News and Events

473 out of 475 National Assembly deputies participating in the vote voted in favour of the amended Petroleum Law at the First Extraordinary Session of the 16th National Assembly.

On August 23, at the First Extraordinary Session of the 16th National Assembly, the National Assembly voted to pass the amended Petroleum Law with an overwhelming majority.

The Ministry of Industry and Trade (MoIT) Party Committee held a conference to implement Conclusion No.207-KL/TW, focusing on proactive, technology-driven consumer protection efforts.

When Ho Chi Minh City discusses developing Outlet Centers, the issue is often viewed from the perspective of attracting tourists and retaining their shopping expenditure. However, this is also an opportunity for Vietnamese goods and brands to enter a new distribution channel, stand alongside international labels and reach foreign consumers directly in the domestic market.

Australian Ambassador Gillian Bird highlights untapped potential to expand Viet Nam - Australia trade and investment, particularly through FTAs and emerging sectors.

According to VGP, on August 19, Standing Deputy Prime Minister Pham Gia Tuc and Deputy Prime Minister Nguyen Van Thang held a working session with relevant ministries and agencies on the development of a competitive electricity market.

According to VGP, on August 19, at the Government Office, Standing Deputy Prime Minister Pham Gia Tuc received US Ambassador to Viet Nam Jennifer Wicks on a courtesy call to mark the beginning of her tenure in Viet Nam.

In just one decade, Vietnam’s durian cultivation area has increased more than fivefold, putting this billion-dollar crop under growing oversupply pressure. Meanwhile, relying on a single market for more than 90% of export value highlights the need to shift from a “seasonal crop mindset” to a “commodity-industry mindset,” tighten production planning and strengthen quality standardization.

Deputy Minister of Industry and Trade Phan Thi Thang stressed that Vietfish 2026 continues to affirm its role as a platform connecting the seafood industry, expanding trade, increasing product value and meeting increasingly stringent requirements in international markets.

Viet Nam and Uruguay agreed to strengthen trade promotion, expand market access and advance negotiations towards a preferential trade agreement.

The MoIT is drafting a new import-export strategy that turns growth targets into 82 specific tasks, with clear timelines, outputs and clear implementation roles.

The Department of Innovation, Green Transformation and Industrial Extension under the Ministry of Industry and Trade, in coordination with An Giang province, has inspected the implementation of national industrial extension projects at five rural industrial establishments in Phu Quoc Special Zone, An Giang province.

On the afternoon of August 17, chaired by Vice Chairman of the National Assembly Nguyen Hong Dien, the National Assembly Standing Committee gave its opinions on the explanation, incorporation and revision of the draft revised Petroleum Law.

Turkey has added the Denizli Provincial Directorate of Agriculture and Forestry to the list of authorities authorized to conduct official inspections of imported food products, a development Vietnamese businesses should take into account when completing import procedures.

A business-matching programme in Auckland has opened up new opportunities for cooperation, as Vietnam and New Zealand work towards the target of raising bilateral trade to USD 3 billion.

As part of the state visit delegation accompanying Party General Secretary and State President To Lam to New Zealand, Minister of Industry and Trade Le Manh Hung held a bilateral meeting with New Zealand Minister for Trade and Investment Todd McClay on the morning of August 13, 2026.

The 2026 UK - Viet Nam Summit was held in Ha Noi on August 12, focusing on fields that are creating new momentum for growth, including artificial intelligence (AI), financial technology, crypto assets, commodity derivatives markets and logistics.

Editor-in-Chief of the Industry and Trade Newspaper Nguyen Van Minh said distorted narratives are defeated by counterarguments and undeniable realities when Party members perform their duties well too.

On August 12, Deputy Minister of Industry and Trade Phan Thi Thang held an online working session with Andrea Corao Faria, Venezuela's Deputy Minister for Asia, the Middle East and Oceania at the Ministry of Foreign Affairs and Foreign Trade.

Viet Nam and Australia are deepening energy and minerals cooperation strengthening supply chains, investment and support for the energy transition in both countries.

During his working trip accompanying Party General Secretary and State President To Lam on a State visit to Australia, Minister of Industry and Trade Le Manh Hung held a bilateral meeting with Australian Minister for Trade and Tourism Don Farrell in Canberra on August 11 (local time), to discuss measures to promote economic and trade relations between the two countries.

MoIT and WFZO discussed solutions to develop modern and smart economic zones, attract investment and strengthen international connectivity.

Vietnam’s coffee industry is not only benefiting from its strengths in production and exports, but is also opening up significant room for growth in the domestic retail market. As institutional capital and private equity funds show increasing interest in the F&B sector, scalability, operational control, unit economics and the ability to develop an integrated value chain are becoming key factors determining the attractiveness of businesses.

Viet Nam encourages high-quality Australian investment in its market, including in green financial products, digital infrastructure, data and innovation centres, while seeking stronger technical support and experience sharing in developing an international financial centre, said Party leader To Lam.

Latvia's The Daeg International Trade SIA will make its debut at VIS 2026, seeking Vietnamese partners in food production, distribution and investment.

On August 7 in Hanoi, Party General Secretary and State President To Lam received President of the National Assembly and Speaker of the House of Representatives of the Kingdom of Thailand Sophon Zaram, who was on an official visit to Viet Nam and attending activities marking the 50th anniversary of diplomatic relations between Viet Nam and Thailand, established on August 6, 1976.

During the group discussion on the draft revised Petroleum Law, Minister of Industry and Trade Le Manh Hung responded to and clarified a wide range of issues raised by National Assembly deputies.

Party General Secretary and State President To Lam and a high-ranking Vietnamese delegation will pay state visits to Australia and New Zealand from August 9 to 14.

Petrovietnam urged closer diplomatic cooperation to strengthen energy security, diversify supplies and accelerate sustainable energy development.

Deputy Minister Nguyen Sinh Nhat Tan outlines GoGlobal priorities to help Vietnamese businesses expand sustainably and compete more effectively across world markets.