After four months of constant decline, fruit and vegetable exports in September 2021 were "fresh" again. Notably, the deceleration of fruit and vegetable exports to the Chinese market has had a significant impact on fruit and vegetable exports in general.
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The purchasing demand of the international market continues to grow along with meeting the necessary factors to reopen production, creating a solid basis for the rapid recovery of the Vietnamese furniture processing and exporting industry after being heavily affected by the pandemic.
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Ho Chi Minh City and many southern provinces are gradually opening up the economy, enterprises have been returning to the "race track" to restore production, but have not been able to speed up.
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Though the pandemic has seriously impacted the world and Viet Nam, it has accelerated the supply chain shift by diversifying, regionalising the production chain and scaling up global value chains.
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Many useful experiences in agricultural exports to the EU market were shared by experts at the webinar "Exporting Agricultural Products to EU during Covid: Challenges and best practices”, held on the afternoon of October 13.
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The Ministry of Industry and Trade assessed that the restructuring of the import market in 2011-2020 has not reached the goal. Vietnam has a trade deficit with many Asian markets, typically from China; while imports from "source technology" markets such as the EU and North America remain limited.
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Import and export goods of Ho Chi Minh City’s enterprises in recent months have been on the decline. Ho Chi Minh City is worried that it will be difficult to maintain growth momentum to reach the export target this year.
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The Department of Competition and Consumer Protection (Ministry of Industry and Trade) has issued a series of recommendations on the behaviors that Vietnamese businesses must not perform or should not perform when doing business in the EU market to avoid losses.
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Many provinces and cities in the Mekong Delta have relaxed social distancing, opening up many green areas to create momentum for seafood businesses to recover, with some businesses recovered by nearly 100%.
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Living with the pandemic and reopening the economy is necessary when the economy suffers from difficulties. Assoc. Prof. Dr. Ta Van Loi, Director of International Trade and Economics Institute (National Economics University), told Customs News that Vietnam needs to provide an effective solution to harmonize economic development and the prevention of the Covid-19 pandemic.
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