Prime Minister Pham Minh Chinh is leading a high-ranking delegation of Vietnam to attend the G20 Summit in Rio de Janeiro, Brazil, from November 16 to 19 at the invitation of Brazilian President Luiz Inácio Lula da Silva.

During his trip to attend the 2024 G20 Summit in Brazil from November 16 to 19, Prime Minister Pham Minh Chinh will also take part in bilateral activities in Rio de Janeiro. The visit coincides with the 35th anniversary of diplomatic relations (May 8, 1989 – May 8, 2024) and the 17th anniversary of the comprehensive partnership (May 2007 – May 2024) between Vietnam and Brazil, marked by a series of meaningful and diverse events.

On November 12, 2024, the National Assembly passed the resolution on the 2025 socio-economic development plan, prioritising growth based on macroeconomic stability, inflation control, and maintaining major economic balances. The resolution sets a GDP growth target of 6.5-7%, aiming to reach 7-7.5%.

Seven commodities of Vietnam posted an export value of over 10 billion USD in the first 10 months of this year, accounting for over 66.5% of the country's total export turnover.

Vietnamese State President Luong Cuong leads a high-level delegation to Peru for an official visit and to attend the 2024 APEC Economic Leaders' Week in Lima from November 12-16 at the invitation of Peruvian President Dina Ercilia Boluarte Zegarra. Since joining APEC in 1998, Vietnam has made significant contributions to APEC’s goals, actively proposing initiatives and fulfilling key roles.

State President Luong Cuong’s official visit to Peru and attendance at the 2024 APEC Economic Leaders’ Week in Lima from November 12 – 16 demonstrate the robust relations between Vietnam and Peru in various fields from politics – diplomacy to economy – trade, as well as offer an opportunity to deepen the friendship and cooperation between the two nations.

Vietnam served nearly 14.1 million international holiday-makers in the first 10 months of 2024, up 41.3% year-on-year.

The S&P Global Vietnam Manufacturing PMI rose to 51.2 in October from 47.3 in September, marking a return above the 50-point threshold after disruptions caused by Typhoon Yagi.

President Luong Cuong’s official visit to the Republic of Chile from November 9 to 12 comes as relations between the two countries continue to grow positively. The visit aims to enhance the Vietnam-Chile Comprehensive Partnership, making it more substantive, impactful, and effective.

In recent years, the Vietnamese national brand has made significant strides. Vietnam has not only entered the Top 100 countries with strong national brands, but also led the world in brand value growth in 2019-2022 period.

Vietnam reported about 27.26 billion USD in foreign direct investment (FDI) in the first 10 months of the year, an on-year increase of 1.9%. The capital disbursed for foreign investment projects is estimated at approximately 19.58 billion USD, up 8.8% compared to the same period in 2023.

Vietnam officially joined the Ayeyawady - Chao Phraya - Mekong Economic Cooperation Strategy (ACMECS) at the first ACMECS Ministerial Meeting in Thailand in November 2004. As an active and responsible member, Vietnam has made and continues to make significant contributions to ACMECS.

At the invitation of Chinese Premier Li Qiang, Prime Minister Pham Minh Chinh is leading a high-level delegation to the 8th Greater Mekong Subregion (GMS) Summit from November 5-8, 2024. On this occasion, he will also attend the 10th Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) Summit and the 11th Cambodia-Laos-Myanmar-Vietnam (CLMV) Cooperation Summit and hold working sessions in China.