Vietnam’s manufacturing sector, according to a recent report, has already taken a host of steps to move beyond its initial focus on low-cost production.
The two nations need to move beyond a "transferor-recipient" relationship toward a model of joint problem-solving, joint research, joint investment, and shared markets.
The surge was primarily driven by 18 large-scale projects licensed outside industrial zones, which accounted for approximately $32.16 billion in registered capital.
The focal point of the 20th International Travel Expo Ho Chi Minh City was the high-level forum, “MICE Tourism in the new era: Sustainability, Connectivity, and Opportunity.”
Amid softening demand in traditional markets such as the United States, the European Union, and parts of Japan, China - Hong Kong (China) and ASEAN are emerging as primary growth engines for Vietnam’s seafood sector.
Both sides will encourage information exchange, cultural interaction, and cooperation in sectors including culture, tourism, human resource development, economy, and the environment, while respecting the unique characteristics of each locality.
Vietnam and Myanmar have agreed to enhance economic connectivity and complementarity, expanding cooperation across trade, investment, digital transformation, agriculture, logistics, and high-tech sectors to unlock new growth room for both business communities.
Prime Minister Le Minh Hung has called for a shift in Vietnam-Japan investment relations from a traditional “investor-host location” dynamic toward a partnership of co-development, joint creation, collaborative research, innovation, and deeper integration into global value chains.