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Prime Minister Pham Minh Chinh expected that Turkey would consider kicks-starting negotiations on a free trade agreement (FTA) with Vietnam to help boost trade cooperation between the two countries.

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The EC launched a hydrogen bank within the framework of the recent European Hydrogen Week in Brussels, Belgium. The amount of money from mobilisation proposed by the EC will be taken from the EU fund to support industries while encouraging private investment.

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Vietnam became China’s fourth-largest trade partner in 2022 and its largest in ASEAN.

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The Ministry of Industry and Trade (MOIT) has submitted to the government a report about problems related to implementation of next-generation free trade agreements (FTAs).

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Statistics reveal that the total value of Vietnam’s products is expected to reach a CAGR of 20 percent in 2025, from US$30 billion this year to nearly $45 billion two years later. This is the leading contribution of e-commerce, online tourism, and digital payment. Vietnam will continue to have the fastest growth rate of digital economy in Southeast Asia, and its top position will maintain in 2025 (the same as the Philippines at that time).

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Ambassador Karl Van den Bossche of the Kingdom of Belgium in Vietnam has highlighted that Vietnam is reaping significant benefits from the EU-Vietnam Free Trade Agreement (EVFTA), surpassing the advantages for the EU by more than fourfold.

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The Vietnamese Government pledges to accompany and create favourable conditions for foreign investors, including Turkish groups, seeking to develop their business investment activities.

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Permanent Vice Chairman of the Lang Son provincial People's Committee Duong Xuan Huyen held a working session with a visiting delegation from the People's Government of China's Guangxi Zhuang Autonomous Region on November 30 to discuss measures to facilitate exchanges and cross-border trade.

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The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has brought competitive advantages to Vietnamese export products, but these goods have also faced the imposition of trade defence measures in CPTPP markets.

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On July 25, 2023, at the Office of the Prime Minister of Israel, in the presence of Prime Minister of the State of Israel Benjamin Netanyahu and Deputy Prime Minister of the Socialist Republic of Vietnam Tran Luu Quang, Vietnam Minister of Industry and Trade Nguyen Hong Dien and Israel Minister of Economy and Industry Nir Barkat signed the Vietnam - Israel Free Trade Agreement (VIFTA).

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