A trade official has suggested companies work closely with shipping lines, airlines and freight forwarders to monitor routes, transit times and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
To boost economic, trade, and investment cooperation, the two countries should leverage their strategic positions as gateways to ASEAN and Central Eastern Europe.
Việt Nam is ready to further open its market and offer more incentives for US exports, hoping for reciprocal steps, Minister Nguyễn Hồng Diên told Senator Roger Marshall in Washington DC on June 11 (local time).
Marcus Yiu, Moody''s lead credit analyst for Asia, shares the agency''s latest views on Việt Nam’s sovereign rating and its economic outlook amid shifting US trade policies.
Thanks to a strong surge in exports, the trade balance for the second half of May posted a surplus of $2.94 billion, raising the total trade surplus for the first five months of this year to $4.67 billion.
The plan positions e-commerce as a pioneering sector of the digital economy, playing a key role in transforming the country’s growth model, boosting competitiveness, and promoting sustainable development.
With key agricultural products such as lychee, durian, mango, longan and dragon fruit entering the peak harvest season, Vietnamese authorities are stepping up efforts to streamline customs clearance at border gates to prevent congestion and market oversupply.
At the event, the two sides exchanged and signed Memoranda of Understanding (MoUs) on importing animal feed materials from Ohio, with the total value of agreements exceeding US$600 million.
The meeting took place as part of the ongoing intergovernmental negotiations aimed at building an agreement that aligns with the strategic interests of both parties, in accordance with the Việt Nam–US Comprehensive Strategic Partnership.