Immediate measures are required to stimulate the domestic market, as the decline in the growth rate of total retail sales and services since 2021 has impacted the contribution of domestic trade to the growth of the service sector and the overall GDP of the country.

Two-way trade turnover between Vietnam and China fetched US$112.2 billion in the past seven months, up 25% year on year.

Failure to grasp and comply with the technical requirements of the importing country will create difficulties for businesses on the export path.

Investors hoping that volatility eases for the rest of the year may not like what they see on the calendar. As attention turns towards the US elections in November, investors in Asia are trying to understand how US-China trade relations could evolve.

UK commitments and regulations for tuna products in UKVFTA

It is critical to improve the legal framework for e-commerce to remain a driver for the development of the digital economy in Việt Nam, an online conference held by the Government’s e-portal has been told.

Vietnamese tuna is enjoying several advantages in the UK market thanks to tariff incentives from the UK-Vietnam Free Trade Agreement (UKVFTA).

The Ministry of Industry and Trade (MoIT) is set to increase export turnover by roughly 6%, and maintain a trade surplus of about US$15 billion next year.

A delegation led by Ho Quang Huy, Vice Secretary of the Party Committee and Chairman of the People's Committee of Mong Cai City, held talks in Mong Cai City, on August 13, with a delegation from Dongxing City, China, led by Vice Secretary of the Party Committee and Mayor of the Chinese city of Li Jian.

Ho Chi Minh City’s exports of food and agricultural products are currently assessed as having strong potential; therefore, food exporters need more support.