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Producing garments for export at Young-Longma Garment Company Limited. (Photo: VNA)
Market

Viet Nam records highest industrial production growth in five years

Viet Nam’s industrial production in the second quarter of 2025 continued to grow, with the Industrial Index of Production (IIP) estimated to rise by 10.3% year-on-year, including a 12.3% increase in the processing and manufacturing sector, according to the latest report from the National Statistics Office (NSO) under the Ministry of Finance.

At the 24th China International Fair for Investment and Trade. (Image for illustration: XINHUA)
Commentary

Bleak outlook for global trade in 2025

A new report released by the United Nations Conference on Trade and Development (UNCTAD) reveals that geopolitical tensions and trade wars have caused global foreign direct investment (FDI) to decline for the second consecutive year in 2024. Meanwhile, the global trade landscape for 2025 is projected to be marked by even darker shades.

Tra Noc Industrial Park is one of the fastest-growing investment destinations in Can Tho.
Policy

Accelerating development of industrial parks

According to the Can Tho Master Plan for the 2021–2030 period, with a vision to 2050, as approved by the prime minister, Can Tho City will vigorously develop industrial parks, considering them a key driving force for economic growth.

The production of sanitary wares at the TOTO Vietnam Co., Ltd (FDI from Japan) at the Thang Long Industrial Park, Hanoi. (Photo: MINH HA)
Business

Vietnam adapts to global minimum tax

The Vietnamese Government has been closely following the reality and consulting the experiences from other countries on the implementation of the global minimum tax to soon make appropriate policies, towards creating opportunities for foreign enterprises to operate smoothly and make greater contributions to Vietnam without affecting the interests of investors.
President Nguyen Xuan Phuc with delegates at the event (Photo: VNA)
Viet Nam & World

Vietnam advocates cooperating with foreign investors: President

Vietnam advocates switching from attracting FDI to cooperating with foreign investors in the spirit of equality for mutual benefits and development, with priority given to hi-tech and eco-friendly projects, said President Nguyen Xuan Phuc at a high-level seminar with the US-APEC Business Alliance for Competitive SMEs in Bangkok on November 17.
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