Although formal export methods are more complex and high costs compared to exporting via unofficial channels, experts recommends businesses to adopt this practice as it brings about greater benefits for them when penetrating big and choosy markets like the European Union (EU).

VOV.VN - Vietnam and the Czech Republic should bring into full play cooperation mechanisms, including the EU-Vietnam free trade agreement (EVFTA), to raise their two-way trade to US$5 billion in the coming years, Prime Minister Pham Minh Chinh told a joint business forum in Prague, on January 20.

VOV.VN - Prime Minister Pham Minh Chinh, along with his spouse and other Vietnamese officials, left Warsaw, Poland, on January 18 for Prague, beginning a three-day official visit to the Czech Republic at the invitation of Czech Prime Minister Petr Fiala.

VOV.VN - Prime Minister Pham Minh Chinh urged businesses of Vietnam and Poland to strengthen their partnerships to leverage full potential of the two countries’ development cooperation, while addressing a joint business forum in Warsaw on January 17.

VOV.VN - Vietnam and Poland put forward multiple solutions to boost bilateral economic cooperation during the second economic consultation in Warsaw, Poland, on January 16.

VOV.VN - Poland considers Vietnam to be its most important partner in Southeast Asia, and it wants to develop cooperative relations with Vietnam in all areas, President Andrzej Duda told visiting Vietnamese Prime Minister Pham Minh Chinh during a meeting in Warsaw on January 16.

The European-American Market Department under the Ministry of Industry and Trade (MoIT) will continue keeping a close watch on the situation and policy changes in countries in the region, while intensifying policy, market research and exploring opportunities to boost economic-trade cooperation.

VOV.VN - The Asian Development Bank (ADB) has maintained a positive outlook for Vietnam’s economic growth in 2025, by raising its growth forecast for the economy to 6.6%, up from the 6.2% forecast made in September.

Tuna export value is forecast to reach US$1 billion in 2024, marking an 18% increase compared to last year’s figure and solidifying the product's role as one of Vietnam’s key seafood exports.

VOV.VN - Vietnamese businesses have been advised to set and enforce green standards in their production phases in order to maintain the export of their products and penetrate deeper into the European Union market, said industry insiders.