AGP Executive Report
Last update: 4 hours agoDiplomacy: Prime Minister Le Minh Hung met Lao leaders in Vientiane on his first official overseas visit, with both sides pledging closer cooperation. A visit to Cambodia is also planned, while Vietnam’s National Assembly president is preparing to travel to China. Energy and Supply Chains: Japan’s Mitsubishi Materials is sourcing recycled tungsten from Vietnam to reduce reliance on China. Offshore oil and gas projects are also drawing Japanese, U.S. and Russian companies as Vietnam seeks to meet rising energy demand. Growth and Investment: The World Bank raised its 2026 growth forecast for Vietnam to 7.4%, citing strong AI-related exports. Registered foreign investment topped $50 billion in the first nine months, while Samsung and other firms expand semiconductor operations. Vietnam says negotiations on a reciprocal trade deal with the United States are largely complete. Floods: Heavy rain is threatening central provinces, and Da Nang has deployed armored vehicles as flooding hits the region. Rain and thunderstorms are also moving north toward Hanoi.
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