The more rapidly export increase, the more risks it is forecasted to be faced. In deep concern, diversifying export markets, and regularly updating early warning information ... are important solutions enabling businesses to effectively respond to trade remedies.
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Pepper exports since the beginning of the year have recorded a sharp increase compared to the same period last year. However, it is forecast that pepper exports in the near future will face difficulties as China continues the "Zero Covid" policy, and sea freight costs continue to stay at a high level.
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Since the EU-Vietnam Free Trade Agreement (EVFTA) took effect, cashew nut exports to the European market have seen impressive growth. However, in order to maintain and strengthen the position of Vietnamese cashew nuts in this market, exporting enterprises need to invest properly in market research and product diversification, as well as brand building.
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Blue sea economy is expected to serve as an important motivation and premise for socio-economic development, environmental protection, defense and security assurance, and promoting foreign relations and international cooperation.
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According to experts, digital transformation in the economy in general and the service industry, in particular, is considered a direct driving force for economic growth and sustainable development sustainable in the medium and long term.
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Businesses should not only focus on improving the quality of products and services, but also move to attach social responsibility in each activity, thereby enhancing their reputation with international partners.
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The export of goods was relatively favorable in the first months of the year with many orders in such large industries as textiles, footwear, etc. However, the risk of supply chain disruptions and interruptions in importing raw materials from China is posing many challenges.
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Mr. Than Duc Viet, General Director of Garment 10 Corporation, discussed with Customs News.
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On May 27, at the Forum: "Improving the logistics service chain for agricultural products in the Mekong Delta", delegates said that the Mekong Delta has the highest logistics costs, accounting for 30% of the product cost, and so it is necessary to remove this bottleneck to help businesses develop.
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Vietnam’s efforts to rein in inflation at about 4 per cent this year are set to hit a snag due to China’s anti-pandemic policy affecting the Southeast Asian nation’s trade.
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