Despite the difficulties in international trade activities brought on by COVID-19, exports of Vietnamese agricultural products to Australia have enjoyed positive growth thanks to their high quality, diverse brands, and trade promotion activities.
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Following the changing regulations of the market, meeting technical standards, and especially paying attention to the issue of social responsibility of exporters are some typical recommendations to help enterprises take advantage of opportunities to accelerate exports to the EU in the future.
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Vietnam's textile and garment exports rose to the second highest position in the world during 2020, according to a recent report by the World Trade Organisation (WTO). Enterprises in the industry have flexibly implemented many solutions to promote the production and exportation as well as improve competitiveness and position in the international arena.
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Still heavily affected by the pandemic, at this time, many input factors increase in price, making it even more difficult for businesses.
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The European Union (EU) is Vietnam's leading agricultural export market. The import demand of this market has also begun to increase rapidly because of the control of the COVID-19 pandemic, creating excellent opportunities for Vietnamese enterprises to boost the export of key agricultural products.
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After more than a year implementing the EU-Vietnam Free Trade Agreement (EVFTA), the competitiveness and market share of Vietnamese goods in the European Union (EU) market have both improved remarkably. Vietnam has also risen to become the EU's largest goods trading partner in the ASEAN region.
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In 2022, to achieve the target of GDP growth of 6 - 6.5%, what measures must Vietnam take? Customs News spoke with Assoc. Dr. Pham Tat Thang, Institute for Strategy and Policy Research, Ministry of Industry and Trade.
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Although the Covid-19 pandemic continues to disrupt international trade activities, Ho Chi Minh City's import and export activities still achieved positive growth.
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Exports of enterprises are increasing a month since Ho Chi Minh City and the southern provinces opened their economies after a period of strict social distancing to prevent and control the pandemic.
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In the first ten months of 2021, the US surpassed China to become the largest market for Vietnam to export agricultural, forestry and fishery products. In the opposite direction, the US also surpassed Cambodia to become the largest agricultural, forestry and fishery export market to Vietnam.
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