The newly elevated relationship between Vietnam and the US to the comprehensive strategic partnership not only deepens the two countries' diplomatic relations but translates as an opportunity for Washington to upgrade Vietnam's recognition as a market economy, said James Borton - a non-resident senior fellow at the Foreign Policy Institute (FPI) of the Johns Hopkins University's Paul H. Nitze School of Advanced International Studies (SAIS).
Foreign investors continue to eye expansion in Vietnam to tap into local potential and strategies.
Prime Minister Phạm Minh Chính attended the Vietnam - Australia Business Forum in Melbourne on March 5 morning (local time) as part of his ongoing trip to Australia to attend the ASEAN - Australia Special Summit and pay an official visit to Australia.
Nghe An province will focus on perfecting night-time economic development models in Vinh city and Cua Lo town.
The US is considering the recognition of Vietnam as a market economy, which means that Vietnamese goods entering the US would avoid many risks caused by trade barriers.
The Ministry of Industry and Trade (MoIT) will take measures to promote economic, trade and investment cooperation between Vietnam and five Central Asian countries (C5) of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan.