The initiative is expected to unlock new opportunities for traditional vendors, helping them improve business capabilities, align with the national digitalisation trend and contribute to the robust growth of e-commerce in Vietnam.
The Hanoi People’s Court on May 29 handed down sentences to a former senior trade official and three others for their roles in a bribery case involving the issuance of fuel trading licences, concluding a two-day trial that exposed corruption within the Ministry of Industry and Trade.
Accordingly, the maximum retail price of E5 RON92 petrol has been set at 19,196 VND (0.76 USD) per litre, up 74 VND; and that of RON95-III petrol at no more than 19,565 VND per litre, a modest increase of 33 VND.
Vietnam exported over 3.43 million tonnes of rice in the first four months of this year, raking in nearly 1.77 billion USD, a 8.1% jump in volume but a 13.3% dip in value from the same period last year.
The two sides exchanged views in an open, straightforward, and constructive manner on the issues of mutual interest, working to clarify the draft agreement's wording and providing information on current policies of each side to lay the groundwork for further steps.
According to the Ministry of Industry and Trade, by the end of April, Vietnam’s total export turnover reached 140.34 billion USD, an increase of 13% compared to the same period in 2024.
Steel production has transformed significantly thanks to active participation from private enterprises, which have invested big in advanced production technologies and completed steel manufacturing lines with high-capacity plants, resulting in diverse and high-quality products.
Vietnam’s retail fuel prices were reduced for the second consecutive time from 3pm on May 8, under an urgent directive issued on the same day by the Ministry of Industry and Trade (MoIT).
The business community should strengthen resilience and diversify supply chains to reduce dependence on a single market for raw materials and intermediate goods, heard a hybrid conference held on April 28.
With its ranking among the top 20 global food exporters and top 15 agricultural exporters, bolstered by 17 free trade agreements (FTAs), Vietnam is a strong contender in the global Halal supply chain.
Innovation has been seen as a critical stepping stone for technological mastery and unique product development, helping enterprises build strong brands, according to the Ministry of Industry and Trade (MoIT).
Part of a new Government decree, the early warning system aims to provide timely information to businesses and industry associations, enabling them to take preventive measures and prepare appropriate responses.
The price drop follows global oil market fluctuations from April 3 to 9, influenced by the US's tariff hikes, rising crude inventories, and ongoing geopolitical tensions. Average global fuel prices dropped by 9–11% during the period
Speaking to the press, Ta Hoang Linh, Director General of the ministry’s European-American Market Department, argued that the tariff proposal failed to reflect Vietnam’s goodwill and ongoing efforts to address the long-standing trade imbalance between the two nations.
Minister of Industry and Trade Nguyen Hong Dien has sent a diplomatic note requesting US authorities delay the tariff imposition to allow for constructive dialogue to seek a reasonable solution for both sides.
Honda has identified the cause as the inappropriate thickness of the paint layer on the gear shift arm, which prevents a direct and secure contact surface.
