The Ministry of Industry and Trade (MoIT) and relevant ministries and sectors of Vietnam are ready to work with the Belgian side to effectively support cooperation activities between the two countries’ enterprises, Minister Nguyen Hong Dien told a bilateral business forum in Brussels on December 1.
Vietnam’s total import-export turnover surpassed the US$600 billion mark in the Jan.-Nov. period, reaching US$619.17 billion, with a trade surplus of US$25.83 billion.
Executive Vice President of the European Commission (EC) and EU Commissioner for Trade Valdis Dombrovskis said Vietnam’s rise to become the bloc’s leading trade partner in ASEAN is a vivid demonstration of the success of the EU-Vietnam Free Trade Agreement (EVFTA).
Overseas Vietnamese businesspeople in the United Arab Emirates want the Vietnam government to roll out incentive policies to reduce transport costs between the two countries.
China is the world’s largest durian market with expected value of $20 billion by 2025. There are four major rivals in the market and Vietnam is one.
The Ministry of Industry and Trade (MOIT) has submitted to the government a report about problems related to implementation of next-generation free trade agreements (FTAs).
Permanent Vice Chairman of the Lang Son provincial People’s Committee Duong Xuan Huyen held a working session with a visiting delegation from the People’s Government of China’s Guangxi Zhuang Autonomous Region on November 30 to discuss measures to facilitate exchanges and cross-border trade.
Prime Minister meets with Turkish Vice President during his overseas trip.
Vietnam’s total export and import turnover of agro-forestry-aquatic products is estimated at 85.13 billion USD in the January-November period, down 5.9% from the same period last year, the Ministry of Agriculture and Rural Development (MARD) reported.
For many years, Japan has been Vietnam’s leading trade partner with bilateral turnover reaching tens of billions of USD annually.
In 2021, Việt Nam’s exports to the four CPTPP countries in the Americas reached more than US$12 billion, including $5.3 billion from exports to Canada, 75 per cent higher than before having the agreement.
Vietnam enjoyed a trade surplus of 24.44 billion USD as of November 15 this year, according to data released by the General Statistics Office (GSO).
Vietnamese exporters are now facing various trade defense instruments from the US and EU, asking them to be well-prepared to succeed in international markets.
Vietnam is exporting shrimp to about 100 countries and territories across the world, according to the General Department of Fisheries under the Ministry of Agriculture and Rural Development.
Vietnam Textile and Apparel Association (VITAS) has set a target of earning 44 billion USD from textile and apparel exports in 2024 as positive changes have seen from the last quarter of this year.
There is ample room for Vietnamese coffee in the Algerian market because importers and consumers in the African country favour the coffee’s quality and taste, said Vietnamese Trade Counsellor in Algeria Hoang Duc Nhuan.
Vietnam expects China will remove obstacles and set aside a transitional period for Vietnamese rock lobsters to enter its market.
Japan is the partner that has signed the most bilateral and multilateral free trade agreements (FTAs) with Vietnam which open up many opportunities for stronger trade cooperation between the two nations, according to Tran Quang Huy, Director of the Ministry of Industry and Trade’s Asia-Africa Market Department.
US remains Vietnam’s largest export market despite 15% decline in first ten months.
Vietnam’s export landscape is clamouring for momentum with global demand recovering and new targets already set for next year.