Vietnam-Korea FTA gives boost to two-way trade, investment

While the agreement awaits entry into force, businesses are recommended to review tariff schedules, product-specific origin requirements, the costs of origin certification, quality testing and compliance with importers’ standards. Early preparation will help them make effective use of the new opportunities.

Institutional reform should go beyond reducing red tape to build business confidence and encourage companies to invest and expand operations.

The official visit to Belgium by General Secretary of the Communist Party of Vietnam Central Committee and President To Lam is expected to provide fresh impetus for cooperation in trade, investment, science and technology, innovation, high-quality human resources training, logistics and green growth.

Vietnam's seafood exports could exceed 12 billion USD this year if demand from China remains strong and peak-season orders proceed without disruption, according to VASEP.

Swiss President Guy Parmelin has described the newly signed free trade agreement (FTA) between Vietnam and the European Free Trade Association (EFTA) as a strategic commitment to closer economic cooperation, expected to strengthen legal certainty, improve market access and create fresh opportunities for businesses from both sides.

The project marks a strategic shift in VIFON’s European expansion, from exporting products to directly manufacturing and distributing them in the target market.

Prime Minister Le Minh Hung praised PETRONAS and the Vietnam National Industry-Energy Group (Petrovietnam) for maintaining a strong partnership for more than 30 years, with joint efforts supporting Vietnam’s energy security, sustainable development and economic growth, as well as those of the Asian region.

Building on the advantages of forests, gardens, and indigenous knowledge, Da Nang has an opportunity to develop new value chains linking agriculture with processing and services.

Incentives will increasingly hinge on investors’ performance and commitments, not just on landing projects. Key commitments include transferring technology to Vietnamese firms, training workers, providing technical support and opening FDI supply chains to domestic companies.

Viet Nam Entrepreneurs’ Day is an opportunity to recognise the business community’s contributions to the nation, and promote the entrepreneurial spirit, the pursuit of legitimate prosperity and national responsibility. With stronger policies and greater innovation, Vietnamese enterprises are expected to play an increasingly important role in developing economic growth and realizing the country’s ambition to become a strong, prosperous nation.

The festival aims to promote the Buon Ma Thuot coffee brand, advance Vietnamese specialty coffee, attract investment to deep processing and showcase the cultural identities of local ethnic groups.

Vietnam-Canada strategic partnership is connecting strengths and capabilities not only in trade and investment, but increasingly deeper into technology, infrastructure, human resources, and energy transition solutions.

Companies must ensure records and data truthfully reflect the substance of transactions and engage in dialogue early when complex issues arise. Tax authorities, in turn, need to publish policies, give clear guidance, enforce rules consistently and deliver information in a timely manner.

Japan’s research on non-edible oil feedstocks showed that Jatropha is highly drought-tolerant and could grow well on wasteland, eroded sandy land and infertile soil. Given this, areas in central Vietnam, including Ninh Thuan, Binh Thuan and the Central Highlands, have climatic, sunlight and soil conditions suitable for achieving high seed yields and oil content.

Vietnam has maintained robust growth, outperforming other Southeast Asian economies. Its ongoing government reforms aimed at streamlining the state apparatus, promoting the private sector, improving the institutional framework and developing capital markets will strengthen the country’s growth potential and economic resilience.

Vietnam and Laos aim to boost bilateral trade in 2026 towards the milestone of 10 billion USD by 2030, a target said to be challenging but feasible as both Governments work to remove trade barriers, improve border-trade mechanisms, and strengthen transport and logistics connectivity.

Deputy Minister of Industry and Trade Luong Hoang Thai outlined Vietnam's National Brand Programme 's achievements, the role of business community and plans for brand development in a press interview ahead of the 10th Vietnam National Brand Product recognition ceremony on October 16.

Under the decision, Vietnam aims to become a developing country with modern industry and upper-middle income by 2030, while building a competitive and effective governance system and a dynamic economy driven by science, technology, innovation and digital transformation.

In the first nine months, Vietnam's GDP was estimated to increase 9.01% from the same period last year. Agriculture, forestry and fisheries grew 4.02%, contributing 5.35% to overall gross value added growth; industry and construction rose 11.21%, contributing 49.62%; and services expanded 8.69%, contributing 45.03%.

Decision No. 1012/QD-TTg on training and developing human resources for nuclear power development sets a requirement for around 1,920 personnel for the Ninh Thuan 1 nuclear power plant and around 1,980 for Ninh Thuan 2 by 2033 and 2035.