Vietnam is making strong progress in advancing its standing in the global semiconductor supply chain as many of the world’s largest chip manufacturers have landed in the Southeast Asian nation, insiders said.

VOV.VN - Vietnam and Russia signed two important agreements in the field of geological exploration and oil and gas exploitation on October 12.

VOV.VN - Vietnam spent US$6.65 billion buying eight million cubic metres of petrol and oil over the past nine months of the year, up 23.1% in volume but down 2.4% in value compared to the same period from 2022.

VOV.VN - Vietnam spent nearly US$3 billion purchasing cashew nuts for processing for exports and domestic use over the past nine months, according to the General Department of Vietnam Customs.

After the European Union (EU), the US will be the next to take its climate fight globally with the proposal of the Clean Competition Act, which, if passed, would impose border-adjusted carbon tariffs on its carbon-intensive imports.

The US’ increased trade defence measures on imports in general and Vietnamese goods in particular has made it increasingly hard to export to this market, according to Counsellor and head of the Vietnam Trade Office in the US Do Ngoc Hung.

VOV.VN - Vietnam’s gross domestic product (GDP) in the third quarter of the year grew by 5.33% on-year while the consumer price index (CPI) in September soared by 1.08% compared to the previous month, according to the General Statistics Office (GSO).

Authorities of southern Binh Duong province and the Vietnam Railways Corporation (VNR) held a ceremony on September 27 to launch an international multimodal train transporting goods from Song Than station to China.

VOV.VN - The nation is currently the eighth largest rubber supplier to the Japanese market, behind only Indonesia, Thailand, the Republic of Korea, Singapore, and the United States, according to the Import-Export Department under the Ministry of Industry and Trade.

Vietnam plays an important role in the supply chains of major sporting goods brands such as Adidas and Nike, which are taking actions to promote green and sustainable production in the country, heard a recent workshop held in Geneva, Switzerland.