Vietnam manufacturing returns to expansion

Vietnam officially joined the Ayeyawady - Chao Phraya - Mekong Economic Cooperation Strategy (ACMECS) at the first ACMECS Ministerial Meeting in Thailand in November 2004. As an active and responsible member, Vietnam has made and continues to make significant contributions to ACMECS.

At the invitation of Chinese Premier Li Qiang, Prime Minister Pham Minh Chinh is leading a high-level delegation to the 8th Greater Mekong Subregion (GMS) Summit from November 5-8, 2024. On this occasion, he will also attend the 10th Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) Summit and the 11th Cambodia-Laos-Myanmar-Vietnam (CLMV) Cooperation Summit and hold working sessions in China.

In the special feature on the new era—the era of the nation's rise—on October 31, 2024, Party General Secretary To Lam outlined seven strategic directions for the country to embark on this new phase of national development.

Vietnam and Cuba continue to engage in regular bilateral contacts and exchanges at various levels, particularly at the highest levels. The robust political and diplomatic relationship has facilitated significant economic and trade cooperation between the two nations. Currently, Vietnam ranks as Cuba's second-largest trade partner in Asia and stands as the largest foreign investor from the Asian region in Cuba.

As of October 2024, Vietnam has signed and implemented 17 Free Trade Agreements (FTAs) and is negotiating two more. Expanding its FTA network underscores Vietnam’s commitment to economic integration, offering substantial opportunities to deepen its role in global value chains, boost exports, drive GDP growth, and enhance institutional frameworks.

Prime Minister Pham Minh Chinh, his spouse and a high-ranking delegation of Vietnam are paying an official visit to Qatar. This is the first official visit by a Vietnamese Prime Minister to Qatar in 15 years.

Prime Minister Pham Minh Chinh and his spouse, along with a high-level delegation from Vietnam, participate in the 8th Future Investment Initiative Conference and pay a working visit to the Kingdom of Saudi Arabia.

The relationship between Vietnam and the United Arab Emirates (UAE) has been progressing well, delivering many tangible results. The UAE is the first country in the Middle East-Africa region with which Vietnam has initiated discussions to elevate bilateral ties to a new level. Economically, the UAE is Vietnam's largest export market in this region.

The Vietnamese community abroad is an important resource in the process of building and developing the country over the past years.

The renowned US travel magazine Condé Nast Traveler has just announced the 2024 Readers' Choice Awards, in which Vietnam has made it to the top 20 favourite countries among global travelers.