The fair also attracts international booths from countries such as Peru, Laos, and Cambodia, as well as business-matching booths from various trade units.
Vietnam has charted a path towards double-digit, sustainable growth by 2030 through innovation, reform, digitalization, and strategic productivity improvements.
At a conference on August 2, Prime Minister Pham Minh Chinh highlighted that the IFC will play a role in elevating Vietnam’s position in the global value chain of finance, investment and high-end services.
The government recently issued a decree providing financial support up to 50% of initial investment costs for enterprises undertaking research and development projects in the semiconductor and artificial intelligence industries.
From 2021 to 2024, Vietnam's trade deficit has narrowed significantly due to higher export growth compared to import growth, particularly in 2023 and 2024.