Freighters have even started accepting small orders at low prices in the hope they may be able to pool them together to make a trip worthwhile.
Việt Nam’s export turnover to Germany enjoyed a year-on-year surge of 30.5 per cent to US$7.6 billion in the first 10 months of this year, according to the Ministry of Industry and Trade.
Vietnam will promote the use of e-commerce channels to expand export markets and enable enterprises to participate in foreign distribution networks.
Vietnam’s coffee market share in the total import turnover of France and Canada has been low.
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.
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