Business

The growth driven largely by a sharp increase in domestic gas prices, alongside higher costs for dining-out services and construction materials.

The S&P Global Vietnam Manufacturing Purchasing Managers' Index™ (PMI®) dropping to a seven-month low of 50.5 in April, down from 51.2 in March.

Myriad legal instruments have been introduced over the last few years as Vietnam prepares to establish and operate a carbon market.

The visit is expected to mark a new milestone in bilateral relations, opening up opportunities for breakthroughs in economic, trade, and investment cooperation, and contributing to effectively responding to rapid changes in the global political and economic landscape.

The export value surging 57.4% year-on-year.

Key sectors identified for investment include steel manufacturing, electric vehicles, high-tech industries, green technology, science and technology, and innovation.