Economy

The strong and friendly relationship between the two countries makes Chinese enterprises, particularly those in the Greater Bay Area, confident about investing in Vietnam.

The opportunities for cooperation in the aerospace & defense manufacturing industry between Vietnam and France are vast.

Both sides agreed to intensify cultural exchanges, tourism cooperation, and local interactions so as to increase mutual understanding and lay the foundations for sustainable development of relations.

New orders rose to an extent only exceeded during the opening month of data collection for the survey in March 2011.

Hanoi is resolutely undertaking support measures for businesses and increasing the accountability of various levels of authorities, sectors and individual positions in fulfilling their assigned tasks.

The Government leader called on South Korean corporations to support Vietnam with financial resources, infrastructure development, institutional and policy improvements, quality human resource training, and smart governance.

Vietnam places a high value on its relationship with South Korea. It is determined to advance cooperation in a substantive, effective, and long-term manner, in line with the comprehensive strategic partnership.

The Vietnam Tourism Fair in Italy is one of several events planned to promote travel to Europe, with others taking place in France and Germany.

The policy is expected to result in a VND700 billion ($27.5 million) decline in state budget revenue.

Vietnam remains on the path of recovery driven by the turnaround in the global electronics cycle.

The economic growth rate of 6.93% in the second quarter is the second highest in the past five years.

Ties between Vietnam and South Korea are among the best in the world, said South Korean Prime Minister Han Duck-soo.

HANOI ENTECH 2024, is a trade show featuring over 200 enterprises showcasing energy-saving technologies and environmental solutions to support Vietnam's clean energy goals and foster international business cooperation.

The integration of production along the value chain has brought benefits to cooperatives and farmers, helping to reduce many intermediary stages, lower production costs, and increase product value.

The move is another step toward the realization of the bilateral Comprehensive Strategic Partnership.

China actively prioritizes infrastructure development and promotes global transportation cooperation, considering Vietnam as a crucial partner.

Both sides are expected to accelerate the connectivity of transportation infrastructure, particularly in railways, roads, and border crossings, under the frameworks of "Two Corridors, One Belt" and "Belt and Road Initiative."

Fiscal policy also supports economic growth in 2024 amid expected significant public sector wage increases and ongoing efforts to boost public investment.

Without the deferral, Vietnam Airlines could face insolvency in July 2024.