Topic: Vietnam

The country is currently developing a carbon market and plans to initiate a pilot phase in 2025, with full operation commencing in 2028.

Over 70 countries and territories worldwide have implemented carbon pricing.

The economic zone aims to become a multi-sectoral and multi-functional maritime economic center in the northern province.

Other major rice suppliers to the Philippines include Thailand, Pakistan, Myanmar, and India.

The country’s GDP growth rate expected to reach 7% this year, according to the bank.

It is predicted that global shrimp production will rebound towards the end of 2024 and stabilize in 2025.

Vietnamese rice accounted for nearly 80 per cent of the Philippines' total rice import after 10 months of 2024.

Vietnam's logistics industry is experiencing robust growth, expanding at an average annual rate of 14-15% and generating $40-42 billion in annual revenue.

Central to the renewed strengthening of the health of the sector were the returns to growth of both production and new orders.

Gotion has established eight R&D centers in China, the United States, Japan, Singapore, Germany, and India.