In the first 11 months of this year, Việt Nam's exports to Australia surged by 24.4 per cent annually, far outpacing the national average export growth of 14.4 per cent.

Two-way trade in 2024 is expected to exceed $6.02 billion, a robust increase of 28.33 per cent compared to 2023. Vietnamese exports to the UAE saw a substantial rise, with a trade surplus estimated at $4.48 billion.

The sale of budget smartphones has reached the highest level since 2022 in Việt Nam, driven by the shutdown of the 2G network.

As the year draws to a close agricultural businesses across Việt Nam are prioritising the fulfilment of export orders, showcasing the nation’s strength in farming and agricultural production.

The plan is to turn the northern province of Lào Cai into a growth centre and one of the relatively developed provinces of the country by 2030.

The Lam Dong Pharmaceutical Joint Stock Company (Ladophar) has produced herbal tea and food products since 1982.

The National Quality Award is the highest distinction granted annually by the PM, with the National Quality Gold Award being its top-tier recognition.

With good experiences, skills and foreign languages, Vietnamese workers are often appointed as team leaders of production lines, guiding and supporting workers in other countries such as Myanmar, Nepal, Sri Lanka and Bangladesh.

The policy aims to support farmers and provide a direct financial source to improve productivity.

A series of year-end stimulus solutions is expected to spur Việt Nam's economy to achieve the GDP growth target of over 7 per cent this year.

The special investment procedure marks a departure from the traditional pre-audit model, where extensive assessments and approvals precede project implementation, to a post-audit approach. 

Companies claim VAT refunds, amounting to hundreds of billions of VNĐ, have been stuck in limbo for years.

After the Fed’s move, the US dollar index (DXY) on December 19 hit nearly 108, the highest level in the past year.

The VN-Index remained largely sideways during the first three sessions of the week, facing significant selling pressure on Thursday (December 19), while staging a modest recovery in the final trading session.

The advantages from the commitments at this FTA have promoted further the trade between the two countries, turning the UK into the third largest export market of Việt Nam in Europe, after the Netherlands and Germany.

The UK's carbon border adjustment mechanism will take effect in 2027.

Negotiations on technical issues were already completed in August. Now, legal procedures are underway for the official export of fresh passion fruit to the US.

Việt Nam’s exporters faced a significant increase in the number of trade defence investigation cases this year, on the back of rising protectionism worldwide, according to the Ministry of Industry and Trade.

The northern province of Thái Nguyên has implemented many policies to support local businesses in maximising the potential benefits of the UKVFTA, opening up multiple opportunities for exports to the UK.

Under the restructuring roadmap, the government will retain eight ministries and agencies but streamline their internal structures. For the remaining 14, the government will carry out reorganisation and mergers to reduce the number of administrative bodies.