Thanks to free trade agreements with tariff barriers gradually being removed, the exports of Vietnamese products have been on the rise. However, they are likely to face trade defence lawsuits.
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Vietnam's socio-economic situation in October and the ten months of this year showed signs of recovery, with numerous bright spots, Minister and Chairman of the Government Office Tran Van Son told a press conference in Hanoi on November 4.
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The sixth meeting of the Vietnam - Japan Joint Committee for industrial, trade and energy cooperation took place in Hanoi on November 3.
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Business transition in adaptation to a low-carbon consumption trend is inevitable for Vietnamese exporters who, in turn, should consider it a great opportunity to form relevant long-term visions and investments.
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Vietnamese exports to the UK grapple with challenges due to shifting policies and global conditions.
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China and Hong Kong have maintained the top import markets of Vietnamese pangasius from 2019 until now and are the largest consuming markets of Vietnamese pangasius.
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As Vietnam is emerging as a magnet for foreign businesses, domestic companies now have numerous opportunities to join global supply chains and develop supporting industries.
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The attraction of large foreign direct investment (FDI) inflows from the US and Europe, especially into industries with high added value such as manufacturing, technology and pharmaceuticals, is a positive signal about Vietnam’s economic development and international cooperation as well as the country's efforts in improving its position on the global value chain, according to Savills Vietnam experts.
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Vietnam is set to sign rice export agreements with Indonesia and the Philippines, said Prime Minister Pham Minh Chinh.
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More efforts are needed to lower logistics costs, which are still kept at a high level, to increase the economy’s competitiveness, according to insiders.
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