There is plenty of room for Việt Nam to lure investment from the United States especially after the visit of US Vice President Kamala Harris to Hà Nội in late August.

On August 25, Indonesia’s Trade Minister presented his case for the lower house of Indonesia’s legislature, to ratify the RCEP trade pact.

Free trade agreements to which both Vietnam and Chile are signatories have given a boost to their bilateral trade ties, heard a virtual conference on September 23-24.

The Vietnam-Mexico Joint Committee for economic, trade and investment cooperation convened its third meeting on September 24 via videoconference under the co-chair of Vietnamese Deputy Minister of Industry and Trade Do Thang Hai and Undersecretary for Foreign Trade in Mexico's Secretariat of Economy Luz María de la Mora.

Due to the long-term suspension of production, inventory of production materials and the existence of ports, many foreign direct investment enterprises (FDI) want to be supported by Customs to re-export raw materials.

Việt Nam is expected to become an exporting country of iron and steel by end-2021 after decades of dependence on imported iron and steel from China.

Many of the 23 Vietnamese provinces and cities that have been under strict social distancing measures to contain the fourth COVID-19 outbreak are gradually reopening their economies towards the new normal.

Prime Minister Pham Minh Chinh on September 26 presided over an online meeting with representatives of the business circle and localities to discuss measures to continue supporting firms in the context of the COVID-19.

Foreign direct investment (FDI) enterprises often organise their production systems around the world, so when production in a region has problems, they will move production to another region with more favourable conditions. However, no FDI enterprises have moved their investment out of Vietnam due to the impact of the COVID-19 pandemic.

The Vietnamese Embassy in Thailand, in collaboration with the Thai Embassy in Hanoi, co-organised a webinar themed “Vietnam-Thailand economic cooperation in response to the COVID-19 pandemic” on September 23.