In contrast to the gloomy picture of many industries, from the beginning of the year until now, many agricultural products have continuously recorded new records in export, with worth of billions of dollars. This is an important driving force for the agricultural industry to continue to "breakthrough" in the remaining months of 2023.

The activity comes as part of the new US-Việt Nam Comprehensive Strategic Partnership announced during US President Joseph Biden’s visit to Việt Nam at the invitation of the Party leader Nguyễn Phú Trọng last month.

The Vietnamese Embassy in the Czech Republic has recently organised a programme to foster connectivity between Vietnamese and Czech businesses, and introduce Vietnamese products to local residents.

Vietnamese pepper is now one of the key export products to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) market.

The image of Vietnamese brands, which is relatively modest in the CPTPP market, needs to be improved in a bid to tap the tremendous potential of this market, experts have advised.

Foreign direct investment (FDI) into Vietnam has recovered and started to grow again in the third quarter of 2023 after a period of decline. This is a vital driving force to promote Vietnam’s economic growth in 2023 and the following years.

Vietnam exported 259.67 billion USD worth of goods and recorded a trade surplus of 21.68 billion USD in the first nine months of 2023. Although the figure is lower than of the same period last year, exports in the last four months have maintained growth momentum, signalling a positive recovery.

The export of cashew nuts has recorded double-digit growth, establishing it as an agricultural product with an export turnover exceeding US$2 billion over the past time.

China has expressed concern over the European Union's ongoing trade restrictions on steel imports and will closely monitor the bloc's future actions in this regard, said the Ministry of Commerce.

Despite a continued decrease in export turnover in the first eight months compared to the same period last year, the textile and garment industry has shown numerous signs of recovery and opportunities for stronger growth in the remaining months of 2023.