The Eurasia region, comprising 28 countries stretching from Eastern Europe to Central Asia with a population of more than 400 million and a total GDP of nearly US$4.5 trillion, is considered a potential export market of Vietnam, according to experts.
A series of conferences discussing market connection solutions for Vietnamese food and agricultural products are taking place in Ho Chi Minh City within the framework of the ongoing Vietnam Foodexpo 2023 hosted by the Ministry of Industry and Trade (MoIT).
VOV.VN - Vietnamese exports have improved gradually over the past consecutive months, with the monthly average export value exceeding the US$30 billion mark, signaling a general recovery in the export market.
VOV.VN - Vietnam’s trading relationship with China has continued to prosper, going on to exceed the US$120 billion mark during the nine-month period, according to figures given by the Ministry of Industry and Trade.
VOV.VN - Although textile and garment export turnover in August continued to endure a fall compared to the same period last year, the apparel export market is in the process of showing gradual recovery while workers’ jobs are still being guaranteed.
VOV.VN - The United States is Vietnam’s largest seafood export market in the first eight months of the year, with turnover reaching US$1.01 billion, an annual decline of 37%, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
VOV.VN - Prime Minister Pham Minh Chinh presided over a Government conference with representatives of State-owned enterprises (SOEs) in Hanoi on September 14 to examine their operations and work towards solutions aimed at boosting production and development investment.
VOV.VN - The United States maintained its position as Vietnam’s largest export market with an estimated turnover of US$62.3 billion in the opening eight months of this year, according to the Ministry of Industry and Trade.
Although difficulties remained, enterprises expect to see slight improvements in orders in the coming months, pinning hopes on easing inflationary pressure for a better year in 2024.
Many foreign retail distributors, promoting strategies to diversify their supply chains and ensure a sustainable and resilient supply, have chosen Vietnam as a strategic location in the global supply chain, according to Ta Hoang Linh, Director of the European-American Market Department under the Ministry of Industry and Trade (MoIT).