Prime Minister Pham Minh Chinh on May 22 requested the establishment of an international financial centre in Vietnam with a transparent and open legal environment, modern and seamless infrastructure that meets development needs and aligns with global trends and Vietnam's specific conditions.
Vietnam is 99th out of the 165 countries in the Economic Freedom of the World ranking by Canada’s Fraser Institute, up four places from last year.
The Intellectual Property Office of Vietnam (IP Vietnam) under the Ministry of Science and Technology (MoST) reported that it has received more than 156,000 applications to establish industrial property rights of all kinds last year, a year-on-year increase of 11%.
Registration for the protection of intellectual property rights of Vietnamese enterprises abroad is on the rise, contributing significantly to the process of entering foreign markets as well as promoting products.
The Vietnamese Ministry of Industry and Trade has signed a Memorandum of Understanding (MoU) on cooperation with the State Administration for Market Regulation (SAMR) of China within the framework of Prime Minister Pham Minh Chinh's official visit to the neighbouring country.
Deputy Prime Minister and Minister of Foreign Affairs Don Pramudwinai underlined COVID-19 vaccines as a humanitarian necessity at the First Meeting of the International Forum on COVID-19 Vaccine Cooperation.
The General Department of Market Surveillance under the Ministry of Industry and Trade said that the market management force would focus on fighting counterfeit goods, goods that infringe intellectual property rights and goods of unknown origin on both traditional trade and digital platforms from April 1 to the end of December 2025.