Vietnam’s foreign direct investment (FDI) attraction policy has been improved significantly as foreign investors are now allowed to pour capital into almost areas, a businessperson has said.

The US Department of Commerce (DoC) has announced the extension of the deadline for issuing its final conclusion on an anti-dumping tax evasion investigation into stainless steel wires imported from Vietnam, according to the Vietnamese Ministry of Industry and Trade.

Vietnam will focus on developing its private sector to turn it into an important driving force for the socialist-oriented market economy, contributing to rapid and sustainable socio-economic development and improving the economy's self-reliance.

The coffee industry of Vietnam is working to increase the value of raw coffee exports as low added value still makes up the majority of the product that is shipped overseas.

In recent years, Vietnam’s agriculture has made a strong transformation, with market-oriented agricultural production, bringing about high quality and added value to producers and farmers. However, the agricultural production process also generates a large amount of waste and by-products, which, if not managed properly, will pollute the environment and waste organic matter.

Fishery products shipped overseas earned 2.63 billion USD for Vietnam between January and April, down 27.7% year-on-year, according to the Ministry of Agriculture and Rural Development.

Rice exports in April 2023 were estimated at 1.1 million tonnes with a value of 573.9 million USD, the Ministry of Agriculture and Rural Development reported.

The EU plans to implement the world’s first carbon border adjustment mechanism (CBAM) from October 2023. During the transition period, the scheme will require importers to report the embedded carbon in their imported goods. From 2026, additional taxes will be levied on imported goods to bridge the gap between the EU’s carbon price and the price in exporting countries.

A trade war between China and the United States triggered by former president Donald Trump created an unexpected boost for Vietnam, new research has shown.

Vietnam earned some 15.66 billion USD from agro-forestry-aquatic product exports in the first four months of 2023, down 13.3% year-on-year, according to the Ministry of Agriculture and Rural Development.