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Goods shipments to the US, Vietnam’s largest market for export, have seen a strong resurgence over the recent months, with their value exceeding 10 billion USD in June and July.

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The council will be responsible for researching and proposing to the Government strategies, mechanisms and policies to create a transparent and effective legal environment for the rice market in Việt Nam

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China was the world's largest exporter and second-largest recipient of foreign direct investment in 2023, marking a milestone in its opening-up policy. To further integrate into the global economy and contribute more meaningfully to global development, the recent third plenary session of the 20th Central Committee of the Communist Party of China outlined five key areas for the next phase of opening-up: steadily expanding institutional opening-up, deepening foreign trade structural reform, further reforming the management systems for inward and outward investment, optimizing the layout for regional opening-up, and refining the mechanisms for high-quality cooperation under the Belt and Road Initiative.

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Businesses, factories, industrial parks and export processing zones need to have road maps and measures for switching from traditional to green models to meet the global sustainable trend and enhance their competitiveness, and attract investment, a seminar heard in HCM City on August 8.

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There are about 3,800 start-ups in Việt Nam at present, including 11 valued at over US$100 million and three at more than $1 billion each, according to the National Agency for Technology Entrepreneurship and Commercialisation Development.

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The recent visit to Việt Nam of a high-level delegation led by John Lee Ka-Chiu, chief executive of the Hong Kong Special Administrative Region (HKSAR) of China, marks a significant milestone in strengthening bilateral relations and opening new avenues for cooperation.

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The domestic state budget has witnessed a surplus so far this year, reflecting a rise in revenue from export and import activities, but not from crude oil.

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The economy's exports are gradually recovering, opening up many positive signals for industries. To achieve the target of 6% export growth, among the solutions to boost exports, developing new markets and niche markets with great potential is an important direction.

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Aligning with national and global development trends, integrating digital transformation with green transformation, also known as "dual transformation," not only ensures business goals but also contributes to sustainable development objectives for both businesses and society.

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Vietnamese Finance Minister Ho Duc Phoc today proposed Singapore to support Vietnam in modernizing tax and customs management at a meeting with Second Minister Chee Hong Tat for Finance of Singapore.

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