Vietnam’s durian exports accounted for 31.8% of China’s total import turnover of this item.
Việt Nam's exports to India reached US$8.5 billion for the first time in 2023, up nearly 10 per cent over the same period of 2022, according to the Vietnamese Trade Counsellor in India, Bùi Trung Thướng.
The Agency of Foreign Trade under the Ministry of Industry and Trade, and the ASEAN Secretariat on March 25 opened a joint session of ASEAN and Korean experts on the transposition of ASEAN-Korea Free Trade Agreement (AKFTA) product specific rules from harmonised system codes HS 2017 into HS 2022.
Việt Nam has exported steel products to more than 30 markets in the world, with about 25-30 per cent of its steel exports going to the EU market.
Việt Nam exported 35,000 tonnes of peppercorn worth US$143 million in the first two months of 2024, down 12.3% in volume but up 12.9% in value, reported the Ministry of Agriculture and Rural Development (MARD).
According to the HCM City Export Processing and Industrial Zones Authority (HEPZA), the southern economic hub lured $174.19 million in foreign investment in the period, including $4.84 million invested in two new projects, and $171.35 million added to three existing projects.
The recent continuous rising coffee prices have helped local coffee exports to achieve the target of US$1 billion in the first two months of the year, representing an increase of 50% against the same period from last year, according to figures given by the General Department of Vietnam Customs.
The US is considering the recognition of Vietnam as a market economy, which means that Vietnamese goods entering the US would avoid many risks caused by trade barriers.
Analysts have noted strong investment from China in manufacturing and support industries, warning that this will pose challenges for Vietnamese enterprises in the field.
The VN Trade Office in the Republic of Korea has urged enterprises to strictly comply with regulations on pesticide residue levels when exporting farm produce to this market.
| The site is done with the technical support of the project BWTO |
