Vietnam strengthens steering committee for industrialisation strategy
Prime Minister Nguyen Xuan Phuc has decided to strengthen the steering committee for Vietnam's industrialisation strategy within the framework of Vietnam-Japan cooperation.
Hanoi (VNA) - Prime MinisterNguyen Xuan Phuc has decided to strengthen the steering committee for Vietnam's industrialisation strategy within the frameworkof Vietnam-Japan cooperation.
Under the decision, the head and deputy headof the committee will be Deputy Prime Minister Trinh Dinh Dung and Minister ofPlanning and Investment Nguyen Chi Dung, respectively.
The committee will be made up of members of the Party Central Committee's Economic Commission, theState Bank of Vietnam, the Government office, and the Ministries of ForeignAffairs; Information and Communications; Finance; Industry and Trade;Agricultural and Rural Development; Transport; Science and Technology; Educationand Training; and Labour Invalids and Social Affairs.
The Japanese Ambassador to Vietnam (or a representativeof the Japanese Embassy in Vietnam) and those from the Japan Business Association in Vietnam will beinvited members of the committee.
The steering committee is responsible for assisting the PM in researching,directing and coordinating the implementation of Vietnam's industrialisationstrategy in the framework of Vietnam-Japan cooperation to 2020, with a visionto 2030.
It will support the Prime Minister insetting out plans to implement the strategy, while proposing key tasks and issuesthat need inter-sectoral coordination.
The steering committee will also report to the Prime Minister on difficultiesand problems arising in performing the strategy, as well as ask the Prime Ministerto consider and devise solutions to those issues.
It aims to help the Prime Minister direct coordination among ministries andsectors in building and guiding the implementation of priority industrialdevelopment mechanisms and policies in the strategy, as well as urge ministriesand sectors and People's Committees provinces and centrally-run cities toeffectively perform the strategy.-VNA
During their talks in Tokyo on March 18, President Truong Tan Sang, now on a state visit to Japan , and Japanese Prime Minister Shinzo Abe agreed to establish the extensive strategic partnership between the two countries for peace and prosperity in Asia. Following is the full text of the statement on the establishment.
Prime Minister Nguyen Xuan Phuc called on the Japanese Government to provide long-term support for Vietnam in adapting to climate change, especially drought and saline intrusion.
Prime Ministers of Vietnam and Japan Nguyen Xuan Phuc and Shinzo Abe have reaffirmed their determination to foster the Vietnam-Japan relationship in a comprehensive and extensive manner in a joint statement.
Vietnam and Japan will closely cooperate with each other to bring forward their extensive strategic partnership for peace and prosperity in Asia into a new period of more comprehensive and pragmatic development, said Prime Minister Nguyen Xuan Phuc.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
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.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Illustrative image (Source: VNA) 
