As uncertainties mount ahead of the presidential election in the United States in November, high-level meetings between Chinese and US commerce officials can offer enterprises crucial insights into the future economic and trade relationship between the two major economies, said market observers and business executives on Sunday.

The recovery of Vietnam’s garment-textile sector remains on track and is expected to make breakthroughs in the time ahead, insiders have said.

Over the past six months, the Vietnamese economy has recorded many important and encouraging achievements, showing the economy’s rebouncing to the pre-COVID-19 level, with many bright spots.

Sustainable development is the future of agricultural enterprises. Enterprises that have made early changes to this trend are receiving positive support from international investment funds, not only in terms of capital but also in terms of strategy, market, and supply chain.

After a half-century in which it embraced a doctrine of free trade, the industrialized West seems to be moving in the opposite direction: rolling out an expanding list of new tariffs on imports and placing increased reliance on industrial policy to promote domestic industries. In the US, with both parties in this November’s presidential election supporting tariffs—albeit for different reasons—companies may face more onerous import duties in the coming months.

The United States should immediately lift all tariffs on Chinese goods, the Chinese commerce ministry said on Thursday, ahead of an announcement by the Biden administration on expected hikes in levies on Chinese-made items, including electric vehicles.

Green transformation and digital transformation have been identified by businesses as a mandatory path if they want to develop long-term. However, there are many issues that businesses need to pay attention to right from the start of the transformation if they want to achieve efficiency.

The Law on Land 2024, which took effect from August 1, is opening significant opportunities to attract investments in promoting the development of green agriculture in Việt Nam.

The Ministry of Industry and Trade on Tuesday proposed to the Government that 69 business conditions and administrative procedures under their jurisdiction can be either cut completely or simplified next year.

The Ministry of Trade on Thursday discussed a proposal to develop a centre to create, store and trade raw materials for textile and leather footwear production.