Vietnam's rice export prices have reached the highest levels globally, surpassing those of Thailand, Pakistan, and other major exporters, the Vietnam Food Association (VFA) has announced.

According to Vitas, the closure of many textile and garment factories in Bangladesh may lead customers to consider shifting their orders to other countries, which could provide certain advantages for Vietnamese enterprises.

The State Bank of Việt Nam and the Bank of Laos have jointly organised a conference to share experience in promoting the use of respective domestic currencies in bilateral trade and investment.

In reality, there are businesses that own very good products but do not know how to export. If businesses and cooperatives do not understand the market regulations, it will be very difficult for them to export their products.

The Vietnam Sanitary and Phytosaniary Notification Authority and Enquiry Point (Vietnam SPS Office for short) has just received a notice from the Secretariat of the World Trade Organization (WTO) SPS Committee on the European Union (EU) seeking opinions from WTO members on draft SPS measure notifications.

Amidst the strong wave of shifting production investments and diversifying global supply chains by multinational companies, experts view this as a significant opportunity for Vietnamese suppliers and supporting industries.

It is extremely necessary to grasp and understand the new EU regulations such as CBAM and EUDR. Thereby, businesses have plans, measures and roadmaps to adjust export production activities, maintain and develop export markets.

The semiconductor industry is crucial for the US economy and national security, but it faces significant challenges. The CHIPS and Science Act aims to address domestic manufacturing shortfalls and reduce reliance on foreign suppliers, having already spurred over US$450 billion in private investments. But concerns persist amid financial constraints, supply chain disruptions and geopolitical tensions with China. Strategic policy reforms, international cooperation and enhanced workforce development are vital for securing US leadership in this critical sector.

Vietnam’s fruit and vegetable export turnover is likely to hit a record high of 7 billion USD in 2023, driven by the current momentum and steady double-digit growth in recent times.

Vietnam and China have been tightening their economic and trade ties over the recent years, reflecting a strong vitality, said the International Business Daily, the mouthpiece of the Chinese Ministry of Commerce.