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Việt Nam will ramp up efforts to meet the European Union’s (EU) stringent food safety regulations, ensuring that its agricultural products continue to thrive in one of global large markets.

An economist said the approach helps ensure that businesses have access to affordable capital, which in turn supports job creation and economic recovery.

These criteria assess the impact of foreign investment on economic development, considering factors such as capital, growth, operational performance, technology, tax contributions, spillover effects and links to domestic enterprises.

Party General Secretary Tô Lâm stated that efforts should be made to eliminate at least 30 per cent of business conditions, aiming to position Việt Nam among the top three investment environments in ASEAN.

The pharmaceutical industry is key and needs to focus resources on promoting development to keep pace with modern medical advances.

The establishment of a free trade zone in Đồng Nai is expected to boost trade, investment and create jobs, while contributing to developing an ASEAN logistics hub.

The government has ordered inspections of commercial banks that have raised deposit interest rates and mandated strict penalties for non-compliance, all aimed at achieving an 8 percent growth target.

The reduction is due to two mergers and termination of three departments.

Party General Secretary Tô Lâm commended FedEx’s achievements in Việt Nam over the past three decades and affirmed his support for the company’s continued expansion in key sectors.

A report by market research firm Statista highlights that Việt Nam’s e-commerce market is currently dominated by major platforms such as Shopee, TikTok Shop, Lazada, and Tiki.