In the first five months of the year, the rice industry brought in a record export turnover of $1.9 billion, up 41.6% over the same period last year. Meanwhile, the export price of rice also increased to a 2-year high, surpassing both Thailand and India.

Vietnam is among the six ASEAN economies forecast to grow by 4.2% in 2023, outpacing the global gross domestic product (GDP) growth of 2%, according to Maybank Group president and chief executive officer (CEO) Datuk Khairussaleh Ramli.

On 19 June, the WTO circulated the panel report in the case brought by Japan in “China — Anti-Dumping Measures on Stainless Steel Products from Japan”

China will also reasonably reduce the negative list of foreign investment access and launch free trade pilot zones, among others.

Four specialty Vietnamese fruit are now available in UK.

The six economies of ASEAN, including Malaysia, Singapore, Thailand, Indonesia, the Philippines, and Vietnam are predicted to grow by 4.2% this year, far exceeding the projected global GDP growth of 2.0%.

In the beginning of June, shrimp selling prices plummeted by about 40 per cent compared to April. Meanwhile, the cost of shrimp seed and feed increased. Those have caused shrimp farmers in the Mekong Delta to suffer heavy losses.

In its monthly report, this time (May) the General Department of Customs dedicated a section to talk about the breakthrough growth of durian exports. This is a rare move by the customs industry, if not unprecedented.

Viet Nam should prioritize investments in digital and green technologies, infrastructure, and in human capital to help promote sustainable long-term development, suggested the World Bank (WB).

The Regional Comprehensive Economic Partnership (RCEP) officially entered into full force on June 2, 2023. This event marks the full effect of this Agreement for the 15 signatories.