Vietnam’s garment and textile industry needs to develop a closed-loop supply chain with a focus on obtaining self-sufficiency in raw materials in order to meet the rules of origin under the UK – Vietnam Free Trade Agreement (UKVFTA) for expanding exports to this market.
Digital transformation aimed at reducing emissions and fostering sustainable development has become an intrinsic need for businesses. This shift stems from recognizing the tangible benefits demonstrated by pioneering enterprises that have successfully implemented and achieved these initiatives.
As one of the world's leading textile, garment and footwear exporting countries, Vietnam is facing many opportunities as well as challenges in response to strict customer regulations in "greening" production, including a number of commitments such as implementing social and environmental responsibilities and reducing emissions...
Many of Vietnam's key commodities hold significant potential for growth in the Asian and African markets.
In order to compete with goods on cross-border e-commerce platforms entering Vietnam, experts and businesses recommend that in addition to improving product quality and lowering costs, it is necessary to remove bottlenecks in transportation and delivery.
Currently, the rate of domestic enterprises applying recycling standards in production is not high, mainly in large enterprises and FDI enterprises, while this is becoming one of the standards for exporting to key markets.
Mr. Donald Trump was re-elected as the President of the United States. The special trade policies of the United States under Mr. Trump can create both opportunities and challenges for Vietnam's seafood exports in the time to come.
Vietnamese agricultural products will be distributed directly to Chinese consumers through major e-platforms and social media, offering opportunities for enterprises to expand their market presence and enhance export potential.
Many businesses are implementing large-scale investments in technology, energy transitions, and production processes to meet the increasingly stringent "green" criteria set by the EU market.
To better exploit the tariff incentives from the UKVFTA, it is necessary for Vietnamese fishery producers and exporters to focus on improving quality and supply capacity to expand market share in the UK
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