Amidst rising trade tensions, Vietnam stands to benefit from shifts in global manufacturing and trade dynamics, with significant implications for its economy.
Taiwanese businesses flock to Vietnam, driving investments and reshaping trade dynamics as Deputy Minister of Planning and Investment highlights the blossoming economic ties at the Vietnam-Taiwan Business Forum.
A high-ranking Ministry of Industry and Trade official has been detained amid an investigation into the misappropriation of state funds by Xuyen Viet Oil.
In a strategic move to enhance economic ties, China signals plans to boost imports from Vietnam while exploring new investments in green development and renewable energy.
Exports jump nearly 20% year-on-year in the first two months of 2024, while imports also see significant growth, leading to a $5 billion trade surplus.