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State-owned enterprises (SOEs) must strive to reform and become innovation centres in today's modern economy, said Prime Minister Nguyễn Xuân Phúc at a conference discussing measures to improve Việt Nam's SOEs' management and performance on Wednesday in Hà Nội.

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Vietnamese small and medium-sized businesses need more help to enter major global supply chains, experts told a workshop on Wednesday.

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Since its emergence early last year, the US-China trade conflict has not shown signs of easing. Companies are increasingly concerned about the impact of trade tariffs and other trade protection measures, with many actively planning to divert their production from China.These issues were discussed at a conference titled “From manufacturing in Việt Nam to Made-in-Việt Nam products” on Thursday.

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India rallied 51 countries at the World Trade Organization (WTO) on Wednesday to reject a US presidential memorandum, which had sought to deny special and differential treatment (S&DT) to developing countries in current and future trade agreements, said trade envoys.

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Trade ministers and negotiators of the 16 nations will have to present to their respective leaders which issue can or can’t be settled now so that appropriate announcement can be made at the leaders’ summit next month, according to the source.

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China and the United States have praised the inclusion of a dispute resolution mechanism as a key element of the interim trade deal reached in high-level talks last week in Washington, but so far neither side has offered any details about how it will be implemented.

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Experts believe Vietnam needs a long-term strategy to increase the quality of its rice exports to create sustainable growth in the future.

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Local authorities played a crucial role in Việt Nam's campaign to combat illegal, unreported and unregulated (IUU) fishing and therefore must be held responsible and accountable for setbacks and violations committed in their localities, said Deputy Prime Minister Trịnh Đình Dũng at a meeting yesterday in Hà Nội.

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Việt Nam’s textile industry faces many difficulties with both export and production on the decrease due to effects of an intensified China-US trade war, said industry experts.

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Minister of Industry and Trade Trần Tuấn Anh has revealed plans to promote economic, trade and investment ties with the United Arab Emirates (UAE).

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