Despite daunting challenges, Vietnam’s exports of wood and wooden furniture have shown signs of recovery since the end of 2023, Director of the Vietnam Chamber of Commerce and Industry (VCCI)’s Ho Chi Minh City Branch Tran Ngoc Liem said on February 26.

By placing a cap on total emissions and allowing companies to buy and sell allowances, ETS introduces economic incentives for businesses to reduce their emissions efficiently.

This image shows a worker processing tea for export at a tea business in Vietnam. Photo: M.V. / Tuoi Tre Vietnam exported around 12,000 tonnes of tea worth over US$21 million in the first month of 2024, with Pakistan remaining the largest buyer, according to official figures.

Exports to the United States surpasses the US$10 billion mark in January, representing an increase of 64% compared to the same period from last year, according to data given by the General Department of Vietnam Customs.

In the 21st century, the South China Sea has become one of the most strategic and conflict-prone regions. This is due to the traditional security perspective that the South China Sea area as an important part of the Asia-Pacific.

Over the years, businesses have focused on brand development, creating higher value in export orders and establishing a solid position in the domestic market with "Made in Vietnam" products gaining a strong foothold and winning over consumers in foreign markets.

Only a few small companies reported year-on-year growth in net profits for the whole year.

The current robust development of digital technology, including artificial intelligence, has been providing Việt Nam's economy with ample opportunities for growth, improved competitiveness, quality of products and services and production.

The Philippine Economic Zone Authority (PEZA) expressed optimism on a trade and investment mission arriving from the United States next month.

The forest coverage rate has been maintained at 42.02 per cent of the country's area, and forestry