Minister Counsellor Pham Quang Huy, deputy head of Viet Nam's Permanent Mission to Geneva, has recently held a working session with representatives of the St. Gallen Endowment to boost cooperation between Viet Nam and the Swiss fund, as part of his attendance at a seminar in Geneva on risk levels and countries’ trade responses to rising tariffs.

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.