NA Vice Chairman urges completion of FTA with European Free Trade Area

Demand for Korean food in Vietnam has continued to grow rapidly alongside the popularity of the Korean Wave, or Hallyu, making the country a strategic market in the RoK's plan to expand agricultural and food exports to ASEAN, the RoK's Ministry of Agriculture, Food and Rural Affairs said.

Authorities detected and handled 67,937 violations in the first half of the year, up 36.66% year-on-year. Budget revenue from enforcement reached nearly 9.65 trillion VND (nearly 367 million USD), an increase of 49.36%, while investigation was launched into 1,676 criminal cases involving 2,789 suspects.

The State Bank of Vietnam set the daily reference exchange rate at 25,202 VND/USD on July 6, down 1 VND from the last working day of the previous week.

Participation in the Montreal Declaration also provides a foundation for Vietnam to explore deeper engagement with the IEA's multilateral energy efficiency initiatives, offering opportunities to access data, policy experience, technical tools and public-private partnership models in energy conservation.

Releasing the country's socio-economic data for the second quarter and the first half of the year on July 3, NSO Director Nguyen Thi Huong said Vietnam sustained positive growth across most industries and sectors despite a challenging international economic environment.

According to the Department of Finance, as of May 31, the city had nearly 21,000 active FDI projects worth over 143.3 billion USD, remaining Vietnam’s leading FDI destination. In the first half of 2026, FDI reached over 6.8 billion USD.

Experts agreed that integrating nutrient management, biotechnology, mechanisation and digital technologies will enhance productivity, reduce greenhouse gas emissions and accelerate the transition towards greener, more sustainable rice production.

Vietnam's tilapia export revenue in the first five months of 2026 hit 62 million USD, more than doubling that in the same period last year, reflecting a strong recovery in international demand

The carbon exchange creates a mechanism that enables businesses to optimise emission-reduction costs through trading emission quotas and carbon credits, encourages technological innovation, and supports sustainable development while maintaining the principle of not sacrificing the environment for economic growth.

Rather than expanding logistics infrastructure indiscriminately, the MoIT plans to establish a tiered network comprising national, regional and local logistics centres, specialised logistics hubs and cargo consolidation points.

Vietnam has entered the world's top 30 most competitive economies for the first time, ranking 27th out of 70 economies in the 2026 World Competitiveness Ranking published by the International Institute for Management Development (IMD).

The new circular will help credit institutions have more room to provide capital to businesses and investment projects to support high economic growth in the next few years, while increasing flexibility in the SBV’s monetary policy management.

The study found that 85% of Vietnamese enterprises reported positive business sentiment, a sharp increase from 48% in 2025, when business confidence was weighed down by uncertainties surrounding US tariff policies and related trade developments.

Resolution 10-NQ/TW marks a significant reset of Vietnam’s foreign investment strategy, introducing broad reforms to create a more unified and effective framework for attracting foreign capital.

Vinh Long farmers are scaling up specialised growing zones and tightening production standards, aiming to lock in sustainable growth for pomelo cultivation and more prosperity across the Mekong Delta province.

According to Vice Chairman of the provincial People’s Committee Pham Van Thinh, the province aims to maintain stable and sustainable growth, improve the competitiveness of both the economy and local businesses, and make better use of free trade agreements (FTAs) to expand and diversify export markets.

As offenders adopt increasingly sophisticated tactics, customs authorities are tightening controls at border gates, stepping up the use of technologies and refining enforcement measures to intercept illicit goods at the import and transit stages.

As Vietnam pursues rapid and sustainable economic growth, improving growth quality, advancing the green transition, promoting the circular economy, and adopting environmental, social and governance (ESG) standards are becoming increasingly urgent.

The International Finance Corporation (IFC) highlighted the city's dominance in green-certified building floor space in Vietnam, reflecting the rapid expansion of the green building market with 780 completed green buildings encompassing over 18.69 million sq.m by 2025, predominantly certified by EDGE and LEED.

The United Kingdom officially announced two new climate cooperation initiatives to support Vietnam in its energy transition and green growth journey. These programs focus on offshore wind power development and the creation of a sustainable green financial ecosystem.