Vietnamese durian will be allowed to officially be exported to China after the protocol is publicised. Earlier, dragon fruit, watermelon, lychee, longan, banana, mango, jackfruit, rambutan, mangosteen and passion fruit from Việt Nam were also allowed to be shipped to China via official channels.
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Enterprises of Vietnam have been recommended to diversify markets, including nearby countries, to promote exports, which are bouncing back strongly but also facing certain headwinds.
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In the context of price inflation, EVFTA is an advantage in helping export seafood to the EU.
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The disruption of global wheat supply caused by the Russian military operations in Ukraine has left importers no choice but to seek substitution for the grains in rice-exporting countries, boding well for Vietnamese rice.
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The Organisation for Economic Cooperation and Development (OECD) two-pillar solution has introduced a global minimum corporate tax rate (GMCT) of 15 per cent applicable from 2023, but experts have mixed positions on the tax.
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Vietnam is hoping to attract more investment from the US, Europe and major global enterprises under a recently approved strategy on foreign investment cooperation.
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Many manufacturers in the global supply chain of major firms are gradually focusing on Việt Nam.
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HCM City offers numerous investment and business opportunities for European businesses, a Việt Nam – Europe Business Forum heard yesterday (June 30).
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The Trade Remedies Authority of Vietnam (TRAV) has recommended that wooden cabinet producers and exporters continue to review the export activities of their products subjected to the US Department of Commerce (DOC)’s anti-circumvention and anti-subsidy investigation.
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Vietnam has emerged as a major Southeast Asian supplier of farm produce and aquaculture products to the UK following the UK-Vietnam Free Trade Agreement (UKVFTA) they signed, speakers said at a conference on June 23.
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