This was an encouraging figure compared to the same month of last year when foreign investment registered in Việt Nam saw a yearly decline of 20 per cent, the FIA said.

Green production, green exports, and green consumption are becoming global development trends and a positive solution to reduce greenhouse gas emissions, enhance resilience, and innovate the economy. Although the green transition process has a trajectory for adaptation, time is running out.

The number of new enterprises and those resuming their operation this month reached 27,335, up 5.5% year-on-year, and more than 1.3 times higher than the average figure in the 2018-2023 period, statistics show.

When taking the position as one of the 14 founding members of the Indo-Pacific Economic Framework for Prosperity (IPEF) launched by US President Joe Biden in May 2022, Vietnam has shown the world its ambitions to pursue beyond mere economic gains like wider market access and reduced tariffs.

According to the Vietnamese trade authorities, fraudulent activities have been a growing trend in major markets including the United States, Canada, and Europe.

The upcoming state visit to Vietnam by German President Frank-Walter Steinmeier will create an impetus for the bilateral relations to reach a new height, German Ambassador to Vietnam Guido Hildner has said.

The country was also among the top 10 places in the 2023 Agility Emerging Markets Logistics Index compiled by Agility, one of the world’s top freight forwarding and contract logistics providers.

Seaweed is an industry that continues to capture greater attention as the global trade market size is expected to expand at around 10.8% per year.

More challenges are expected for Vietnam’s aquaculture exports in 2024, according to Tran Dinh Luan, General Director of the Department of Fisheries under the Ministry of Agriculture and Rural Development.

The textile and garment industry in Việt Nam wants a bilateral agreement or a free trade agreement to reduce export taxes upon entering the Canadian market.