The total import and export turnover in the first three months of 2023 was recorded at US$150 billion, significantly lower than the set target of over $200 billion, raising concerns among authorities and businesses.

The Vietnam Trade Office in Australia has helped Vietnamese enterprises to sign a contract to export ten containers of ST25 rice to Vanuatu.

The steel sector across Vietnam continues to face a variety of challenges to its growth prospects from multiple angles.

China’s reopening early this year brings high expectations to Vietnam’s seafood sector, yet difficulties persist, requiring businesses to navigate a way out.

This year, AMRO expected Vietnam’s GDP growth to hit 6% in 2023, and then rebound to 7,1% in 2024.

In the context of uncertain global economy, the Asian Development Bank (ADB) suggested Vietnam diversify its markets to boost exports in 2023 and beyond.

China has unveiled a list of more than 80 local packaging facilities and growing areas of sweet potatoes that fully meet phytosanitary requirements, meaning they are allowed to be exported to the Chinese market.

Small- and medium-sized enterprises (SMEs) in supporting industries can benefit from multinational groups’ China plus-one strategies that include Vietnam, wrote Filippo Bortoletti, Country Director of the Dezan Shira & Associates Vietnam.

Some Vietnamese brands have been successfully marketed and sold widely in China such as Cà phê Sài Gòn, Vicosap, Sao Thái Dương cosmetics, Lipo and Tipo snacks.

Trade ministers from the Group of Seven advanced economies on Tuesday agreed to cooperate to impose export controls for cutting-edge technologies amid concerns that countries such as China may use them for military purposes and surveillance.