Although the free trade agreement between the European Union and Vietnam will offer great opportunities for wood investors and exporters, its rules of origin may not provide a big boon to local textile and garment businesses.
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The textile and footwear industry must pay more attention to the origin and quality of exported products.
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The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) between Vietnam and the first six countries which took effect since December 30, 2018, is considered as a big opportunity to boost export volume and create conditions for enterprises to develop production and trade but the result after a year of implementation remains extremely modest.
Read more...Indian Ambassador Pranay Verma speaks to Việt Nam News about business opportunities between Việt Nam and India in the context of the Covid-19 epidemic.
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Minister of Agriculture and Rural Development Nguyễn Xuân Cường has urged 28 coastal provinces to promote further actions against illegal, unreported and unregulated (IUU) fishing.
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Việt Nam is working to develop a system of modern agricultural product supply centres to promote the consumption of farm produce, enhance food safety and hygiene, and improve the competitive edge of Vietnamese goods.
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The import and export of Vietnamese agricultural products to China have faced numerous difficulties with the sharp declines in both volume and value of goods amid the complicated developments of the Covid-19 epidemic. The customs clearance of goods through border gates has initially been restored, but remains slow and incomprehensive.
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Local wood processing enterprises need to expand supply chains with a focus on seeking suppliers from domestic and overseas markets to ease disruptions from China due to the novel coronavirus (COVID-19) outbreak, experts have said.
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As Vietnam is preparing new socio-economic development plans covering 2021 through 2030, a senior expert from the Asian Development Bank (ADB) has offered some key strategies in a bid to help the country achieve its development targets in the coming years.
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Africa and the Middle East offer opportunities for Việt Nam to boost exports of farm produce with their large demand, especially for fruits and vegetables, according to the Ministry of Industry and Trade.
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