Representatives of Vietnam's trade offices abroad have highlighted opportunities and give recommendations for Vietnamese businesses to navigate tariff-related challenges and promote exports.
Vietnam kept its export growth momentum in the Indian market in 2023 after two-way trade hit a record high of US$15 billion in 2022, Vietnamese trade counsellor in India Bui Trung Thuong told the Vietnam News Agency.
Vietnamese durian exports to the UK have increased due to high demand for this fruit and the advantages of the UK-Vietnam Free Trade Agreement (UKVFTA).
The Vietnam Trade Office in Canada is focusing on helping Vietnamese businesses make the most of CPTPP's principles of origin in the garment and textile sector through connection activities and provision of information about the Canadian market, according to Trade Counsellor Tran Thu Quynh at the Vietnamese Embassy in Canada.
Branding is a long-term solution to make Vietnamese goods competitive in the international market, as many products originating from Vietnam remain unfamiliar to consumers though they are among the world's top production volumes, said experts.
VOV.VN - The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), to which both Vietnam and Canada are members, has brought about benefits to businesses of the two nations.
The Vietnam – US trade relations are enjoying strong growth after the US concluded its investigation related to Section 301 into Vietnam’s alleged import and use of timber illegally harvested or traded, and removed Vietnam from its currency manipulation list, said Trade Counsellor of Vietnam in the US Do Ngoc Hung.
The conclusion of negotiations towards the signing of the Vietnam - Israel Free Trade Agreement (VIFTA) has opened up new and potential opportunities for Vietnam's exports, and now is time for businesses to understand Israeli people’s needs and tastes to promptly enter this new market, according to insiders.
The Vietnamese Trade Office in India and the Bureau of Indian Standards (BIS) on April 26 organised a webinar on BIS’s regulations and certification procedures for foreign manufacturers, attracting the participation of more than 60 Vietnamese firms.
The dynamism and experience of a producing country will be advantages for Vietnamese businesses when joining the global halal market, to which Singapore is the nearest gateway, said Vietnamese Trade Counsellor to the city state Cao Xuan Thang.