The 15 free trade agreements (FTAs) to which Vietnam is a member are expected to give a boost to Vietnam’s export activities this year, towards the growth target of 6%.
VOV.VN - Vietnamese firms are enduing a shortage of export orders and are therefore trying to retain employees in the initial months of the new year, a period which is usually considered the off-peak production season.
VOV.VN - Hoa Phat Group, Vietnam’s largest steel maker, said that it has received several export orders during the opening month of the year from markets such as the United States, Canada, Mexico, Puerto Rico, Australia, Malaysia, and Cambodia.
VOV.VN - Customs clearance of goods at border gates in Lang Son province that share a border with China has returned to normal after a week-long lunar New Year holiday.
VOV.VN - A number of importers of the United States and the Netherlands have surprisingly sealed sale deals with Vietnamese businesses during the first days of the lunar New Year despite anticipated market difficulty in the year ahead.
Domestic steel demand is expected to keep falling due to the property market slump and tightened monetary policy, economic downturn in many export markets and a rise in supply making the outlook for the industry in 2023 poor, analysts said.
The seafood industry grew rapidly in the third quarter of last year, but there are signs of a slowdown in the fourth quarter and it is expected to continue this year, particularly in large markets.
Seaports nationwide are still working through Lunar New Year (Tet) break to ensure that import-export activities are not disrupted, according to the Vietnam Maritime Administration (VMA).
Vietnamese fertiliser exports were riding high in 2022 with an aggregate volume of 1.7 million tonnes, bringing in over US$1 billion.
VOV.VN - Despite Vietnamese seafood exports reaching a record high of US$11 billion last year, the fisheries sector is anticipated to encounter numerous difficulties in the year ahead due to high inflation globally which will lead to consumers moving to tighten their spending.