EPR creates a major opportunity for Vietnam's recycling industry by generating financial resources.
Viet Nam’s total trade with rest of the world is estimated to hit US$782 billion by the end of this year, the General Department of Customs reported on December 19.
Viet Nam's semiconductor industry revenue is estimated at US$18.23 billion in 2024, a year-on-year increase of 11.5 percent, according to Minister of Information and Communication Nguyen Manh Hung.
Many seafood export shipments to some Middle Eastern countries have had their documents returned by the Consular Department due to the nightmare of consular legalization procedures, leading to a blockage in exports to these markets.
Vietnam's rubber sector in general, and processing and export enterprises in particular have taken actions to comply with the EU’s Deforestation Regulation (EUDR) in order to avoid any impact on rubber exports to the EU market.
From being a minor exporter prior to 2013, Vietnam rose to number eleven in the global rankings of top exporters by 2023, emerging as a surprise player in global trade.
Vietnam and Bulgaria have significant potential for multi-sector collaboration, ranging from high-tech industries and automobile manufacturing to agriculture, food processing, healthcare, and education.
With the EU Circular Economy Action Plan (CEAP), the EU aims to soon end the technology and fashion business model with products with “short life cycles” and the “waste-generating” economy in the EU.
The Vietnam Forestry Development Strategy for 2021-2030 targets having 1 million hectares of certified forests by 2030.
Total export turnover reached $354 billion in 2023, accounting for 1.5% of global export earnings.
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