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<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2026/4/3/chu-tich-ubnd-hn-vu-dai-thang-1-17751841691351579632267.jpg" alt="Prime Minister approves local-level election results- Ảnh 1."></figure>Chairman of Ha Noi City People's Committee for Vu Dai ThangIn Decision No. 566/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Ha Noi City People's Committee for Mr. Vu Dai Thang - Member of the Party Central Committee, Deputy Secretary of Ha Noi City Party Committee, Chairman of Ha Noi City People's Committee.In Decision No. 580/QD-TTg, the Prime Minister approved the election results for the position of Chairman of the Ho Chi Minh City People's Committee for Mr. Nguyen Van Duoc - Member of the Party Central Committee, Deputy Secretary of the Ho Chi Minh City Party Committee, Chairman of the Ho Chi Minh City People's Committee.In Decision No. 571/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Hue City People's Committee for Mr. Nguyen Khac Toan - Member of the Party Central Committee, Deputy Secretary of the City Party Committee, Chairman of Hue City People's Committee.In Decision No. 548/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Can Tho City People's Committee for Mr. Truong Canh Tuyen - Deputy Secretary of the City Party Committee, Chairman of Can Tho City People's Committee.In Decision No. 588/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Tuyen Quang Provincial People's Committee for Mr. Phan Huy Ngoc - Deputy Secretary of the Provincial Party Committee, Chairman of Tuyen Quang Provincial People's Committee.In Decision No. 581/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Cao Bang Provincial People's Committee for Mr. Le Hai Hoa - Alternate Member of the Party Central Committee, Deputy Secretary of Cao Bang Provincial Party Committee, Chairman of Cao Bang Provincial People's Committee.In Decision No. 555/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Lai Chau Provincial People's Committee for Mr. Ha Quang Trung - Deputy Secretary of Lai Chau Provincial Party Committee, Chairman of Lai Chau Provincial People's Committee.In Decision No. 556/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Lao Cai Provincial People's Committee for Mr. Nguyen Tuan Anh - Deputy Secretary of Lao Cai Provincial Party Committee, Chairman of Lao Cai Provincial People's Committee.In Decision No. 569/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Thai Nguyen Provincial People's Committee for Mr. Vuong Quoc Tuan&nbsp;- Member of the Party Central Committee, Deputy Secretary of the Provincial Party Committee, Chairman of Thai Nguyen Provincial People's Committee.In Decision No. 597/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Dien Bien Provincial People's Committee for Mr. Le Van Luong - Deputy Secretary of Dien Bien Provincial Party Committee, Chairman of Dien Bien Provincial People's Committee.In Decision No. 563/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Lang Son Provincial People's Committee for Mr. Nguyen Canh Toan - Deputy Secretary of Lang Son Provincial Party Committee, Chairman of Lang Son Provincial People's Committee.In Decision No. 593/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Son La Provincial People's Committee for Mr. Nguyen Dinh Viet - Deputy Secretary of Son La Provincial Party Committee, Chairman of Son La Provincial People's Committee.In Decision No. 559/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Phu Tho Provincial People's Committee for Mr. Tran Duy Dong - Alternate Member of the Party Central Committee, Deputy Secretary of Phu Tho Provincial Party Committee, Chairman of Phu Tho Provincial People's Committee.In Decision No. 535/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Bac Ninh Provincial People's Committee for Mr. Pham Hoang Son - Deputy Secretary of Bac Ninh Provincial Party Committee, Chairman of Bac Ninh Provincial People's Committee.In Decision No. 558/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Quang Ninh Provincial People's Committee for Mr. Bui Van Khang - Deputy Secretary of Quang Ninh Provincial Party Committee, Chairman of Quang Ninh Provincial People's Committee.In Decision No. 568/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Ninh Binh Provincial People's Committee for Mr. Nguyen Thanh Binh - Deputy Secretary of Ninh Binh Provincial Party Committee, Chairman of Ninh Binh Provincial People's Committee.In Decision No. 567/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Thanh Hoa Provincial People's Committee for Mr. Nguyen Hoai Anh - Member of the Party Central Committee, Deputy Secretary of the Provincial Party Committee, Chairman of Thanh Hoa Provincial People's Committee.In Decision No. 546/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Nghe An Provincial People's Committee for Mr. Vo Trong Hai - Deputy Secretary of the Provincial Party Committee, Chairman of Nghe An Provincial People's Committee.In Decision No. 570/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Ha Tinh Provincial People's Committee for Mr. Phan Thien Dinh - Deputy Secretary of Ha Tinh Provincial Party Committee, Chairman of Ha Tinh Provincial People's Committee.In Decision No. 562/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Quang Tri Provincial People's Committee for Mr. Le Hong Vinh - Deputy Secretary of the Provincial Party Committee, Chairman of Quang Tri Provincial People's Committee.In Decision No. 577/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Quang Ngai Provincial People's Committee for Mr. Nguyen Hoang Giang - Deputy Secretary of Quang Ngai Provincial Party Committee, Chairman of Quang Ngai Provincial People's Committee.In Decision No. 582/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Gia Lai Provincial People's Committee for Mr. Pham Anh Tuan - Member of the Party Central Committee, Deputy Secretary of Gia Lai Provincial Party Committee, Chairman of Gia Lai Provincial People's Committee.In Decision No. 536/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Dak Lak Provincial People's Committee for Mr. Do Huu Huy - Alternate Member of the Party Central Committee, Deputy Secretary of Dak Lak Provincial Party Committee.In Decision No. 579/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Khanh Hoa Provincial People's Committee for Mr. Nguyen Viet Hung - Deputy Secretary of Khanh Hoa Provincial Party Committee.In Decision No. 554/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Lam Dong Provincial People's Committee for Mr. Ho Van Muoi - Member of the Party Central Committee, Deputy Secretary of Lam Dong Provincial Party Committee, Chairman of Lam Dong Provincial People's Committee.In Decision No. 565/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Dong Nai Provincial People's Committee for Mr. Nguyen Van Ut - Deputy Secretary of Dong Nai Provincial Party Committee, Chairman of Dong Nai Provincial People's Committee.In Decision No. 539/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Tay Ninh Provincial People's Committee for Mr. Le Van Han - Deputy Secretary of Tay Ninh Provincial Party Committee, Chairman of Tay Ninh Provincial People's Committee.In Decision No. 564/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Dong Thap Provincial People's Committee for Mr. Pham Thanh Ngai&nbsp;- Deputy Secretary of Dong Thap Provincial Party Committee, Chairman of Dong Thap Provincial People's Committee.In Decision No. 573/QD-TTg, the Prime Minister approved the election results for the position of Chairman of An Giang Provincial People's Committee for Mr. Ho Van Mung&nbsp;- Member of the Party Central Committee, Deputy Secretary of the Provincial Party Committee, Chairman of An Giang Provincial People's Committee.In Decision No. 578/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Vinh Long Provincial People's Committee for Mr. Tran Tri Quang&nbsp;- Deputy Secretary of Vinh Long Provincial Party Committee, Chairman of Vinh Long Provincial People's Committee.In Decision No. 572/QD-TTg, the Prime Minister approved the election results for the position of Chairman of Ca Mau Provincial People's Committee for Mr. Lu Quang Ngoi&nbsp;- Deputy Secretary of Ca Mau Provincial Party Committee, Chairman of Ca Mau Provincial People's Committee.These decisions take effect from March 31, 2026./.

Prime Minister Pham Minh Chinh approved the results of the election of Chairpersons of provincial-level People's Committees in the 2026-2031 period.

Prime Minister approves local-level election results

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2026/4/2/npn-1775121899658609228819.jpg" alt="Viet Nam advocates for Cuba-U.S. dialogue to seek solutions to differences- Ảnh 1."></figure>Spokesperson of the Ministry of Foreign Affairs Pham Thu Hang - Photo: laodongSpokesperson of the Ministry of Foreign Affairs Pham Thu Hang made the above statement at a press briefing in Ha Noi on Thursday.Pham stated that Viet Nam is closely monitoring the situation in Cuba and believes that Cuba will overcome its current difficulties and challenges.Viet Nam reaffirms its traditional solidarity and friendship with the brotherly Cuban people and consistently supports resolutions of the United Nations General Assembly calling for the removal of the unilateral embargo against Cuba, she emphasized.The diplomat said that Viet Nam welcomes and supports Cuba and the U.S. to conduct dialogues to seek solutions to differences in their bilateral relations on the basis of respect for independence, sovereignty, territorial integrity, and the fundamental principles of international law.Viet Nam hopes that both sides will soon reach common ground and move toward improving and normalizing relations for the benefit of their peoples as well as for peace, cooperation, stability, and development in the region and the world, Pham underlined./.

Viet Nam advocates for dialogue between Cuba and the U.S. to find solutions to their differences on the basis of respect for independence, sovereignty, territorial integrity and the fundamental principles of international law.

Viet Nam advocates for Cuba-U.S. dialogue to seek solutions to differences

On March 28, in Quang Ngai, Acting Minister of Industry and Trade Le Manh Hung - Standing Deputy Head of the Task Force on ensuring energy security amid the complex developments of the military conflict in the Middle East led a working delegation from the Ministry of Industry and Trade to meet with Binh Son Refining and Petrochemical Joint Stock Company (BSR) on ensuring energy security in the new phase.​The delegation from the Ministry included leaders of several units: the Oil, Gas and Coal Department; the Department of Planning, Finance and Enterprise Management; the Agency for Domestic Market Surveillance and Development; the Ministry Office; the Newspaper of Industry and Trade; as well as representatives from the Quang Ngai Department of Industry and Trade.On the enterprise side, participants included Le Xuan Huyen, Deputy Director in charge of the executive board of Vietnam National Industry - Energy Group (Petrovietnam); Bui Ngoc Duong, Secretary of the Party Committee and Chairman of the Board of Directors of BSR; and Nguyen Viet Thang, Deputy Secretary of the Party Committee and General Director of BSR.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/03/31/1-12020342.png" alt="Overview of the working session."></figure>Overview of the working session.BSR secures feedstock supply though early July&nbsp;Reporting on BSR’s production and business performance, Nguyen Viet Thang said that in the first quarter of 2026, the refinery operated at an average equivalent capacity of over 120%. Total output reached approximately 2.3 million tonnes, with more than 2 million tonnes supplied to the market, exceeding the planned target.Amid strong market volatility, the refinery has proactively prepared sufficient crude oil and intermediate feedstock to ensure continuous high-capacity operations. To date, feedstock supply has been secured through the end of June and is basically stable until early July.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/03/31/2-12022381.png" alt="​BSR Deputy Party Secretary and Director Nguyen Viet Thang presents the company’s production and business performance results."></figure>​BSR Deputy Party Secretary and Director Nguyen Viet Thang presents the company’s production and business performance results.Regarding biofuels, the refinery has resumed production since the beginning of the year, currently operating at around 75% capacity and expected to ramp up to 100% in the near term to serve biofuel blending. The E100 and E10 blending systems have been largely completed and are ready for operation.At the meeting, Le Xuan Huyen noted that from the onset of market disruptions, Petrovietnam had proactively conducted early forecasts, developed response scenarios, and promptly reported to the Government. The group has since implemented three key measures in a coordinated manner: adjusting tax policies appropriately, granting greater autonomy in sourcing and importing crude oil, and tightening export controls to prioritize domestic supply.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/03/31/3-12031830.png" alt="Le Xuan Huyen, Deputy Director in charge of Petrovietnam’s executive board, delivers remarks at the meeting."></figure>Le Xuan Huyen, Deputy Director in charge of Petrovietnam’s executive board, delivers remarks at the meeting.Thanks to these measures, crude oil supply has been basically secured, enabling the Dung Quat Refinery to maintain continuous operations and even postpone its maintenance shutdown plan from early April to May, avoiding production disruptions. However, challenges remain, particularly in securing additional imported crude oil.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/03/31/4-12033538.png" alt="Tran Huu Linh, Director of the Agency for Domestic Market Surveillance and Development, delivers remarks at the meeting."></figure>Tran Huu Linh, Director of the Agency for Domestic Market Surveillance and Development, delivers remarks at the meeting.Ensuring energy security through three core pillarsDelivering his directive remarks, Acting Minister Le Manh Hung stressed that ensuring national energy security requires meeting three core conditions: sufficient energy supply, uninterrupted supply chains, and affordability for both people and businesses.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/03/31/5-12035534.png" alt="Tran Huu Linh, Director of the Agency for Domestic Market Surveillance and Development, delivers remarks at the meeting."></figure>Tran Huu Linh, Director of the Agency for Domestic Market Surveillance and Development, delivers remarks at the meeting.He noted that under the leadership of the Politburo, the Central Executive Committee, the Government, and the Prime Minister, along with coordinated efforts by ministries, sectors, and major enterprises, Vietnam has managed to ensure adequate domestic fuel supply. The Government has also implemented timely tax and fee measures to stabilize fuel prices. Coordination between the Ministry of Industry and Trade and the Ministry of Finance in utilizing the Petroleum Price Stabilization Fund has helped maintain domestic prices lower than the global average and lower than most neighboring countries sharing land borders.On behalf of the Ministry and the Task Force, Acting Minister Le Manh Hung commended the responsibility and capacity demonstrated by Petrovietnam and BSR in contributing to national energy security.However, he emphasized that the current context presents unprecedented challenges. The second plenum of the 14th Central Committee has underscored a strong determination to achieve double-digit economic growth. Therefore, it is imperative to enhance awareness and capacity for managing volatility, continuously update situational assessments, and refine response scenarios at all levels, from national to sectoral and enterprise levels.The Acting Minister reaffirmed that the overarching objective is to firmly ensure national energy security and assigned specific tasks to enterprises and relevant units under the Ministry. For BSR, this includes continuing to apply technological solutions in corporate governance, promptly reporting key operational indicators to support regulatory scenarios, and ensuring high-capacity operations while maintaining absolute safety within operational and design limits. The company is also required to diversify feedstock sources, particularly domestic supplies, strengthen connectivity among units within and beyond the group, and move towards an integrated value chain management model. Together with Petrolimex and other key distributors, efforts should be made to reorganize the supply chain in a more synchronized and efficient manner.He also underscored that enterprises must share responsibility with the economy in a targeted manner, ensuring that benefits are directly transmitted to the market and end consumers rather than remaining within intermediary stages such as transportation or distribution. Priority should be given to solutions that reduce retail prices and adjust discount mechanisms appropriately, thereby providing tangible support to people and businesses.For units under the Ministry, he called for close coordination with enterprises to update and develop proposals on reserves, including both crude oil and refined products, ensuring alignment with regulatory and energy security requirements in the new context. He also urged the prompt review and incorporation of feedback from the meeting to refine policy frameworks in the process of amending the Petroleum Law, as well as strengthening coordination with the Ministry of Science and Technology to review and adjust technical standards related to petroleum products, particularly indicators such as oxygen, ethanol, and olefins. Efforts should also be made to finalize the revised decree on petroleum business.The Acting Minister further instructed market surveillance forces to closely monitor developments, promptly detect and address emerging issues, and accelerate the rollout of E10 gasoline while ensuring strict control throughout the implementation process.Selected images from the activities of Acting Minister of Industry and Trade Le Manh Hung and the working delegation:​<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/03/31/6-12043364.png" alt="MOIT, BSR advance solutions to strengthen national energy security - 6"></figure><figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/03/31/7-12044361.png" alt="MOIT, BSR advance solutions to strengthen national energy security - 7"></figure><figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/03/31/8-12045436.png" alt="MOIT, BSR advance solutions to strengthen national energy security - 8"></figure><figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/03/31/9-12050458.png" alt="The Acting Minister works at the Dung Quat Ethanol Plant."></figure>The Acting Minister works at the Dung Quat Ethanol Plant.Phuong Trang

Acting Minister Le Manh Hung meets BSR, stressing three core pillars to safeguard energy security amid global supply volatility.

MOIT, BSR advance solutions to strengthen national energy security

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2026/3/26/fa9f370dd8c64fcd93d15c5e3f25f230-54978-17744935990341495685530.jpg" alt="Ha Noi to pilot low-emission zone at Hoan Kiem ward from July- Ảnh 1."></figure>Ha Noi to pilot low-emission zones at Hoan Kiem ward from July 1, 2026 - Illustration photoThe initiative aims to gradually reduce pollution while encouraging the adoption of environmentally friendly transport.Ms. Le Thanh Thuy - Deputy Head of the Environment Division under the Municipal Department of Agriculture and Environment said Ha Noi is gradually develop policies for low-carbon zones.In the initial phase, the pilot zone will cover a relatively small area, largely building on existing pedestrian streets and extending to nearby parts of Hoan Kiem ward.Following the pilot period, the city plans to expand the low-emission zone to cover the central part of Hoan Kiem ward, and to reach Ring Road 1 and eventually Ring Road 2 in line weith the Government's broader direction over the next three to five years.Ha Noi also aims to gradually limit fossil fuel-powered vehicles, with stricter control in designated low-emission areas. Certain vehicles that fail to meet emission standards may face restrictions or bans.&nbsp;To support this transition, the city is developing policies to encourage the use of clean vehicles, which are expected to be submitted to the municipal People's Council in early 2026.The system will be monitored through a combination of surveillance cameras, emission measurement devices, and an integrated AI-driven data platform, alongside QR codes and automated toll collection to ensure transparent and effective management.Experts stress that implementation should be carried out cautiously, with well-coordinated policies to ensure both feasibility and long-term effectiveness.Dr. Pham Sy Thanh, Director of the Center for Economic and Strategic Research, noted that transitioning to green transportation is a long-term process requiring careful preparation and a vision spanning at least a decade. He suggested a phased approach—first improving the efficiency of internal combustion engine vehicles, then shifting to new-energy vehicles, and ultimately developing an intelligent transport system.From a policy standpoint, Nguyen Xuan Thuy of the University of Economics under Viet Nam National University, Ha Noi, and a consultant to the United Nations Industrial Development Organization, emphasized the need to align transport policies with the development of the domestic automobile and motorcycle industry. She noted that the transition should not only address congestion and pollution, but also support emissions reduction and the growth of a green industrial sector.International experience shows that effective transport transformation requires a coordinated mix of policy tools. Financial incentives—such as subsidies for electric vehicles and tax and fee reductions—are crucial in the early stages to stimulate demand. These should be complemented by regulatory measures, including low-emission zones, emission labeling, and emission-based charges.Infrastructure development is also key. Expanding charging networks, battery-swapping systems, and requiring charging facilities in buildings can help ease concerns and improve access for users transitioning to electric vehicles.According to the Ha Noi Department of Agriculture and Environment, the city is developing a roadmap for low-emission zones tailored to local conditions. Officials note that pedestrian streets already function as a form of low-emission zone, and pilot models will provide a basis for broader expansion.Meanwhile, the Ha Noi Department of Construction said the city will continue promoting public transport, managing high-emission vehicles, and encouraging the use of cleaner alternatives. Plans also include expanding pedestrian areas, improving transit connectivity, and investing in green infrastructure such as charging stations and battery treatment systems.Authorities are also working on support policies for individuals and businesses to transition to environmentally friendly vehicles, alongside building a monitoring and evaluation system based on scientific tools and digital technologies./.

Ha Noi is set to pilot a low-emission zone around the core area of Hoan Kiem Lake starting July 1, 2026, as part of efforts to curb emissions, improve air quality, and accelerate the shift toward greener transportation.

Ha Noi to pilot low-emission zone at Hoan Kiem ward from July

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2026/3/25/img2654-17743698120601961441276-245-1774409785592695396574.jpg" alt="Russia to assist Viet Nam in ensuring energy security amid global uncertainties- Ảnh 1."></figure>Vietnamese Prime Minister Pham Minh Chinh (R) shakes hands with Secretary of the Security Council of the Russian Federation Sergey Shoigu, Moscow, March 24, 2026 - Photo: VGP/Nhat BacSergey Shoigu made the above statement during his meeting with Vietnamese Prime Minister Pham Minh Chinh in Moscow on March 24, as part of the latter's official visit to Russia.During the meeting, the two sides discussed measures to address existing challenges and promote collaboration in the fields of defense and security, trade and investment, oil and gas energy, transport, culture, people-to-people exchanges, and tourism.Both sides expressed their confidence that, with strong political will and mutual trust, the traditional friendship and Comprehensive Strategic Partnership between Viet Nam and Russia will be repositioned and elevated in the new context, delivering tangible benefits to their people.They agreed to strengthen cooperation in military-technical fields and high-quality human resource training, and enhance the role of the Viet Nam–Russia Tropical Center in advancing scientific and technological collaboration.They also affirmed that there remains substantial potential to further expand cooperation across all areas, and agreed to support closer coordination between relevant agencies in addressing both traditional and non-traditional security challenges, thus contributing to peace, stability, cooperation, and development in accordance with the United Nations Charter and international law.Sergey Shoigu stressed Russia's desire to further deepen traditional areas of cooperation and expand into new fields in line with both sides' conditions, thereby elevating the bilateral ties to a new level./.&nbsp;

Russia is ready to back Viet Nam in ensuring energy security amid global uncertainties, said Secretary of the Security Council of the Russian Federation Sergey Shoigu.

Russia to assist Viet Nam in ensuring energy security amid global uncertainties

Disruptions in the Strait of Hormuz are pushing global energy markets into sharp volatility, on a scale considered to exceed the oil shocks of the 1970s, forcing many countries to urgently deploy measures to secure supply and stabilize their economies.On March 22, the International Energy Agency (IEA) warned that disruptions in the Strait of Hormuz are creating the “largest energy bottleneck in history,” as a route carrying around 20% of global oil and gas supply has been nearly paralyzed since late February. According to the IEA, about 11 million barrels of oil per day and 140 billion cubic meters of gas have been disrupted, pushing crude prices above USD 100 per barrel and driving up overall energy costs.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/03/24/z7651958918577e12e5d5a4d1b582c2c35569337e1cd92-10370427.jpg" alt="Strait of Hormuz."></figure>Strait of Hormuz.The IEA noted that the impact of the crisis extends beyond fuel prices, spilling over into inflation, import costs and economic growth. Its scale and severity are seen as surpassing the oil shocks of the 1970s which upended the global economy, as well as the energy crisis during the Russia - Ukraine conflict.At a time when supply chains have yet to fully recover and inflation remains elevated, the current shock is regarded as one of the most severe energy disruptions in decades, with far-reaching effects on production, trade and daily life.In response, the IEA has coordinated the release of around 400 million barrels of oil from strategic reserves, the largest intervention on record and said it stands ready to deploy additional reserves if needed. However, the agency emphasized that current measures are primarily aimed at mitigating economic impacts, while the fundamental solution remains the restoration of normal operations in the Strait of Hormuz.In practice, supply disruptions have forced many refineries in Asia to cut output, while in Europe, gas prices have surged by more than 60%, driving up both production and living costs. In France, gasoline prices are hovering around 1.87 euros per liter and diesel at approximately 2.03 euros per liter, placing significant pressure on households and businesses.Amid growing instability in fuel and gas supplies, many countries have moved swiftly to curb the impact of soaring prices. In South Korea, President Lee Jae Myung has called for fuel price caps and preventive measures to stabilize both prices and foreign exchange markets. In Hungary, the government has capped retail prices at 595 forints per liter for gasoline and 615 forints for diesel, while also tapping national oil reserves to ensure supply.​<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/03/24/z7651965463067f8a78d6b1bf526a50611384e30a20675-10383427.jpg" alt="Fuel crisis spreads, nations tighten supply and price controls - 2"></figure>Meanwhile, Slovenia has introduced fuel purchase limits, allowing private vehicles to buy no more than 50 liters per day, while businesses and priority groups are capped at 200 liters. Some companies, such as MOL Group, have imposed even stricter limits of 30 liters for individual customers.As the situation evolves, many countries continue to roll out policy measures to ease price pressures and safeguard energy security. Across Europe, governments are combining price controls with tax policies; Germany and Austria are managing the frequency of price adjustments to limit market volatility, while Spain has introduced a 5 billion euro support package and cut energy VAT from 21% to 10%.In Asia, which is directly affected as a large share of oil and LNG flows through Hormuz, many countries are focusing on reducing consumption and securing supply. Sri Lanka has imposed fuel quotas; the Philippines has implemented a four-day workweek in the public sector; and Thailand is considering price caps and vehicle restrictions. South Korea and Japan are also tightening price controls and boosting reserves.In Vietnam, as a net importer of petroleum products, global price fluctuations have quickly transmitted into the domestic economy. However, regulatory measures have been implemented early, proactively and in a coordinated manner, ensuring that domestic supply remains largely stable without widespread disruptions or shortages.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/03/24/z7651965598153747eb780457618b1d417e50a11ef73a1-10401064.jpg" alt="Fuel crisis spreads, nations tighten supply and price controls - 3"></figure>The Ministry of Industry and Trade has promptly and continuously issued directives to the nationwide fuel distribution system, requiring uninterrupted operations and ensuring supply under all circumstances. At the same time, it has proactively reviewed and amended policies to facilitate the diversification of import sources, thereby strengthening supply for production and consumption.Price management has been conducted flexibly, closely tracking global market developments, while effectively combining the Price Stabilization Fund with tax and fee instruments to limit sharp fluctuations, contributing to inflation control and macroeconomic stability.In parallel, measures to enhance reserves and ensure smooth distribution across the supply chain continue to be implemented, improving resilience against adverse external shocks.Current developments underscore the vulnerability of import-dependent economies to geopolitical energy shocks. In the short term, priorities lie in securing supply, managing prices flexibly and stabilizing markets. Over the long term, countries need to expand strategic reserves, improve energy efficiency, accelerate the development of renewable energy and strengthen regional cooperation to respond to disruptions at critical chokepoints such as the Strait of Hormuz.Phuong Trang

Supply shocks at Hormuz drive fuel prices higher, with nations activating emergency measures to stabilize markets and ensure supply.

Fuel crisis spreads, nations tighten supply and price controls

From March 16 to 18, the 12th Meeting of the Joint Committee on the Implementation of the Regional Comprehensive Economic Partnership (RCEP) Agreement (RJC 12) took place in Wellington, New Zealand, with the participation of representatives from 10 ASEAN Member States and 5 partner countries: China, Japan, the Republic of Korea, Australia, and New Zealand. The Meeting was co-chaired by Indonesia, the coordinating country of the RCEP Agreement in ASEAN, and New Zealand, the RCEP coordinating country of the five partner countries.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/03/18/screenshot-2026-03-18-085137-09472565.png" alt="Delegates in attendance."></figure>Delegates in attendance.Delegates in attendance.At the meeting, the countries further exchanged views on improving and enhancing the effectiveness of the RCEP Supporting Unit (RSU). Based on the RSU's 2025 Annual Report, the countries discussed the implementation status of this Unit, including proposals for adjusting and expanding personnel, the implementation of technical support functions for member countries, as well as issues related to the Terms of Reference (TOR) and the future direction of the RSU's activities, given that the current term of the RSU will end at the end of 2026. The meeting also reviewed the financial contributions of members to the RCEP Trust Fund and the budget plan for the next phase. In addition, participating countries were updated on the progress of building the RCEP Agreement's website to enhance access to information for businesses and the public.Regarding the membership expansion process, the meeting discussed issues related to the review of applications from interested economies. Based on the responses of applicants to the questionnaire assessing readiness to join the Agreement, the countries exchanged views on the next steps to promote the accession review process, including expected timelines and work plans for the next phase. The meeting also heard a report from the ASEAN and East Asia Economic Research Institute (ERIA) on the research assessing the readiness of economies interested in joining the RCEP Agreement, thereby supporting member countries in their consideration and decision-making.In addition, the meeting began initial discussions on preparing for a comprehensive review of the RCEP Agreement, a crucial task that RCEP Leaders and Ministers have directed to be implemented in the near future. The participating countries also heard reports on the results of meetings of sectoral committees, including the Committee on Rules of Origin and the Committee on Services and Investment, and discussed issues arising during the implementation of the Agreement, including the difficulties and challenges faced by member countries and businesses.Furthermore, the meeting discussed the RCEP Joint Committee's work program for 2026, as well as other issues related to further strengthening the Agreement's institutional framework, including Indonesia's proposal to establish an RCEP Secretariat by upgrading the current RSU. The countries also discussed Timor-Leste's participation in the RJC meetings and sectoral committees, as well as other issues related to the implementation of the Agreement.The 12th RJC meeting affirmed the commitment of member countries to continue promoting the effective implementation of the RCEP Agreement, while preparing for the next steps in the Agreement's development, including membership expansion and a comprehensive review of the Agreement's content to ensure it remains relevant to the rapidly changing regional and global economic landscape.The 13th RJC meeting is scheduled to take place in June 2026.Anh Ngoc

The 12th RJC Meeting focused on advancing RCEP implementation, discussing membership expansion and outlining directions for its future development.

RJC 12: Promoting the effective implementation of the RCEP Agreement

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2026/3/17/digital-1773713573593862009672.jpg" alt="Gov’t approves digital transformation program for SMEs- Ảnh 1."></figure>The plan aims to enhance digital transformation capacity of SMEs through support packages, with a view to promoting substantive and comprehensive digital transformation, improving productivity, strengthening resilience to market fluctuations, and enabling deeper participation in regional and global value chains.By 2030, at least 500,000 SMEs will receive support through the activities of the program such as assessments of digital readiness, pilot testing and application of digital transformation products and solutions, digital transformation consulting, training, and capacity-building for digital skills.Among those, at least 300,000 SMEs will be assisted in applying digital technology products and solutions, digital platforms, and artificial intelligence.Meanwhile, a group of 200 exemplary SMEs in digital transformation will be formed in key sectors and fields such as science and technology, processing and manufacturing industries, agriculture, healthcare, trade, logistics, finance, education, and tourism.In addition, a network of digital transformation consultants will be formulated with the participation of at least 500 organizations and individuals that meet criteria on professional capacity and practical experience to accompany and support SMEs.To realize the above goals, key tasks include improving the institutional and policy framework to support SMEs in digital transformation, developing infrastructure to support digital transformation of SMEs and helping SMEs in digital transformation and developing the digital ecosystem./.

The Government has approved the digital transformation program for small and medium-sized enterprises (SMEs) in the 2026–2030 period.

Gov’t approves digital transformation program for SMEs

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2026/3/16/a-decade-of-persistence-powers-vietnams-drone-leap-39efed2e75ac49ddab1cc0cd0f55e361-30-1773632473372636045258.jpg" alt="Viet Nam boasts four distinctive advantages in global drone race- Ảnh 1."></figure>Viettel (Military Industry and Telecoms Group) plays a central role in Vietnam’s military UAV sector.Minister Nguyen made the assessment during a recent working session with Real-time Robotics, a Vietnamese company specializing in robotics and unmanned aerial vehicles (UAVs).He explained that the dream would become true if Viet Nam can leverage its strengths in software and AI engineering, integration with the East Asian electronics supply chain, cost-competitive manufacturing, and a large domestic application marketThe drone industry is unlike many traditional manufacturing sectors because it does not depend heavily on heavy industry. Instead, it is largely driven by artificial intelligence, software development and system integration—the areas where Viet Nam enjoys several comparative advantages.First, software and AI capabilities. Today's drones are far more than "small airplanes." Their core value lies in advanced technologies such as navigation systems, computer vision, autonomous operation and AI-based control. In essence, software determines much of a drone's value. Viet Nam has a large and growing pool of software engineers, a rapidly expanding AI ecosystem and relatively low research and development (R&amp;D) costs, all of which strengthen its competitiveness in this field.Second, Viet Nam's position within the regional electronics supply chain. The production of drones requires a range of components, including chips, cameras, sensors, motors and batteries. These are widely manufactured across the East Asian supply network, placing Viet Nam in a strategically advantageous location for efficient sourcing and production.Third, competitive manufacturing costs. Drones are categorized as light electronic and mechanical products that can be assembled through modular production processes. Such products align well with Viet Nam's manufacturing capabilities and skilled technical workforce, allowing the country to remain globally competitive in terms of production costs.Fourth, strong domestic demand. Viet Nam offers numerous practical applications for drones, including agriculture, power grid inspection, forest and maritime surveillance and logistics. A large and diverse domestic market enables businesses to test, refine and scale their technologies quickly. In contrast, many countries have struggled to develop strong robotics industries due to the absence of a sufficiently robust home market.Minister Nguyen stressed that Viet Nam is entering a new stage of development. In this phase, technology enterprises will play an increasingly important role. Companies that are willing to invest in research and development (R&amp;D), develop new technologies, and venture into challenging fields will be the ones leading the economy.The State has the responsibility to create a favourable environment for technology enterprises to grow: an open and enabling institutional framework, a strong innovation ecosystem, policies that encourage research and development, and acting as the first buyer of new technological products.He added that the Ministry of Science and Technology will continue to accompany technology enterprises, promote R&amp;D activities, facilitate the commercialisation of research results, and support the development of new technologies.Earlier, experts forecast that Viet Nam's UAV market could hit US$10 billion and create 1 million jobs by 2035, offering major opportunities for local tech firms to invest in R&amp;D, manufacturing, and services.The UAV usage is expanding across Viet Nam. In agriculture, the Mekong Delta already operates over 3,000 drones across 1.5 million hectares. The agricultural UAV and robotics market is predicted to reach US$ 363.7 million by 2030, up 4.76 percent annually. A single drone can spray or monitor 60–70 hectares per day, far exceeding the manual labor capacity of 1 hectare. In the electricity sector, one hour of UAV inspection can replace three days of manual work.With the issuance of Decree 288, dated November 5, 2025, regulating the management of unmanned aircraft and other flying vehicles, Viet Nam now has a clearer regulatory framework for unmanned aerial vehicles. Previously, UAVs were managed mainly under the Law on People’s Air Defence, where they were treated primarily as security-sensitive objects. This approach made access and deployment difficult, even for aviation professionals.Although the Party and Government have identified the low-altitude economy as a potential growth driver, the regulatory system has not yet fully shifted from a control-oriented mindset to a development-oriented one. Procedures remain relatively complex, which slows down commercial expansion./.

Viet Nam has the potential to become a global hub for drone development and production, said Minister of Science and Technology Nguyen Manh Hung.

Viet Nam boasts four distinctive advantages in global drone race

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/344443456812359680/2026/3/13/tranthanhman-1713322254634998408231-1773390326599914405180.jpg" alt="Top legislator calls on voters to wisely choose deputies - Ảnh 1."></figure>Chairman of the National Assembly and Chairman of the National Election Council, Tran Thanh ManHe described the 2026 general election (March 15) as a significant political event that enables citizens across the country to exercise their rights and contribute to shaping state institutions through the election of qualified representatives.To ensure the success of the election, thorough preparations have been carried out across all sectors with the active participation of the entire political system, he said.According to the NA Chairman, preparations have been conducted proactively, comprehensively and in strict compliance with legal regulations, ensuring all necessary conditions for the polls to take place safely, democratically and lawfully. Authorities at both central and local levels have worked in close coordination to guarantee the election's success.He noted that the Politburo issued Directive No. 46-CT/TW in May 2025 to guide the organization of the election, followed by additional instructions to ensure thorough implementation. Relevant agencies have issued a full set of legal documents and operational guidelines, while localities have completed training, infrastructure preparations and security arrangements.Candidate selection — the most critical stage of the election process — has been conducted in an open, democratic and transparent manner, ensuring both continuity and renewal. Following the third consultative conference, the National Election Council officially announced a list of 864 candidates running for seats in the 16th National Assembly across 182 constituencies nationwide.For People's Councils at all levels, the official lists include 4,223 candidates for provincial-level councils and 121,242 candidates for commune-level councils, ensuring representation from various social groups, sectors and regions.Voter registration has also been carried out in strict accordance with regulations, with more than 78 million voters nationwide eligible to cast their ballots. One notable improvement is the transition from manual voter list management to digital systems, helping shorten processing time, improve accuracy and reduce administrative workloads at the grassroots level.Inspection, supervision and the settlement of complaints and denunciations have been implemented systematically to ensure fairness and transparency. Meanwhile, communication efforts have been intensified through multiple media platforms to help voters better understand their rights and responsibilities.Security and safety measures have also been deployed nationwide, including the protection of information technology systems and cyberspace, to ensure the election is conducted safely and smoothly.Regarding new features of this election, Tran said this is the first general election to be held under the revised Law on Election of Deputies to the National Assembly and People's Councils.Key changes include holding the election two months earlier than in previous terms, requiring procedures to be streamlined while maintaining strict management.The organization of polling areas and election bodies has also been adjusted in line with the new two-tier local administration model, aiming to enhance coordination and accountability among authorities and related organizations.Another reform is the expansion of campaign methods, allowing voter meetings to be conducted both in person and online, thereby improving accessibility and transparency while ensuring compliance with legal regulations.Digital transformation has become a major highlight of this year's election process, with information technology applied in voter list management, election communication, progress reporting, vote counting support and result aggregation. Voter data is now managed through the national population database, while citizens can use the VNeID application to check their polling locations and personal information.As election day approaches, top legislator urged voters nationwide to actively participate in the voting to fulfil their civic duties and carefully select deputies who possess integrity, competence and credibility.Expressing confidence in the patriotic spirit, unity and responsibility of voters, he said the general election would be successfully organized and would truly become a nationwide festival of democracy./.

Chairman of the National Assembly Tran Thanh Man calls on voters nationwide to carefully choose candidates with integrity, competence and credibility who can genuinely represent the people's interests at the National Assembly and People's Councils.

Top legislator calls on voters to wisely choose deputies

Ample room for growthReleased on March 10, the DHL Global Connectedness Report 2026 highlights that international trade and foreign direct investment (FDI) remain central pillars of Vietnam’s economic development.Thanks to nearly four decades of persistent economic opening and integration, Vietnam has steadily strengthened its position within the global trading system.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/03/11/3-16591698.png" alt="The DHL Global Connectedness Report 2026 was released on March 10. Photo: DHL"></figure>The DHL Global Connectedness Report 2026 was released on March 10. Photo: DHLAccording to the report, when Vietnam launched its economic reform program in 1986, GDP per capita stood at just around USD 420 (in 2024 prices), placing the country among the poorest in the world. However, alongside economic reforms and expanding international integration, per capita income rose to approximately USD 4,700 by 2024.This transformation has been closely tied to the rapid expansion of international trade.Between 1986 and 2024, Vietnam’s goods exports as a share of GDP surged from 9% to 87%, reflecting the country’s increasingly deep integration into global supply chains.Vietnam has also actively participated in international economic cooperation frameworks while building an extensive network of free trade agreements. New-generation trade deals such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the Regional Comprehensive Economic Partnership (RCEP), and free trade agreements with the European Union and the Eurasian Economic Union have opened vast market opportunities for Vietnamese goods.During the 2025 - 2029 period, four Asian economies India, Vietnam, Indonesia, and the Philippines are projected to rank among the world’s top 30 economies in terms of both trade size and growth.Notably, Vietnam is forecast to rank fifth globally in terms of trade growth scale during this period.Updated projections released in early 2026 further reinforce the positive outlook. Vietnam is expected to record the world’s fourth-largest absolute increase in goods trade between 2026 and 2030, trailing only China, India, and the US.In terms of growth pace, Vietnam’s trade volume is projected to expand at a compound annual growth rate of about 6%, ranking 24th globally.According to Professor Steven A. Altman, Director of the DHL Globalization Initiative and lead author of the Global Connectedness Report 2026, Vietnam’s trade expansion is closely linked to its ongoing economic reforms and openness to international integration.“Vietnam is among the countries where rapid growth in per capita income has gone hand in hand with trade expansion since the launch of the Doi Moi reforms in 1986,” Altman noted.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/03/11/4-17000589.png" alt="Professor Steven A. Altman, Director of the DHL Globalization Initiative. Photo: DHL"></figure>Professor Steven A. Altman, Director of the DHL Globalization Initiative. Photo: DHLHe added that Vietnam’s goods exports currently account for the world’s sixth-highest share of GDP, while the number of its export markets ranks fifth globally, underscoring the country’s deep integration into the international trading system.“Vietnam’s trade growth prospects for the 2026 - 2030 period are particularly noteworthy. The country is projected to achieve the world’s fourth-largest absolute trade growth while maintaining an annual growth rate of around 6%,” Altman said.New opportunities in global supply chainsBeyond its trade growth outlook, Vietnam has also been recognized as one of the economies that has improved the most in terms of global economic connectedness over the past two decades.According to the DHL Global Connectedness Report 2026, Vietnam’s global connectedness score rose by 6.5 points between 2001 and 2025, placing the country among the world’s ten most improved economies.The index measures how strongly economies are connected through four pillars: trade, investment, information flows, and the movement of people.This improvement reflects Vietnam’s increasingly deep integration into the global economic system from expanding trade and attracting foreign direct investment to participating more deeply in global supply chains.According to John Pearson, Chief Executive Officer of DHL Express, while the world may appear more polarized than before, fundamental economic connections continue to endure.“The world may look more fragmented, but it is not truly decoupling. International trade is like a flow of water it finds ways to keep moving even when obstacles or disruptions arise,” Pearson said.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/03/11/qq-17012586.png" alt="John Pearson, Chief Executive Officer of DHL Express. Photo: Phuong Trang"></figure>John Pearson, Chief Executive Officer of DHL Express. Photo: Phuong TrangAccording to DHL representatives, Vietnam currently possesses several key advantages that could further strengthen its role within global trade networks.A young workforce, competitive costs, a strategic geographic location, and an improving logistics infrastructure are all important factors.“Vietnam is a highly promising market, particularly when considering the continued strong growth of FDI inflows. With its geographic advantages and improving logistics infrastructure, Vietnam is well positioned to expand its role in global supply chains,” a DHL representative noted.According to data from Vietnam’s Ministry of Industry and Trade, with total import-export turnover reaching nearly USD 3.8 trillion during the 2021 - 2025 period, Vietnam has risen into the world’s top 15 trading economies.This provides an important foundation for the country to pursue its goal of reaching $1 trillion in total trade turnover as early as 2026.<blockquote>Positive forecasts from international organizations suggest that Vietnam is entering a new phase in its journey of global economic integration. Amid a rapidly evolving global trade landscape, the Vietnamese economy is increasingly asserting its role as a dynamic manufacturing and trading hub, characterized by strong adaptability and substantial room for growth in the coming decade.</blockquote>Phuong Trang

The DHL Global Connectedness Report 2026 forecasts that Vietnam will continue to rank among the economies with the most promising trade growth prospects.

Vietnam forecast to rank among world’s fastest-growing trade economies

According to the Import-Export Department under the Ministry of Industry and Trade, from February 28, 2026, the United States and Israel launched large-scale airstrikes targeting Iran, marking a serious escalation of tensions in the Middle East.Within 24-48 hours after the strikes, all parties signaled preparations for a prolonged military confrontation. The waves of attacks and counterattacks have triggered severe instability, creating a high-risk environment for transportation, international trade and global supply chains.It is forecast that consumer goods prices, fuel prices and global oil prices may trend upward in the coming period, indirectly and multi-dimensionally affecting Vietnam’s production, import-export activities in general and trade with the Middle East in particular.For logistics services, rising fuel prices are expected to further push up sea freight and air cargo rates, while also disrupting cargo routes to Gulf countries. Several Middle Eastern nations have restricted or closed their airspace due to security concerns, forcing cargo and freight flights to reroute, lengthening flight times and increasing logistics costs.Shipping through the Strait of Hormuz has nearly come to a standstill following the airstrikes on Iran by the United States and Israel. Iran has warned vessels that transit through Hormuz is currently unsafe, compelling shipping lines to avoid the conflict zone or adjust routes, significantly increasing transit time and fuel costs.Amid complex developments in the Middle East, the Import-Export Department issued Official Dispatch No. 229/XNK-TLH dated March 1, recommending that associations and enterprises take proactive measures to manage risks.Specifically, the department urged import-export and logistics associations to closely monitor developments and maintain regular exchanges with management agencies to promptly update their members.On that basis, enterprises are advised to proactively adjust production plans, organize import-export and transport activities to avoid congestion, minimize impacts from the Middle East situation, and enhance resilience to international volatility.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/03/02/z7578674752060ac425ef00039af0a12d997255cd73350-13082378-15574305.jpg" alt="The Import-Export Department under the Ministry of Industry and Trade issued Official Dispatch No. 229/XNK-TLH on March 1, recommending proactive risk response. Photo: Can Dung"></figure>The Import-Export Department under the Ministry of Industry and Trade issued Official Dispatch No. 229/XNK-TLH on March 1, recommending proactive risk response. Photo: Can DungThe Import-Export Department also provided several specific recommendations to help businesses proactively respond and mitigate risks:First, diversify sources of supply and explore alternative markets with similar demand to reduce the impact of potential disruptions in exports to Israel, Iran and the Middle East. In the long term, enterprises should develop contingency plans for similar incidents.Second, during contract negotiations and signing, enterprises should pay close attention to logistics, transportation, delivery and insurance clauses to safeguard against risks and losses. Contracts should include force majeure provisions, compensation mechanisms and cost-sharing arrangements in case of incidents. Adequate cargo insurance should also be secured to prevent and minimize losses in importing markets.Third, regularly and proactively analyze data and coordinate with relevant ministries and agencies regarding import-export figures, geopolitical developments affecting production, trade and transportation, as well as freight rates, costs and surcharges, in order to timely agree on response measures for similar situations in the future.Fourth, proactively develop prevention and adaptation plans to minimize risks and losses arising from incidents in international trade and transportation, and prepare timely response scenarios to limit disruptions to supply chains.Fifth, maintain regular communication with relevant state management agencies such as the Import-Export Department, the Trade Promotion Agency, the Department of Foreign Market Development, and Vietnam Trade Offices and their branches abroad to seek new orders and potential markets, thereby formulating alternative or prioritized strategies to maximize emerging opportunities.Units under the Ministry of Industry and Trade, within their assigned functions and duties, will closely monitor developments in the Middle East, promptly update associations, and explore enhanced cooperation with international organizations to strengthen readiness for similar situations in the future.Kim Bui

Rising tensions in the Middle East may drive up oil prices and freight costs, disrupting Vietnam’s import-export and supply chains the Import-Export Department warns

Vietnam warns of Middle East risks to trade, logistics

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2026/3/4/img1346-17726037050921948816269-17726092667271153708254.jpg" alt="Prime Minister requests for suitable development scenarios amid volatile world- Ảnh 1."></figure>Prime Minister Pham Minh Chinh addresses the Cabinet meeting to review socio-economic situation in the first two months of 2026, Ha Noi, March 4, 2026 - Photo: VGP/Nhat BacThe request was made at the Cabinet meeting held on March 4 to review socio-economic performance in the first two months of 2026.The meeting took place against the backdrop of rapidly evolving global developments in February, including new U.S. tariff policies and escalating military tensions across the Middle East. These developments have disrupted global maritime and air transport, affected supply chains, and driven fluctuations in oil and LNG prices.At home, Viet Nam celebrated the Lunar New Year in a safe and festive atmosphere and quickly resumed socio-economic activities afterward. Preparations were stepped up for the election of deputies to the 16th National Assembly and People's Councils at all levels, alongside efforts to respond proactively to global uncertainties.The Prime Minister noted that Viet Nam maintained a positive socio-economic trajectory in February and the first two months of 2026, achieving encouraging results across various sectors despite both domestic and external challenges.However, he also pointed out a number of difficulties, including pressures on macroeconomic stability, inflation, exchange rates and interest rates; volatile gold and silver prices; substantial capital requirements to support the 10 percent growth target; obstacles facing several production and business sectors; and cumbersome administrative procedures.The Government leader urged the participants to steer discussions on assessing socio-economic performance in the first two months, identifying priority orientations for the coming period, evaluating policy responses to global developments, and proposing appropriate management scenarios to ensure proactive and effective governance.The meeting also reviewed the implementation of the Resolution of the <a href="https://en.baochinhphu.vn/full-resolution-of-14th-national-party-congress-111260214171856653.htm">14th National Party Congress </a>and other key resolutions, examined socio-economic performance, and addressed major bottlenecks requiring timely solutions.The Prime Minister called for the formulation of key tasks and solutions for March, the first quarter, and the longer term, including breakthrough measures to attain double-digit growth, accelerate public investment disbursement, mobilize social resources, and promote development across culture, society, environment, national defense, security, and foreign affairs.<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2026/3/4/img1286-17726037832641877047703-177260976220263574965.jpg" alt="Prime Minister requests for suitable development scenarios amid volatile world- Ảnh 2."></figure>The Cabinet meetingPositive socio-economic indicators in February&nbsp;The Government assessed that the country’s socio-economic situation in February and the first two months of the year maintained a strong upward trajectory, with results outperforming the same period last year across most sectors.&nbsp;&nbsp;Macroeconomic conditions remained stable, inflation was kept under control, and major economic balances were ensured. The average Consumer Price Index (CPI) in the first two months rose by 3 percent year-on-year. The monetary market and exchange rates were basically stable, while public debt, Government debt and national external debt remained well below statutory ceilings.&nbsp;All three economic sectors recorded positive growth. The Index of Industrial Production (IIP) rose by 10 percent in the first two months, compared to 7.5 percent in the same period last year. Agricultural production remained stable, meeting increased consumption demand during the Lunar New Year (Tet) holiday.Domestic consumption continued to improve, with total retail sales of goods and consumer service revenues increasing by 8 percent. Tourism rebounded strongly as Viet Nam welcomed 4.7 million international visitors, up 18 percent year-on-year.Notably, the S&amp;P Global Viet Nam Manufacturing Purchasing Managers’ Index reached 54.3 points in February, signaling expansion in manufacturing and business activities for eight consecutive months since July 2025.&nbsp;State budget revenue in the first two months reached VND 601.3 trillion (US$22.89 billion), equal to 23.8 percent of the annual estimate and up 13.1 percent year-on-year. The increase came despite tax, fee and charge reductions and extensions totaling approximately VND 30.2 trillion, reflecting improved economic activity and effective revenue management.Total import-export turnover hit US$155.7 billion, marking a 22.2 percent year-on-year increase. Exports rose by 18.3 percent, while imports climbed by 26.3 percent. The trade deficit stood at US$2.98 billion, largely due to increased imports of production materials, which reached US$74.7 billion and accounted for 94.1 percent of total imports—indicating strong demand for inputs to support manufacturing and export activities.Development investment continued to deliver positive outcomes. Public investment disbursement was estimated at 5.6 percent of the annual plan in the first two months, with the absolute amount rising by VND 10.9 trillion compared to the same period last year.Foreign direct investment (FDI) inflows also improved. Newly registered FDI totaled over US$3.5 billion, up 61.5 percent year-on-year, while disbursed FDI reached US$3.2 billion, an increase of 8.8 percent.&nbsp;Business activity showed renewed dynamism, with nearly 64,500 enterprises entering or re-entering the market in the first two months—up 29.4 percent year-on-year. The surge reflects improving business confidence and supportive policy measures.Tet gifts were provided to 6.2 million beneficiaries, with total funding exceeding VND 3.7 trillion. Nearly 15,300 tons of rice were distributed to support disadvantaged households. Prior to Tet, Viet Nam Social Security disbursed two months’ pensions in advance to approximately 3.55 million beneficiaries, totaling nearly VND 45 trillion.The “Quang Trung Campaign” was implemented successfully, repairing nearly 34,800 homes and constructing nearly 1,600 new houses, completing the work 15 days ahead of schedule. This ensured that all households affected by storms and floods had stable accommodation for the Lunar New Year.Traffic accidents decreased across all three criteria. Meanwhile, 95.5 percent of households reported stable or increased income in February 2026 compared to the previous month and the same period last year./.&nbsp;

Prime Minister Pham Minh Chinh requests his inferiors to envisage socio-economic development and energy scenarios aimed at achieving the targeted GDP growth rate of 10 percent despite mounting domestic and global headwinds.

Prime Minister requests for suitable development scenarios amid volatile world

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2026/3/3/dangxuanphong-17725316500692015881242.jpg" alt="Standing Vice Chairman of Government Office appointed- Ảnh 1."></figure>Prime Minister Pham Minh Chinh (R) hands over the appointment decision to Standing Vice Chairman of the Government Office Dang Xuan Phong, Ha Noi, March 3, 2026 - Photo: VGPDang, who was born in 1972 in Phu Tho Province, holds a PhD in economics. He is a member of the Party Central Committee for the 13th&nbsp;and 14th tenures and a deputy to the 15th National Assembly.He was former Secretary of Vinh Phuc Provincial Party Committee and Secretary of Phu Tho Provincial Party Committee.Prime Minister Pham Minh Chinh has appointed Hoang Minh Son, a member of the Party Central Committee and Director of Viet Nam National University, Ha Noi, as Acting Minister of Education and Training.Earlier on February 27, Minister of Education and Training Nguyen Kim Son was appointed as Deputy Head of the Central Policy and Strategy Commission.Prime Minister Pham Minh Chinh has appointed Nguyen Dinh Khang, member of the Party Central Committee, Vice President of the Viet Nam Fatherland Front Central Committee, and Chairman of the Viet Nam General Confederation of Labor, as Standing Deputy Minister of Ethnic and Religious Affairs.Meanwhile, Trinh Viet Hung, member of the Party Central Committee, Secretary of Lao Cai Provincial Party Committee was appointed as the Standing Deputy Minister of Agriculture and Environment./.

Prime Minister Pham Minh Chinh has appointed Secretary of Ninh Binh Provincial Party Committee Dang Xuan Phong as Standing Vice Chairman of the Government Office.

Standing Vice Chairman of Government Office appointed

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2026/2/26/nongthon-17720751615341789140591.jpg" alt="Viet Nam targets to train around 1.5 million rural adults annually through 2030- Ảnh 1."></figure>Deputy Prime Minister Le Thanh Long has signed a Decision approving the program on innovating and improving the quality of rural vocational training untill 2030.The program not only focuses on improving the quality and effectiveness of vocational training for rural adults, but also contributes to restructuring the labor force and the economy, creating jobs, increasing rural residents' incomes, and narrowing the gap in the proportion of trained workers between rural and urban areas.The program will be implemented nationwide, with priority given to especially disadvantaged coastal and island communes, communes, villages, and hamlets in ethnic minority and mountainous areas, and communes engaged in building new-style rural areas and modern new-style rural development.The program focuses on training a high-quality workforce to serve advanced and modern agricultural production, while supporting rural workers to work at industry and services, supporting the industrialization and modernization of agriculture and rural areas.Special attention will be given to women, persons with disabilities, and ethnic minorities, with a target of over 85 percent of trainees securing employment after completing their training.Meanwhile, training programs in industry, services, agriculture, and rural trades in line with regional socio-economic development needs will be promoted.In particular, the program will establish remote training stations in disadvantaged areas, enabling workers to more easily access suitable training courses.As of July 1, 2025, the country had 15.84 million rural households, of which 8.02 million were engaged in agriculture, forestry and fisheries, accounting for 50.61 percent. Non-agricultural households numbered over 6.95 million, or 43.92 percent, up 3.89 percentage points./.

The Government targets to provide vocational training for 1.5 million rural adults annually through 2030, of whom 70 percent will receive non-agricultural vocational training.

Viet Nam targets to train around 1.5 million rural adults annually through 2030

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2026/2/25/01-38-1771990245839935804356.jpg" alt="Hue City ranks among world’s top honeymoon destinations for 2026- Ảnh 1."></figure>The Hue Imperial Citadel in Hue City atracts thousands of visitors during Lunar New Year FestivalNestled along the poetic Perfume River, the former imperial capital offers a romantic blend of history, culture and tranquil landscapes that continue to enchant visitors from around the globe.According to Tripadvisor, Hue stands out for its wealth of historical treasures, many of which have been recognized as UNESCO World Heritage Sites. Among the city's highlights is the majestic Imperial Citadel, a sprawling complex that once served as the political and cultural heart of the Nguyen Dynasty. Within its walls lies Tu Cam Thanh (Forbidden Purple City), formerly reserved exclusively for the emperor, empress and royal concubines.Visitors are also encouraged to explore the ornate Thanh Toan Tile-Roofed Bridge and the elaborate royal tombs scattered across the city, each reflecting unique architectural styles and the legacy of the Nguyen rulers.The Travelers' Choice Best of the Best distinction represents the highest level of excellence awarded by Tripadvisor. The honor is based on a high volume of outstanding reviews and opinions from travelers worldwide over a 12-month period. Of more than eight million listings on the platform, fewer than one percent receive this prestigious recognition.The recognition further affirms Hue's growing appeal as a romantic getaway, where timeless heritage and serene scenery create an ideal setting for newlyweds seeking both cultural depth and intimate charm.Hue City joins a diverse list of globally renowned honeymoon spots in 2026, including Bali (Indonesia), Mauritius, Maldives, Saint Lucia, Galle (Sri Lanka), Napa Valley (the U.S.), Positano, Watamu, and Antigua and Barbuda./.

Hue City has been named one of the world’s top 25 honeymoon destinations for 2026, securing sixth place in the Travelers’ Choice Best of the Best Awards presented by Tripadvisor.

Hue City ranks among world’s top honeymoon destinations for 2026

Exports to the United States stagnate, EU declines sharplyAccording to statistics from Vietnam Customs, Vietnam’s canned tuna export turnover in 2025 reached over USD 275 million, down 8% compared to 2024. Vietnamese canned tuna products were present in around 80 markets; however, the 2025 landscape shows clear divergence: the United States maintained stability, the EU saw a sharp decline, while several Middle East - North Africa markets accelerated.In the 2025 market structure, the United States remained the largest pillar, with export value slightly higher than in 2024, reaching over USD 190 million. In contrast, exports to the EU fell sharply by 22% to around USD 57 million. Several European markets recorded notable decreases, including Germany (down 27%), Finland (down 3%) and Romania (down 36%), reflecting competitive pressures and uneven recovery in consumer demand. High living costs, a growing trend of price-sensitive consumption and supply competition from traditional canning countries may have slowed the EU’s recovery more than expected.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/02/24/z755947803324166859f9709cc8583bdf9195baabd12e7-14313635.jpg" alt="Canned tuna exports reached over USD 275 million in 2025, with the US remaining stable while the EU market declined sharply."></figure>Canned tuna exports reached over USD 275 million in 2025, with the US remaining stable while the EU market declined sharply.Notably, exports to several Middle East - North Africa markets surged, with Libya up 70%, Egypt up 127% and the UAE up 302%, alongside strong growth in some smaller markets. This signals Vietnamese enterprises’ efforts to expand distribution channels, diversify customers and reduce dependence on traditional markets amid intensifying competition.Globally, canned tuna remains a consumer staple with relatively stable demand thanks to its convenience and suitability for retail channels. However, 2025 witnessed significant fluctuations in skipjack tuna raw material prices - a factor directly affecting production costs and profit margins of canners.Given the highly competitive nature of canned products, volatility in raw material prices may force enterprises to continuously balance between maintaining market share and protecting margins, particularly for private label orders or long-term contracts.Opportunities to expand markets in 2026 amid rising policy risksThe Vietnam Association of Seafood Exporters and Producers (VASEP) assessed that in 2026, prospects for Vietnam’s canned tuna exports still offer room for recovery, but will depend heavily on policy variables and compliance costs.The global canned tuna market is forecast to grow in the medium term, creating room for Vietnamese exporters to expand.“At present, the domestic raw material bottleneck has been eased, reducing pressure on processors, especially for products with stable input demand such as canned tuna. However, Vietnamese tuna still faces various policy risks in key markets,” a VASEP representative noted.According to VASEP, exports to the United States in 2026 are expected to encounter more challenges and may stagnate. From January 1, 2026, the Fisheries Service under the National Oceanic and Atmospheric Administration (NOAA) will require shipments to obtain a Certificate of Admissibility (COA) to qualify for export to the US market. The certification aims to verify species composition, harvesting methods and fishing locations of products not subject to import restrictions under the Marine Mammal Protection Act (MMPA).This requirement could increase the risk of customs delays or order disruptions if documentation and verification processes are not fully aligned. In addition, US reciprocal tariffs may further reduce the competitiveness of Vietnamese tuna products compared to rivals such as Thailand, Ecuador and Indonesia.VASEP believes that the global canned tuna market is projected to grow in the medium term, creating space for Vietnamese enterprises to broaden export markets. In particular, exports to the Middle East - North Africa region are expected to maintain strong momentum, with continued robust growth in the UAE and neighbouring markets indicating significant untapped potential.Kim Bui

Vietnam’s canned tuna exports fell 8% in 2025 as the EU dropped sharply, while the US held steady and Middle East - North Africa markets posted strong growth.

Canned tuna exports: US steady, EU market declines

<figure class="image image_resized" style="width:777px;"><img src="https://bcp.cdnchinhphu.vn/thumb_w/640/344443456812359680/2026/2/11/screenshot-2025-12-01-151647-1764577021-17707974694341810152084.jpg" alt="Viet Nam to tighten emission standards for cars from next month- Ảnh 1."></figure>The Viet Nam Register noted that vehicles reaching their inspection deadlines must meet the corresponding minimum emission standards.&nbsp;To comply with the requirements, vehicle owners should carry out regular maintenance, change the engine oil and air filters, clean the fuel injectors and combustion chamber, inspect the exhaust treatment system, and use fuel that meets quality standards.Last November, the Prime Minister signed Decision No. 43/2025/QD-TTg specifying a roadmap for implementing national technical regulations on emissions for automobiles operating on Viet Nam's roads.<h3 style="text-align:justify;">Five emission levels under Prime Minister's Decision No. 43/2025/QD-TTg</h3><figure class="table"><table><tbody><tr><td>Manufacturing Period</td><td>Area of Operation</td><td>Emission Level</td><td>Equivalent Euro Standard</td><td>Effective Date</td></tr><tr><td>Before 1999</td><td>Nationwide</td><td>Level 1</td><td>Euro 1</td><td>March 1, 2026</td></tr><tr><td>1999 – end of 2016</td><td>Nationwide</td><td>Level 2</td><td>Euro 2</td><td>March 1, 2026</td></tr><tr><td>2017 – end of 2021</td><td>Nationwide</td><td>Level 3</td><td>Euro 3</td><td>March 1, 2026</td></tr><tr><td>2017 – end of 2021</td><td>Ha Noi &amp; HCM City</td><td>Level 4</td><td>Euro 4</td><td>January 1, 2027</td></tr><tr><td>From 2022</td><td>Nationwide</td><td>Level 4</td><td>Euro 4</td><td>March 1, 2026</td></tr><tr><td>From 2022</td><td>Nationwide</td><td>Level 5</td><td>Euro 5</td><td>January 1, 2032</td></tr><tr><td>From 2022</td><td>Ha Noi &amp; HCM City</td><td>Level 5</td><td>Euro 5</td><td>January 1, 2028</td></tr><tr><td>All cars (regardless of year)</td><td>Ha Noi &amp; HCM City</td><td>Minimum Level 2 or higher</td><td>≥ Euro 2</td><td>From January 1, 2029</td></tr></tbody></table></figure>Traffic emissions are among the sources of air pollution affecting public health, with over 74.3 million motorcycles and 6.3 million cars nationwide by the end of 2023.According to the latest proposal, motorcycles in Ha Noi and HCM City must undergo emission inspections from July 2027. Emission inspections for motorcycles in other municipal cities like Hai Phong, Da Nang, Can Tho and Hue will begin from July 2028./.

From March 1, vehicle inspection centers in Viet Nam will impose stricter technical regulations on emissions for vehicles especially cars operating on Viet Nam’s roads.

Viet Nam to tighten emission standards for cars from next month

Producing a wider range of high value-added steel productsDeputy Prime Minister Bui Thanh Son has signed Decision No. 261/QD-TTg, dated February 9, 2026, approving the Strategy for the Development of the Steel Industry to 2030, with a vision to 2050.The Strategy aims to develop the steel industry with a focus on high-quality products that meet national and international standards, diversify product lines, and gradually shift toward higher value-added, environmentally friendly steel, while maximizing the use of fuel resources.The sector is expected to meet domestic demand, rapidly expand exports, enhance competitiveness, and participate more deeply in global value chains. A key objective is to restructure the product mix to progressively substitute imported steel particularly alloy steel, tool steel, and special steel products for domestic manufacturing industries.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/02/10/5-11312780.png" alt="By 2030, products of the steel industry are expected to meet around 80 - 85% of domestic demand."></figure>By 2030, products of the steel industry are expected to meet around 80 - 85% of domestic demand.By 2030, crude steel production is projected to grow at an average rate of 7 - 8% per year, reaching 25 - 26 million tonnes annually. Finished steel output is expected to increase by 5.5 - 6.5% per year, reaching 32–33 million tonnes. Per capita steel consumption is projected at 270 - 280 kg per year. Domestically produced steel will basically meet 80 - 85% of domestic demand, while the share of exports will gradually increase.&nbsp;The proportion of high value-added steel products, such as alloy steel, stainless steel, and high-quality steel serving manufacturing, transport, and energy sectors will continue to rise.By 2035, crude steel production is targeted to grow at an average rate of 6 - 7% per year, reaching 33 - 36 million tonnes. Finished steel output is projected to grow by 4.5 - 5.5% per year, reaching 40 - 43 million tonnes. Per capita steel consumption is expected to reach 340 - 360 kg per year. Steel products will meet 85 - 90% of domestic demand, with exports continuing to expand. The share of high value-added steel, such as alloy steel, stainless steel, and high-quality steel for manufacturing, industrial production, transport vehicles (automobiles, shipbuilding, railways), energy, and defense and security manufacturing will continue to increase.Looking ahead to 2050, the Strategy sets a target for crude steel production to grow at an average rate of 4.0 - 4.5% per year, reaching 65 - 70 million tonnes. Finished steel output is expected to grow by 3.5 - 4.0% per year, reaching 75 - 80 million tonnes. Per capita steel consumption is projected at 570 - 650 kg per year. The steel industry will largely meet domestic demand while steadily increasing exports and participating more deeply in global steel supply chains.Strong investment in technologyIn terms of development orientation, the Strategy focuses on steel products in which Vietnam has advantages and strong demand but which are not yet produced domestically. Priority will be given to projects using advanced and modern technologies, producing green steel, alloy steel, and steel for manufacturing industries, with a view to developing highly competitive products capable of integrating into global value chains. Enhancing the application of science and technology in production is emphasized to improve productivity and product quality in line with international standards.The spatial distribution of steel production will be planned rationally based on geographical advantages, with large-scale projects concentrated in localities that have deep-water ports, favorable infrastructure conditions, renewable energy resources, and suitable production inputs. Linkages across the value chain, from research and raw material supply to production and consumption will continue to be strengthened.The Strategy also sets out specific orientations for priority products, raw material sources, energy supply, enterprise development in the steel sector, domestic and export markets, technology, and spatial planning of production.To achieve these objectives, the Strategy proposes a range of tasks and solutions covering policy mechanisms, market development, science and technology, human resources, environmental protection, and targeted measures for specific steel product groups. These include developing domestic technologies to produce high-strength steel plates, prestressed steel, steel for prestressed reinforced concrete, corrosion-resistant stainless steel for maritime and island infrastructure, and ultra-light steel for transport equipment; as well as cold-rolled light steel and steel for shipbuilding.Research will also focus on producing steel materials for energy infrastructure, rail steel for high-speed railway development, seamless steel pipes for liquefied gas transportation, seamless pipes for shipbuilding, wind power towers, and steel products for defense and security manufacturing.<blockquote>In recent years, Vietnam’s steel industry has achieved significant progress, ranking among the top 15 steel-exporting countries worldwide. According to the Vietnam Steel Association (VSA), construction demand is forecast to grow strongly, supported by an improving real estate market and accelerated public investment. In 2026, the steel industry is projected to grow by 8 - 10%, with domestic steel consumption estimated at around 26 million tonnes.</blockquote>Phuong Trang

Vietnam approved a steel strategy to boost high-value output, meet energy and rail infrastructure needs, and deepen global supply chain integration.

Developing steel industry to meet energy and railway infrastructure needs

On the afternoon of February 6 in Hanoi, Deputy Prime Minister Bui Thanh Son, Head of the Steering Committee for National Trade Fairs, visited and experienced the exhibition space of the Spring Fair. On the sidelines of the event, the Deputy Prime Minister granted an interview to reporters of the Newspaper of Industry and Trade, sharing his views on the First Glorious Spring Fair, a national-level trade promotion event opening the year 2026.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/02/08/screenshot-2026-02-08-154400-15441260.png" alt="Deputy Prime Minister Bui Thanh Son during an exchange with reporters from the Newspaper of Industry and Trade."></figure>Deputy Prime Minister Bui Thanh Son during an exchange with reporters from the Newspaper of Industry and Trade.&nbsp;&nbsp;The First Glorious Spring Fair 2026: Market momentum and early-year confidenceThe First Glorious Spring Fair 2026 is held at the very beginning of the new year. How do you assess its role in generating market momentum, strengthening confidence and stimulating domestic consumption in the early months of the year?Deputy Prime Minister Bui Thanh Son: It can be affirmed that the First Glorious Spring Fair 2026 is the largest in scale ever held, with its organisation carried out in a highly professional and meticulous manner. The selection of products participating in the fair has ensured high quality, attractive designs, packaging and diversity. During my visit to the booths, I saw a wide range of goods that well meet the needs of consumers.In addition, services supporting the organisation of the fair have been well prepared, facilitating public access for sightseeing and shopping, from transport arrangements to small but practical amenities such as shopping trolleys provided for customers. I consider this a very positive point.Notably, the fair has harmoniously combined economic development and product promotion with traditional cultural spaces of localities and of Vietnam, vividly reflecting national cultural identity throughout the exhibition area.Today, I personally witnessed cultural performances by ethnic communities from Son La, along with several cultural activities held in the central area, and could clearly feel the enthusiasm and joy of the people. The fair is not only a venue for shopping and product consumption support, but also a space where people can immerse themselves in the spring atmosphere of the country in a new, dynamic and emotionally rich way.With that spirit, I would like to convey two messages to the public. First, this is the First Glorious Spring Fair 2026 to be organised, taking place in the context where the entire country and nation are welcoming a new spring and a new era of development. By coming to the fair, people not only have opportunities to shop for, enjoy and experience high-quality products made by Vietnamese producers at reasonable prices, but also to immerse themselves in a cultural space imbued with strong national identity.Second, with the largest scale ever, the fair is not limited to experiences inside the booths, but also extends to the surrounding areas. Visitors can stroll among ornamental plants and enjoy regional cuisine, creating a joyful and vibrant atmosphere and jointly contributing to the overall success of the fair.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/02/08/ptt4-23193668-15454252.jpg" alt="Deputy Prime Minister experiences the exhibition space of the First Glorious Spring Fair 2026. Photo: Nam Nguyen."></figure>Deputy Prime Minister experiences the exhibition space of the First Glorious Spring Fair 2026. Photo: Nam Nguyen.&nbsp;&nbsp;&nbsp;Applying digital technology, expanding trade promotion spaceFrom the practical organisation of the First Glorious Spring Fair 2026, what direction do you expect the Government and ministries to take in shaping national-level trade fairs and trade promotion models in the coming time, so as to keep pace with digital transformation while preserving cultural identity, market depth and sustainable vitality of the domestic economy?Deputy Prime Minister Bui Thanh Son: This is the First Glorious Spring Fair 2026 where we place great expectations that products made by Vietnamese producers will primarily serve domestic consumers, while also being introduced to international friends. At the same time, the fair demonstrates the connection between cultural and economic products.More importantly, the application of digital technology in product promotion and trade facilitation is a key factor, showing that national-level trade fairs and trade promotion models are keeping pace with new trends while still maintaining distinctive cultural values.<figure class="image"><img src="https://img-ven.congthuong.vn/resize/th/upload/2026/02/08/ptt3-23190920-15464103.jpg" alt="Deputy Prime Minister conducts shopping activities and completes online payment at an exhibition booth. Photo: Nam Nguyen."></figure>Deputy Prime Minister conducts shopping activities and completes online payment at an exhibition booth. Photo: Nam Nguyen.Today, I am very pleased to see that all products displayed at the booths are equipped with QR codes, have clear origins, and are promoted through various forms on e-commerce platforms. Thanks to this, products can reach consumers quickly, not only during the fair but also afterwards.Communications play a vital role in the success of the eventCommunications have been strongly promoted in many national-level trade promotion events, such as the Vietnam Golden Autumn Fair 2025 and now the First Glorious Spring Fair 2026. How do you evaluate the effectiveness of communications in contributing to the success of these events?Deputy Prime Minister Bui Thanh Son: I highly appreciate the active coordination of the Newspaper of Industry and Trade and other media agencies in disseminating information and products of the First Glorious Spring Fair 2026 to consumers, helping the public access the fair more effectively.In the coming days, as the fair continues for about another week and approaches the Lunar New Year, I hope that media agencies, including the Newspaper of Industry and Trade, will continue to closely follow market demand and public needs, joining hands in trade promotion and communication efforts, especially to promote Vietnamese goods so that Vietnamese consumers prioritise using Vietnamese products.On the occasion of the 2026 Lunar New Year, would you like to extend any New Year wishes to the Editorial Board, officials and employees of the Newspaper of Industry and Trade?Deputy Prime Minister Bui Thanh Son: To the collective of the Newspaper of Industry and Trade, I wish you a prosperous and successful Lunar New Year. I hope the newspaper will continue to further uphold its role as an information and communications agency of the Ministry of Industry and Trade, as well as of the country as a whole, contributing more effectively to promoting Vietnamese products and bringing goods made by Vietnamese producers to domestic consumers and international friends.Thank you very much!<blockquote>During his visit to the First Glorious Spring Fair 2026, Deputy Prime Minister Bui Thanh Son spent time touring exhibition booths, encouraging participating enterprises and localities, and directly purchasing several products.</blockquote>Le Van

Deputy Prime Minister Bui Thanh Son highlights First Glorious Spring Fair builds early-year market momentum, strengthens confidence and boosts domestic consumption.

The First Glorious Spring Fair 2026 serves as a driver of market momentum from the beginning of 2026

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<figure class="image image_resized" style="width:50%;"><img src="https://api.orangemedia.com.vn/images/thuong-mai-dien-tu-2_20240830030503.jpg"></figure>With the goal to be a dedicated consultant for your brand, Orange will answer to all of your questions and issues in the process of online advertising for your product. Each online advertising channel has some fixed effect with your product. There are many online advertising channels such as Google search engine advertising, social media ads (Facebook, Linkedin, Zalo, etc), online newspapers such as VnExpress, Dantri, Thoiluan24h, etc. Depending on the product and your target audience, we will give you the most suitable advertising channel.

With the goal to be a dedicated consultant for your brand, Orange will answer to all of your questions and issues in the process of online

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MARKETING HAS CHANGED AS DIGITAL EXTENDS INTO ALL AREAS OF OUR LIVES. WHILE THIS GIVES ADVERTISERS GREATER OPPORTUNITIES, IT ALSO MEANS CUSTOMERS EXPECT MORE. AUDIENCES TODAY WANT SERVICES AND CONTENT THAT MEET THEIR NEEDS, WHEREVER THEY ARE, WHATEVER THEY'RE DOING&nbsp;<figure class="table"><table><tbody><tr><td>At Orange, we're not just specialists in different types of digital marketing - we also know how to bring it together. By putting the customer at the center, we create simple, effective strategies that connect with people across every channel - and grow business in ways they can measure.</td><td>We’re steadfast in our belief that clarity leads to better results and we use that thinking to power campaigns that help clients improve their marketing impact. We help clients across a diverse range of industries strengthen their brands, ramp up their marketing and grow their share of voice.</td></tr></tbody></table></figure>

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SEO - Search Engine Optimization (SEO) is now known as the most effective tool in Online Marketing System. SEO services have emerged since Google

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<figure class="image"><img src="https://api.orangemedia.com.vn/images/rqpolxa6ivcvuzkbol5c1a1b4aea4f4_20240830030622.jpg"></figure>Digital Marketing is an activity that has many advantages in the period of internet explosion. However, it does not always deliver remarkable benefits, it’s a double-edged sword. Internet is multi-dimensional and that bring to users the right to speak their voice.Therefore, in order to have a successful Digital Marketing campaign, it is necessary to build a proper campaign from the beginning with the motto of prestige, focus on quality. Orange is pleased to bring you the Digital Marketing solution package as required by your brand to get maximum effect.

Digital Marketing is an activity that has many advantages in the period of internet explosion. However, it does not always deliver remarkable

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<figure class="image image_resized" style="width:50%;"><img src="https://api.orangemedia.com.vn/images/social-media-marketing-1728x800_c_20240830030849.png"></figure>Always follow and understand the needs and behavior habits of people in modern life, making specialized social media marketing campaign such as Facebook Management, Forum Seeding, KOLs, Youtube Channel, Viral Clip,… is the responsibility of Orange Ltd. We devote our knowledge and time to your brand. This is what makes us the most trusted place in the hearts of consumers.

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<figure class="image"><img src="https://api.orangemedia.com.vn/images/service-spotlight-website-management_20240830030746.jpg"></figure>When creating a website or a fan page for business purposes, it will be very difficult to make benefits if introducing products without development orientation and innovative content ideas. Developing a website or fan page may seem simple but make it appear on search engines or gets interactions from internet users is not a simple task. Orange is the right place you need to go if you need help with your website and fan page.

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<figure class="image"><img src="https://api.orangemedia.com.vn/images/adwords-tips_20240830031032.png"></figure>Google has now become the number one search engine in the world. In Vietnam, 90% of internet users use Google for their need of internet search. Therefore, Google Adwords has quickly used for online businesses to achieve maximum efficiency. We are here to bring you the Google Advertising service with the most outstanding features.

Google has now become the number one search engine in the world. In Vietnam, 90% of internet users use Google for their need of internet search

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