This achievement places Vuong at the 330th spot in the magazine's ranking of the richest people across the globe.

More than 300,000 tonnes of goods were traded through the crossing points of the Mong Cai International Border Gate as of late February, a 56.4% increase year-on-year. Export value accounted for 424 million USD, while imports totaled more than 200 million USD.

The Government and businesses must have flexible access to powerful digital technology applications, thus capturing new trends to deeply integrate into the global value chain, said insiders.

In the first five months of this year, the Index of Industrial Production (IIP) was expected to increase 6.8% year-on-year, with the processing and manufacturing industry growing by 7.3%, contributing 6.4 percentage points to the overall growth.

The southern province of Dong Nai stands ready to prepare the best conditions to welcome investors, especially those from Japan, Secretary of the provincial Party Committee Nguyen Hong Linh said on April 24.

The Vietnamese garment and textile sector is carrying out various measures to bolster production and business activities amidst formidable challenges posed by falling demand, high inventory, and geopolitical instability in several countries, according to insiders.

Being the largest trade partner of Canada in ASEAN, with two-way trade topping 7 billion USD in 2022, Vietnam will play an important role as a gateway for Canadian firms to enter the region bloc that has one of the highest growth rates in the world and is expected to be the world’s consumption centre by 2030 given its market size, according to Canadian business insiders.

The Republic of Korea (RoK)’s Woori Bank inaugurated its new branch in the Mekong Delta city of Can Tho on November 8, increasing the number of its offices in Vietnam to 21 after 26 years of operation in the country.

Prime Minister Pham Minh Chinh emphasised the necessity to streamline administrative procedures to remove obstacles for business activities, thus addressing challenges, unlocking resources for development, and promoting economic growth.

Prime Minister Pham Minh Chinh and his Cambodian counterpart Samdech Thipadei Hun Manet have agreed to foster cooperation and connect the two economies, helping each other to develop an independent and self-resilient economy in association with deep international integration.

General Director of the Vietnam Oil and Gas Group (Petrovietnam) Le Manh Hung has highlighted the crucial role of the service sector, one of the five principal areas of the group, in its production and business activities and development.

The General Department of Taxation (GDT) has said that it guaranteed to reduce and simplify at least 20% of regulations and cut at least 20% of compliance costs related to business activities and eliminate unnecessary regulations by 2025.

Chairman of the People’s Committee of Hanoi Tran Sy Thanh has issued a directive on continuing to drastically implement tasks and measures to remove difficulties for production and business activities.

The Department of Planning and Investment of the southern province of Tay Ninh has adopted many solutions and held dialogues with local and foreign-invested businesses in order to promptly remove difficulties and obstacles facing businesses to help them recover production.

President Nguyen Xuan Phuc hosted a reception in Hanoi on November 17 for Ly Xuong Can, a descendant of King Ly Thai To in the Republic of Korea and Vietnam's Tourism Ambassador to the RoK.

Districts in HCM City are looking into setting up designated areas for food street vendors in an effort to ensure pandemic safety and order on the streets.

Ministries, sectors and localities should promptly issue guidelines on the application of conditions to organise safe production in the new situation as well as the implementation of their door-opening plans so that businesses can design their own production plans, said Minister of Planning and Investment Nguyen Chi Dung.

Deputy Prime Minister Le Van Thanh has approved a trade development programme in remote, mountainous and island areas for the 2021-2025 period, which will be implemented in 287 districts of 48 provinces and cities nationwide.

The State Bank of Vietnam (SBV) has flexibly operated monetary policy tools to maintain liquidity for the banking system, contributing to stabilising and recovering credit growth in the context of unpredictable impacts of the COVID-19 pandemic.

Vice President Dang Thi Ngoc Thinh on March 30 presented the second-class Labour Order to Australian-based Norfolk Group, one of the first foreign firms landing investment in hi-end restaurants and hotels in Ho Chi Minh City and Con Dao island in Ba Ria-Vung Tau province.