The signing of the Protocol to officially export coconuts to China will help this product have the opportunity to surpass the US$1 billion mark in the near future, while also opening up "successful" opportunities for numerous key coconut localities, according to insiders.

In the remaining months of 2024, the Ministry of Industry and Trade will continue implementing concerted solutions to develop Vietnam's foreign trade, in which Northeast Asia with important markets will be identified as the focus, according to the ministry’s Asia - Africa Market Department.

So far this year, Vietnam has shipped abroad 114,424 tonnes of pepper worth 493.1 million USD, down 13.2% in volume but up 20.6% in value over the same period last year.

Within the framework of the 33rd ASEAN Directors General of Customs Meeting (ADGCM) taking place from June 4 to 6, 2024, in the island city of Phu Quoc, the northern province of Kien Giang, cooperation on the Authorized Economic Operator (AEO) Program is an important content. Customs Magazine had an interview with Deputy Director of the Post-Customs Clearance Audit Department (General Department of Customs) Nguyen Sy Hoang about this issue.

The Vietnamese Ministry of Agriculture and Rural Development (MARD) and the General Administration of Customs of China (GACC) have agreed to ramp up cooperation in the field of agricultural trade, opening the door for more Vietnamese farm products to enter the lucrative market of China.

Indonesian Coordinating Minister for Economic Affairs, Airlangga Hartarto, and South Korean Trade Minister Inkyo Cheong signed a memorandum of understanding (MoU) on the implementation of Article 6 of the Paris Agreement, in particular, to cut carbon emissions.

The EU- ASEAN Business Council (EU-ABC), on the one hand, wants goods to be cleared quickly and facilitates trade, and on the other hand is ready to help customs improve operational efficiency and understand the needs of the business community, as well as in other issues such as fighting against illegal trade.

Vietnam has many regional specialties, but sales are often through consignment companies that buy and then export across the border. Cross-border electronic commerce (e-commerce) can help direct manufacturers and small manufacturers participate directly in exporting. Mr. Nguyen Van Thanh, Director of the Center for E-commerce Development (Department of E-Commerce and Digital Economy, Ministry of Industry and Trade) said that to improve export capacity through e-commerce, many training activities, equipping skills and knowledge for businesses will continue to be deployed.

Israeli businesses expressed their interest in seeking more goods supply sources from Vietnam to meet the demand of domestic consumers at a trade promotion and business connection event in Tel Aviv on June 4.

The Economic and Science Promotion Agency of Gyeonggi-do province of the Republic of Korea (RoK) announced on June 5 that it has completed a pilot project to support businesses from northern provinces and cities in connecting with Vietnam.