Domestic commodity markets began to regain momentum nationwide on February 19 - the third day of the Lunar New Year, though overall purchasing power remained markedly lower than the pre-Tet peak, according to the Agency for Domestic Market Surveillance and Development under the Ministry of Industry and Trade.

Southeast Asian ports, particularly those in Vietnam and Malaysia, are experiencing strong growth amid shifts in the global trade landscape triggered by additional tariffs on Chinese goods imposed by US President Donald Trump, according to Singapore-based maritimefairtrade.org.

Walmart, the renowned retail giant based in the US, expects to turn Vietnam into a goods supply centre of Asia, Andrea Albright, Executive Vice President, Sourcing, for Walmart, has told Minister of Industry and Trade Nguyen Hong Dien.

Deputy Prime Minister Tran Hong Ha on September 12 said that Vietnam wants to join world-leading retailers like Walmart in forming comprehensive inclusive sustainable ecosystems with long-term commitment to benefit sharing in the consumer goods supply chain.

Vice Chairman of the Ho Chi Minh City People’s Committee Vo Van Hoan on June 8 suggested enhancing cooperation and coordination between Japanese firms in the city and local enterprises.

The Vietnam-US supply chain needs to be consolidated to improve its resilience and to maximise profitability for “links” in the chain, said experts at the Vietnam-US Trade Forum themed “Changes – Challenges – Adaptation”.

Vietnamese Minister of Industry and Trade Nguyen Hong Dien recently held phone talks with US Secretary of Commerce Gina Raimondo to discuss bilateral economic and trade issues.

Minister of Industry and Trade Nguyen Hong Dien requested the establishment of a steering committee to ensure sufficient essential goods supply for Ho Chi Minh City and other localities in the south as the total caseload in the city topped 8,000 on July 7.