Former Indian Minister of Commerce and Industry Suresh Prabhu has hailed Vietnam as a shining example for developing countries, commending its remarkable integration into the global supply chain.

VOV.VN - With a surge of large-scale investment projects spanning various sectors in Vietnam, ample opportunities are emerging for local support industries to carve a significant presence, and make breakthroughs to engage in the global supply chain.

The logistics industry’s business community has expressed optimism about growth prospects in 2025, with nearly 42% of companies surveyed by Vietnam Report JSC affirming that their business outlook will be more positive.

Although there are many opportunities to participate in the global value chain through supplying products and components to large foreign corporations investing in Vietnam, the reality is that too few Vietnamese companies have taken advantage of this opportunity.

The Vietnam Semiconductor Industry Exhibition 2024 (SEMIExpo Vietnam 2024), will take place at the National Innovation Centre in Hanoi from November 7-8 under the theme of "Elevating Vietnam in the Global Semiconductor Supply Chain".

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

The World Trade Organisation (WTO) on October 10 released its Global Trade Outlook and Statistics, in which it affirms Vietnam and Mexico have emerged as “connecting” economies – stepping in as the source for many products - in the restructuring of global supply chains that serve the US market.

VOV.VN - In a letter to Vietnamese Prime Minister Pham Minh Chinh recently, Apple CEO Tim Cook praised Vietnam as a strategic partner in Apple’s global production supply chain, considering this a great opportunity for cooperation with the Vietnamese Government in the future.

VOV.VN - Vietnamese Minister of Industry and Trade Nguyen Hong Dien and Italian Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation Antonio Tajani recently held a working session in Italy to promote economic and trade cooperation between the two countries.

Vietnam boasts advantages and potential in agricultural production and export, yet domestic firms need to do more to join the global food supply chain more intensively, insiders have said.