Following the enforcement of the EU-Vietnam Free Trade Agreement (EVFTA) there remains ample room to accelerate exports to the German market moving forward, according to industry insiders.
A report on the Regional Comprehensive Economic Partnership (RCEP)’s impacts on the shaping of supply chains in Vietnam was released by the National Centre for Socio-Economic Information and Forecast (NCIF) and Konrad-Adenauer-Stiftung Vietnam on November 10.
Economic cooperation is a driving force of the comprehensive partnership between Vietnam and Canada, Vietnamese Ambassador to Canada Pham Cao Phong has said.
The outlook for export orders in the fourth quarter of 2022 and the first six months of 2023 of Vietnam's textile and garment industry is not very positive, due to concerns about inflation and high inventories of clients.
The MoIT has coordinated with focal point agencies to fulfil the transparency obligations required by the Agreement on the Application of Sanitary and Phytosanitary Measures (SPS Agreement) of the WTO in Việt Nam.
Vietnamese businesses are increasingly interested in the South African market and want to explore investment opportunities to take advantage of the free trade agreements that South Africa has signed with major markets, including the US and Europe as well as the African market, Vietnamese Ambassador to South Africa Hoang Van Loi has said.
According to the Ministry of Agriculture and Rural Development, the price of 5% broken rice of Vietnam in October is US$425 - 430/ton. With this price, the price of this rice is higher than that of India at US$48-51/ton and Thailand at US$18-27/ton.
The Philippines is the top importer of Vietnamese rice during January – September this year, accounting for 43.9% of the country’s total export of the grain, according to the Ministry of Agriculture and Rural Development (MARD).
The Protocol recently signed by the Vietnamese Ministry of Agriculture and Rural Development (MARD) and the General Administration of Customs China (GACC) will bring opportunities and benefits to Vietnamese banana growers and exporters, said MARD Minister Le Minh Hoan.
The domestic sugarcane and sugar industry expects to continue output growth with the 2022-23 crop thanks to the positive production performance and the tariff policy's efficiency for importing sugar.
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