The US Department of Commerce has recently announced it will not conduct an anti-tariff circumvention investigation against solar panels made in Vietnam, Thailand and Malaysia at a request by a group of anonymous businesses called American Solar Manufacturers against Chinese Circumvention (A-SMACC).
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Vietnam is expected to be the fastest-growing e-commerce market in Southeast Asia by 2026, with e-commerce Gross Merchandise Value (GMV) reaching 56 billion USD by 2026, 4.5 times the estimated value of 2021, according to a report by Facebook and Bain & Company.
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To successfully carry out the strategy for sustainable development of Vietnam’s maritime economy, due attention is needed to science - technology, overhaul of relevant laws and policies, and enhancement of international cooperation, according to experts.
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Seafood exports in October 2021 increased by nearly 50% compared to the previous month. Seafood production and export enterprises are showing strong signs of recovery.
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The Ministry of Industry and Trade (MOIT) has launched a programme to provide advice and information on export markets for localities, trade associations and enterprises.
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The Vietnam Trade Promotion Agency, the Lao Cai Trade Promotion Agency and China’s Zhejiang Province jointly held a virtual conference on November 19 to promote trade ties between the two nations.
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The national plan for e-commerce development in the 2021-2025 period aims to turn e-commerce into one of the pioneering area of the digital economy, helping enhance the competitiveness of businesses and promoting the growth of both domestic market and export, according to Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan.
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Vietnam's honey industry is too dependent on the US market. Therefore, the US Department of Commerce (DOC)'s anti-dumping investigation on honey products from mid-May 2021 until now has severely affected honey exports as well as the lives of beekeepers.
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Vietnam exported 60,700 tons of vegetables to Taiwan in the past nine months, worth US$40.3 million, up by 81.6% in volume and 68.9% in value year-on-year.
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Boosting the development of the supporting industry is considered an important solution to help improve the quality and competitiveness of the Vietnamese economy and better serve the processing-manufacturing sector.
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