A workshop has been held in the central province of Khanh Hoa, aiming to boost trade cooperation between the central provinces of Vietnam and India.

Over-reliance on input material imports, small production value and outdated technology were among the major weaknesses of Vietnam's steel industry, said a recent report by the Ministry of Industry and Trade.

The capitalisation of Viet Nam’s banking sector is expected to increase by nearly 2.8 billion USD this year.

The 2022 Vietnam Manufacturing Expo and Vietnam’s Only Exhibition on SMT, Testing Technologies, Equipment and Supporting Industries for Electronics Manufacturing (NEPCON Vietnam 2022) will be held in Hanoi on August 10-12 and September 14-16 respectively.

Vietnam is now in need of diversifying energy supply sources as it is facing a shortage of coal supply for electricity, cement, and fertiliser production due to impacts of the COVID-19 pandemic and the Russia - Ukraine conflict.

The Ministry of Transport has recently decided to add ten new seaports to the list of Vietnamese terminals, bringing the total to 296.

Vietnam is recovering strongly and there are signs that the economy is shifting from survival to growth mode, said CEO of HSBC Vietnam Tim Evans, stressing the need for the country to effectively navigate global megatrends that will shape its future and ensure that it reaches its full potential in the coming years.

Both Viet Nam and India agreed to raise the two-way trade turnover from more than US$ 13 billion in 2021 to US$ 15 billion as soon as possible.