Vietnamese rice is gaining momentum in Austria thanks to high quality, competitive prices, and preferential tariffs under the EU-Vietnam Free Trade Agreement (EVFTA), amid rising European demand for sustainable, healthy food products.

Efforts to boost economic and trade cooperation are creating new opportunities for the business communities of Vietnam and Bulgaria amid the continued enhancement of traditional friendship between the two nations.

In 2024, durian was a leading export among Vietnam’s fruits and vegetables, earning a record of 3.3 billion USD and accounting for 46% of the sector’s total export value. China was the largest market, importing 3.2 billion USD worth of durians, or 97% of the total.

As tensions in the Middle East continue to escalate, driving up global prices for oil, gas and gold, and disrupting global supply chains, Vietnamese exporters are working hard to identify new opportunities amid the crisis.

Việt Nam's exports of wood and wood products to the US reached US$9 billion last year, a year-on-year surge of 24 per cent

Việt Nam’s economic outlook is heavily dependent on the outcome of trade negotiations and is constrained by elevated global uncertainty on trade policies and economic growth, according to an International Monetary Fund (IMF) team led by Paulo Medas.

Despite the announcement of 46 per cent US reciprocal tariffs on Vietnamese exports, 60 percent of Vietnamese businesses remain optimistic for the year ahead, and nearly half of them plan to accelerate overseas expansion, according to the UOB Business Outlook Study.

The strengthening of ASEAN–China economic collaboration will lead to a changed Southeast Asian development pathway by 2025 that transforms the region into a complex network of supply chains and high-speed infrastructure along with established trade systems.

Mandatory emission inventories begin in 2025 - delaying means missing key opportunities.

Given their large populations and rising incomes, South Asian countries are importing a diverse range of goods including consumer products, processed food, healthcare and beauty items, electronic components, and construction materials.