Data from the General Department of Customs, the region's import-export turnover in the first 10 months reached of US$181.4 billion, accounting for 32.4 per cent of the country's total trade.

Huang attended a round discussion on semiconductor, AI development trends and opportunities for Việt Nam at NIC Hòa Lạc on Monday.

Multinational corporations are focusing on investing in manufacturing plants in countries such as India, Mexico, Brazil, which increases competitors in Việt Nam's main export markets.

The Vietnam Rice Industry Association (VIETRISA) made its debut at its first congress for the 2023 - 2028 tenure held in the Mekong Delta city of Can Tho on December 11.

Vietnam boasts huge potential to develop semiconductor and AI industries, and pledges to create favourable conditions for NVIDIA corporation, a leading chip producer in the US, Minister of Planning and Investment Nguyen Chi Dung said on December 11.

The Make-in-Vietnam 2023 Digital Technology Product Award selected 43 companies with excellent products.

The number of digital technology companies in Vietnam has increased by 30% while the industry’s revenue has risen by 32% since 2019, Minister of Information and Communications Nguyen Manh Hung said on December 11.

Economic cooperation and trade has been a bright spot in the overall relations between Vietnam and China over the past 15 years since the two countries set up their comprehensive strategic cooperative partnership.

The central province of Thanh Hoa will accompany and create the most favourable conditions for Italian investors and businesses to seek cooperation activities and experience services in the locality, Permanent Vice Chairman of the provincial People’s Committee Nguyen Van Thi has said.

Sharing nearly 400km land border crossing seven northern localities of Vietnam, Vietnam and China has great advantages to promote partnership in economy, especially border economy, according to Minister of Industry and Trade Nguyen Hong Dien.

Bạc Liêu Province has taken efforts to develop more products under the national “One Commune-One Product” programme and promote their sales to increase rural incomes.

After a period of stagnation caused by the COVID-19 pandemic, many farm produce of Vietnam have recorded speedy growth in export to China so far this year and the shipments are predicted to keep increasing in the time ahead.

The southernmost province of Ca Mau on December 10 kicked off its first-ever shrimp festival, which is hoped to help affirm Ca Mau shrimp brand and promote the local shrimp in particular and Vietnamese shrimp in general.

The Mekong Delta province of Long An will continue its cooperation with Japan in the training of high-quality technical human resources and the attraction of the Japanese investment to the locality, Chairman of the provincial People’s Council Nguyen Van Duoc said on December 10.

Carrier Vietjet Air on December 10 launched two new international routes connecting Hanoi and Indonesia’s Jakarta, and Phu Quoc and the Republic of Korea’s Busan as year-end travel season heats up.

The proposal has raised controversy in the public, as there is definitely a contradiction within the draft encouraging policy. 

Nvidia wishes to establish a base in Vietnam as it views the Southeast Asian nation as its home, President and CEO of the US chip giant Jensen Huang told Prime Minister Pham Minh Chinh at their meeting in Hanoi on December 10.

Domestic airlines see recoveries in revenues but the sharp increase in input costs undermine their profits, which makes it difficult to recover the accumulated losses incurred during the pandemic.

Deputy Prime Minister Trần Lưu Quang ordered the Ministry of Planning and Investment (MPI) to co-ordinate with localities to strengthen State management over investment, and strengthen post-investment support to minimise and prevent conflicts with foreign investors.

The highlight lifting the market last week was the strength of domestic cash flows, shadowing the record net outflow of foreign capital. Experts believe it is likely to support the market this week.