Some sectors to benefit, others to suffer from China’s reopening: Report
China has officially announced the easing of COVID-19 prevention measures which have been imposed for three year, and experts have said this is expected to kickstart the country's economic recovery, opening opportunities for some Vietnamese sectors in the medium term.
Workers make garment products at the Far Eastern New Apparel Vietnam Co in the southern province of Binh Phuoc. (Photo: VNA)
Hanoi (VNS/VNA)ﷺ — China has officially announced theeasing of COVID-19 prevention measures which have been imposed for three year,and experts have said this is expected to kickstart the country's economicrecovery, opening opportunities for some Vietnamese sectors in the medium term.
In a recent report, Agribank Securities Company (Agriseco) saidVietnamese businesses will benefit when China opens its doors and resumesflights between the two countries. According to Agriseco Research, business groups that can benefitinclude mechanical engineering, textiles, footwear, electronics, pangasiusprocessing, and automobiles. On the other hand, the prices of some inputmaterials may increase again when demand recovers, such as iron and steel,cement, and base metals. In addition to the groups that benefit, Agriseco's report alsoshows disadvantaged groups. For example, experts recommend that investorsfollow China's output recovery in the fertiliser and chemical industry. Agriseco analysts point out that when China opens up its economy,it can restore production and remove export restrictions, causing fertiliserprices to continue to fall in 2023. China is the world's leading fertiliserexporter. However, the country's production cuts created opportunities forVietnamese businesses to increase their exports strongly in the past two years.Businesses like PetroVietnam Fertiliser & Chemicals Corporation (DPM) andPetroVietnam Ca Mau Fertiliser JSC (DCM) have record growth in business resultsin 2022. These advantages may be lost if China restores production. With the above assessment, Agriseco forecasts that the businessresults of fertiliser enterprises may go backwards in 2023 as fertiliser pricescontinue to cool down, and there may be a decline in export activities. Agriseco Research believes that the business results of chemicalenterprises will likely go backwards in 2023 due to the cooling of chemicalprices and the restoration of production in China, making export activitiesmore competitive./.
An overload of tourists and an overwhelmed Thai healthcare system are issues to monitor next year after China fully reopens from January 8, 2023, according to the Tourism Authority of Thailand (TAT).
China’s moves to resume international tourism from January 8 next year are believed to be a positive sign for aviation activities between Vietnam and China.
China’s reopening is expected to boost Vietnam’s GDP growth by over 2 percentage points next year, driven by the full resumption of Chinese tourist arrivals in the second half of 2023, Michael Kokalari, chief economist at investment fund VinaCapital, said in a recent report.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
Workers make garment products at the Far Eastern New Apparel Vietnam Co in the southern province of Binh Phuoc. (Photo: VNA) 
