Processing industry contributed 86.27% to the total export revenue of the country in the first nine months of 2021, according to the Ministry of Industry and Trade.
Vietnam has set a target of amending the Law on Foreign Trade Management and relevant legal documents related to trade remedies or building a Law on Trade Remedies by 2030.
Vietnam and the US have reached an agreement on illegal logging and timber trade that will avoid hefty tariffs on Vietnamese timber exports, according to the Vietnamese Ministry of Agriculture and Rural Development (MARD).
Vietnam’s aquatic products have gained the favour of Australian consumers, Secretary of the Australian Department of Agriculture, Water and the Environment Andrew Metcalfe told a workshop on October 1.
The Trade Remedies Authorities of Vietnam has recommended domestic enterprises to prepare legal knowledge and resources to deal with potential lawsuits from export markets, particularly in the Association of Southeast Asian Nations (ASEAN).
VOV.VN - There are bright prospects ahead for Vietnamese coffee exports to the Nordic market, particularly as tariffs on coffee beans have been slashed to 0% under the provisions of the EU-Vietnam Free Trade Agreement (EVFTA), according to the Vietnamese Trade Office in Sweden.
Vietnam could achieve trade balance, or even a trade surplus this year, deputy head of the Ministry of Industry and Trade’s Agency of Foreign Trade Tran Thanh Hai told a regular press conference of the ministry in Hanoi on September 30.
VOV.VN - Vietnamese timber and forestry exports during the nine months of the year surged by 31.9% to US$11.97 billion, with these products enjoying a trade surplus of US$9.699 billion, a rise of 45%, according to the Ministry of Agriculture and Rural Development.
VOV.VN - Vietnam exported Tra (Pangasius) fish products to 139 countries and territories worldwide during the opening eight months of the year, earning US$994.2 million, up 8.8% year on year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s trade turnover in the first nine months of this year reached US$483.17 billion, a year-on-year increase of 24.4%, according to the General Statistics Office.