the flow of FDI from the US and Europe into Vietnam.

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Any firm meeting the set criteria will be eligible for support from the investment support fund, Deputy Minister of Planning and Investment Nguyễn Thị Bích Ngọc said.

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Despite a sound traditional friendship, two-way cooperation in trade, investment and other fields has remained modest and has failed to match the potential and expectation of the two countries, Dũng said.

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Sustainable domestic supply chains help businesses improve competitiveness against foreign rivals and retain consumer trust, thus sustaining growth in domestic and foreign trade of Vietnamese goods.

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Many Vietnamese products have affirmed their position and created a solid foothold in foreign markets thanks to successful brand building. However, experts say that the brand image of Vietnamese goods is still relatively modest in many markets.

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Port authorities and maritime inspectorates must monitor shipping company fees and surcharges to prevent violations amidst rising container transportation costs for imports and exports.

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The French authorities have introduced new feed-in tariffs levels for PV installations up to 500 kW. The rates are higher than originally planned.

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Despite being one of the primary supply sources for Senegal – a country with one of the highest per capita rice consumption rates in West Africa, Việt Nam's rice exports to this nation remain modest.

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The Finance Ministry has imposed definitive anti dumping duty on Cast Aluminium Alloy Wheels or Alloy Road Wheels (ARW) imports from China.

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Textile and garment exports posted a year-on-year increase of 15% in the first two months of 2024, a result partly attributed to the industry’s gradual adaptation to the green production requirement of import markets.

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