Proactively taking advantage of opportunities from the European market
18:49 | 02/04/2020 Trade
The Free Trade Agreement between the European Union and Vietnam (EVFTA) is heading into the final stage before taking effect, opening up a new potential market for Vietnamese businesses.
Potential grows for vegetable and fruit exports to the US
18:43 | 02/04/2020 Trade
(VEN) - Vietnam has so far exported six fresh fruit types to the US - mango, lychee, longan, rambutan, star apple and dragon fruit, and it continues negotiations on exporting other vegetables and fruits to this potentially lucrative market.
Vietnam works to avoid trade imbalance
10:28 | 02/04/2020 Trade
(VEN) - The Coronavirus disease (Covid-19) has affected exports, requiring the Ministry of Industry and Trade in coordination with other ministries, departments and associations to seek solutions by diversifying export markets and promoting official exports.
Vietnam strives to avoid EU ‘red card’ over illegal fishing
19:01 | 01/04/2020 Trade
An upcoming European Union inspection of illegal fishing by Vietnamese vessels could result in a “red card” with adverse effects on the country’s seafood exports. A delegation of the European Commission’s Directorate-General for Maritime Affairs and Fisheries (DG-Mare) is scheduled to visit Vietnam from May 25 to June 5, 2020 to inspect implementation of the EC recommendations on illegal, unreported and unregulated (IUU) fishing.
Bright outlook for Vietnam’s 2020 rice exports
08:55 | 31/03/2020 Trade
(VEN) - Vietnam’s 2020 rice exports face a promising outlook due to the positive impacts of new-generation free trade agreements (FTAs) the country has signed and changes in global supply and demand caused by the Covid-19 epidemic in China and other factors.
PM orders suspension of signing rice-exporting contracts
10:40 | 29/03/2020 Trade
Prime Minister Nguyen Xuan Phuc has ordered a temporarily halt of signing new rice-exporting contracts, the Government Office said in a latest document concerning this matter.
Covid-19 encourages flexible solutions to promote indirect exports
10:06 | 26/03/2020 Trade
(VEN) - Shifting from direct to indirect exports through distribution and e-commerce systems has become an urgent requirement in the context of the outbreak of the acute respiratory disease caused by the novel coronavirus (Covid-19).
Vietnam seeks alternative supply sources, expands export markets
15:27 | 24/03/2020 Trade
(VEN) - The spread of the Coronavirus disease (Covid-19) has affected trade and production activities, prompting cooperation between the Ministry of Industry and Trade and ministries, departments, localities and businesses on measures to overcome difficulties posed by the epidemic.
US has no plan to suspend import of Vietnamese garment-textiles: ambassador
11:05 | 23/03/2020 Trade
The US Government has no plan to suspend the import of Vietnamese garment-textiles, said Vietnamese Ambassador to the US Ha Kim Ngoc.
The silver lining of the Covid-19 cloud for Vietnam’s furniture exports
08:53 | 19/03/2020 Trade
(VEN) - The development of the Coronavirus disease (Covid-19) in China and other countries has affected Vietnam’s exports, including the wood industry. Conversely, this also provides an opportunity to expand wood furniture exports.
The bad news and good news about seafood exports to China
09:00 | 17/03/2020 Trade
(VEN) - China was not only Vietnam’s largest Tra fish export market in 2019, but also the fourth largest importer of Vietnamese shrimp. However, the novel coronavirus (Covid-19) outbreak is strongly affecting Vietnam’s fishery exports to this market.
Covid-19 outbreak cuts South-East Asia’s GDP growth forecast to 4.2% in 2020
10:31 | 13/03/2020 Trade
Economic growth across the South-East Asia region is expected to slow to 4.2% in 2020, as the novel coronavirus (Covid-19) outbreak continues to weigh on tourism, disrupt regional supply chains and dampen household spending. This is according to the latest Economic Update: South-East Asia report from chartered accountancy body ICAEW. However, growth is expected to spring back to 5% in 2021, supported by accommodative macro policies and fiscal stimulus.
