Prime Minister Pham Minh Chinh has requested State-owned enterprises (SOEs) to reform governance, improve production and business efficiency, and strongly promote development investment.
The Ministry of Industry and Trade (MoIT) will take measures to promote economic, trade and investment cooperation between Vietnam and five Central Asian countries (C5) of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan.
The launch of K-UPA came as the ministry has been working with the state-run Ulsan Port Authority to open the centre in Vietnam’s southern province of Dong Nai to help Korean firms store goods under room or low temperatures.
According to experts, there is a need to promote participation in the global production network and value chain by enhancing connectivity within industries, domestic regions, and across different areas.
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China is one of Vietnam's two main seafood export markets. More than 800 Vietnamese seafood processing enterprises have been recognized by the General Department of Customs of China for export conditions to this market.
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Vietnam is seeing great opportunities to turn the semiconductor industry into a critical national one in the next 30-50 years.
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To avoid dependence on imported raw materials and breeds, seafood businesses and localities need to take advantage of the marine farming area with hundreds of thousands of hectares.
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The enforcement of the CPTPP over the past five years has expanded markets, attracted investment, and provided a competitive advantage for export goods. However, it has also increased the risk of Vietnamese businesses being investigated for the application of trade defense measures.
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Mr. Phan Duc Hieu, a National Assembly deputy from Thai Binh Province and a permanent member of the National Assembly's Economic Committee, believes the current challenges differ significantly from the past. It is crucial to unlock the existing resources and reform institutions while addressing numerous issues in economic management.
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The imperative for enterprises, including those in the textile and garment sector, to proactively embrace the green transition wave for enhanced global supply chain positioning was highlighted at a seminar in HCM City on Friday.
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