A top priority among Vietnamese businesses is to diversify their supply sources, as shown in a recent survey by Vietnam Report, a market research company in Việt Nam.

The entry of Chinese automakers into the Vietnamese auto market presents both opportunities and challenges for consumers and competitors in Viet Nam, according to local car experts.

Competition commissioner says inquiry could follow similar move to challenge China’s sales of electric vehicles in Europe

Recently, there has been a shift of capital from North American investors to Vietnam, opening up many opportunities for investment in Vietnam in various fields, especially in high-tech and green sectors.

Currently, Việt Nam is the 23rd largest tea supplier to the UK market. However, Vietnamese tea exports to the market decreased sharply both in value and volume over the first half of 2023.

Vasep said that lobster was being exported to China mainly via unofficial channels, which posed many risks, including price fluctuations and changes in import policies.

The reduction in seafood exports is gradually narrowing, seafood processing and exporting enterprises are trying to find opportunities to boost exports in the last months of the year.

The U.S. Department of Commerce has imposed countervailing duties on Hyundai Steel and Dongkuk Steel, alleging that Korea’s cheap electricity rates are effectively subsidizing the Korean steel industry. This is the first time the U.S. government has slapped tariffs due to cheap electric power in a final determination for imposing countervailing duties.

A seminar was held by the Vietnam Trade and Industry Review in Hanoi on October 6 to discuss how to connect with the EU firms and make the best use of the EU-Vietnam Free Trade Agreement (EVFTA).

Việt Nam, as an open economy with multiple Free Trade Agreements (FTAs) in place, is committed to fulfilling its obligations in the automobile import sector.