According to General Director of the General Statistics Office Nguyen Thi Huong, in the context of many difficulties in the world economy, the export growth rate is slowing down, many businesses are facing a shortage of orders..., priority should be given to stimulating demand. Domestic consumption is considered an important solution to promote economic growth in 2024.

In the first six months of 2024, services continued to record decent growth, with several sectors such as logistics, accommodation and catering posting better growth than in the pre-pandemic period, supported by the strong travel demand during the summer months.

According to the Import – Export Tax Department (Ministry of Industry and Trade), Vietnam's rubber exports in June 2024 reached about 150 thousand tons, worth 238 million USD, up 77.6% in volume and 76.6% in value. Price compared to May 2024.

In the first half of this year, Vietnamese businesses spent $67 billion on imports from China and raked in $27.8 billion from exports to this market, respectively rising nearly 35 per cent and 5.3 per cent year-on-year.

Vietnamese Minister of Industry and Trade Nguyen Hong Dien and Japanese Minister in charge of CPTPP Shindo Yoshitaka have pledged to work closely together to improve the effectiveness of the CPTPP implementation, aiming to bring greater benefits to businesses and citizens while also elevating the deal's role in global and regional trade.

The Government of Vietnam has issued a decree to revise import tariffs under the ASEAN-Korea Free Trade Agreement (AKFTA) in the 2022-2027 period

A seminar in Tokyo on July 9 brought together Vietnamese and Japanese stakeholders to explore opportunities for collaboration in the burgeoning semiconductor industry.

Thailand will host the first round of talks on a free trade agreement (FTA) with the Republic of Korea (RoK) from July 9 -17 in Bangkok, according to the Thai Department of Trade Negotiations (DTN).

The effects of restrictions on shipping in the Red Sea and Panama Canal are being felt around the world. Global trade is under immense strain amid rising freight costs.

Ambassador to Belgium and head of the Vietnamese Delegation to the European Union (EU) Nguyen Van Thao has affirmed Vietnam’s recognition of great importance to cooperation in renewable energy and environmental protection with the EU and the European Chamber of Commerce in Vietnam (EuroCham Vietnam).