Vietnam's import-export turnover up 28% in first seven months

The Vietnam-EFTA Free Trade Agreement brings together two groups of highly complementary economies. EFTA members Switzerland, Norway, Iceland and Liechtenstein have strengths in technology, innovation, finance, clean energy and sustainable development, while Vietnam is one of Asia’s most dynamic economies and is emerging as a major regional manufacturing, trade and investment hub.

To reach 9.5–10 billion USD, the most important thing is to strictly comply with market requirements, according to an insider.

The phase of building the framework has passed; now is the time for implementation and results – for the two sides to take breakthrough action and elevate economic cooperation to new heights, said General Secretary and President To Lam.

The opening-hour buying and selling rates at major commercial banks also saw decreases.

The two stores opened simultaneously at Petrolimex stations No 74 in Ngoc Hoi and No 41 on Nguyen Quy Duc streets. The opening ceremony was attended by representatives of companies and partners from the energy, retail, technology, sectors.

Success ten years from now should not simply be measured by how many Israeli technologies have been sold in Vietnam. Success would mean seeing technologies that were tested here, adapted with Vietnamese partners, supported locally, scaled commercially, and potentially further developed or manufactured in Vietnam for other Southeast Asian markets.

With strong foundations in infrastructure and human resources, Hai Phong is expected to continue serving as a strategic driver in Vietnam’s journey towards becoming a strong maritime nation.

Ho Chi Minh City will continue to implement drastic measures to achieve double-digit growth, targeting GRDP growth of at least 11.07% in the third quarter of 2026, 9.43% in the first nine months and 12.3% in the fourth quarter, with a view to completing the full-year goal of 10% or more.

Notably, the number of new FDI projects rose only 9.4% while their registered capital surged 96.8%, indicating a significant increase in average project size and investors’ stronger commitment from the outset.

Held both in person and online, the seminar focused on the current status and opportunities for Vietnam’s nuclear power programme, human resources development, global trends in small modular reactors (SMRs), experience in ensuring safety and extending the operational life of nuclear power plants, and ways to mobilise Vietnamese experts abroad to contribute to the programme.

The strong performance followed a series of measures to optimise port capacity and improve the competitiveness of the city’s seaport system, with a focus on maximising the efficiency of the Lach Huyen international gateway port as new berths came into operation.

Vietnam is committed to maintaining dialogue with investors, listening to their recommendations and working to address difficulties on the basis of harmonising interests and sharing risks.

During the session, both sides reaffirmed their determination to advance the negotiations in a spirit of goodwill, with a view to reaching a balanced agreement that aligns with the interests of both Vietnam and Mercosur.

The successful development and production of high-end Pixel smartphones in Vietnam – a more complex process than manufacturing smartwatches and wireless earbuds – is reportedly giving Google confidence in moving its entire Pixel production out of China.

The integrated investment in energy infrastructure will provide a vital infrastructure foundation for effectively harnessing the marine potential, helping realise the goal of making Vietnam a strong maritime nation and achieving sustainable and prosperous development from the sea.

To prepare for the occasion, markets and food shops across Hanoi have increased supplies of fruits, flowers, meat, sticky rice, sweets and vegetarian food for the occasion. Prices of some items have edged up as demand rises, but no shortages have been reported.

The positive outlook has raised expectations that key export sectors, including electronics, textiles and garments, wood products and agricultural goods, will continue to expand and help sustain double-digit export growth in 2026.

Vietnam’s semiconductor industry offers the country an opportunity to shift from a growth model heavily reliant on low-cost labour and manufacturing toward more technology-intensive, higher value-added sectors, according to Nikkei Asia.

InnoEx 2026 focuses on major shifts reshaping the global economy, including artificial intelligence (AI), data, automation, green transition, international trade and new business models. It also provides a platform connecting businesses, startups, investors and solution providers, facilitating partnerships, investment and access to knowledge and technologies.

Deputy PM Nguyen Van Thang emphasised that each product at the VIFC must have a clear legal basis, an implementing agency, an operating and supervisory mechanism, and implementation timeline, with priority given to products that can generate actual transactions.