Vietnam’s State President Vo Van Thuong will travel to the U.S. next week to attend the Asia-Pacific Economic Cooperation (APEC) Summit in San Francisco.

Out of nearly US$12 billion pledged by U.S. companies in Vietnam, only US$149 million has been committed to agricultural projects, representing a mere 1.35% of the total.

The VND120-trillion credit package for social housing development is facing sluggish disbursement, with just VND105 billion disbursed to date.

Germany and Vietnam have signed an agreement on official development assistance (ODA) for Vietnam for the 2024-2025 period.

To alleviate traffic congestion in the southern gateway area of the city, HCMC plans to spend over VND3,700 billion constructing a new bridge that will connect Saigon South with District 1.

The U.S. Department of the Treasury has continued not designating Vietnam as a currency manipulator, the State Bank of Vietnam (SBV) said on November 8.

The United Kingdom (UK) has unveiled an official development assistance (ODA) program as part of the International Science Partnerships Fund (ISPF), one of the largest science and technology collaboration initiatives between the UK and international partners. Part of the fund will be set aside for cooperation projects with Vietnam.

The U.S. Department of Commerce (DOC) has commenced an anti-dumping probe into aluminum extrusions and aluminum products imported from Vietnam.

The Government has submitted a proposal to extend the two-percentage-point reduction of the value-added tax (VAT) for certain goods and services until mid-2024.

Vietnam’s total foreign trade in the year to October had amounted to US$557.95 billion, with seven groups of export items generating export revenue of US$10 billion or above each.