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Cambodian Prime Minister Hun Manet on Tuesday called on exporters of agricultural products to target countries that have free trade agreements with the kingdom so as to reap maximum benefits from these trade pacts.

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Recognising foreign direct investment (FDI) as a key driver for development, Hanoi has actively improved its investment environment, creating favourable conditions to attract major global corporations and businesses. Recently, the 2024 Capital Law was passed by the 15th National Assembly, introducing numerous special mechanisms that open up new development paths for the city, further enhancing Hanoi's appeal to large investors.

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Việt Nam has emerged as a new export market, especially in the field of information technology products while many countries are currently applying trade barriers to these products.

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The World Bank has projected that the Vietnamese economy will grow by 6.1% in 2024 and 6.5% in the subsequent two years, adding that the economy still maintains its resilience amid rising global challenges.

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The country's logistics industry has recorded a growth rate of 13-15 per cent each year, making it an important service industry and boosting the nation's socio-economic development.

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Passion fruits have become the fifth kind of Vietnamese fruits to be officially exported to Australia, following mango, longan, lychee, and dragon fruit.

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The new tuna size regulations in Decree 37/2024/ND-CP have drastically reduced the value of catches for Vietnamese fishermen, leading to significant economic hardship and threatening the sustainability of the industry.

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As Vietnamese exports face increasing trade defense lawsuits and non-tariff barriers abroad, the country’s import regulations remain surprisingly lenient. While local industries struggle with competition from foreign products, the number of trade remedies Vietnam has implemented is relatively low. Is there a lack of effort in protecting domestic businesses?

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Indian policymakers have traditionally scorned advice from overseas, especially from multilateral agencies such as the World Bank. Suggestions from the latter’s most recent India Development Update are therefore likely to be ignored.

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With the leather, footwear, and textile industries mainly processing with low added value, the establishment of an international trade centre for the development of raw materials will help the industry develop sustainably.

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