Vietnam’s efforts in expanding export markets for its fruit and vegetables in 2024 has paid off as for the first time, the export of these products has brought home US$7.2 billion, much higher than the figure of US$3.3 billion two years ago.
The economic and trade mechanisms between Vietnam and the US have shown efficiency throughout 2024, according to Do Ngoc Hung, trade counsellor and head of the Vietnam Trade Office in the American country.
Vietnam’s export products face a significant increase in the number of trade defence investigation cases this year on rising protectionism worldwide, according to the Ministry of Industry and Trade (MOIT).
VOV.VN - The European Union has decided to increase pesticide residue checks at border gates for Vietnamese durian exported to the bloc to 20%, up 10% from the previous rate.
Vietnamese export businesses need to prepare for the United Kingdom (UK)’s carbon border adjustment mechanism (CBAM), which will take effect from 2027.
The North American market offers tremendous opportunities for Vietnamese exports, but penetrating demands robust brand strategies and carefully crafted market plans, as highlighted at a seminar held in Ho Chi Minh City on December 19.
VOV.VN - Vietnam’s export-import turnover is likely to reach a record high of US$782 billion this year, demonstrating the country’s steady recovery amid global fluctuations, according to the General Department of Vietnam Customs.
VOV.VN - Vietnam raked in nearly US$3.6 billion from shrimp exports over the past 11 months, representing a year-on-year rise of 22%, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
All Vietnam's rubber’s top 15 export markets saw growth in export values in 2024, with Malaysia recording the highest increase, expanding fivefold, followed by Sri Lanka at 3.7 times, according to the Vietnam Rubber Association (VRA).
Vietnam's textile and garment industry has fulfilled its US$44-billion export turnover target in 2024, an increase of over 11% compared to 2023, thanks to efforts in market diversification, technological innovation, and effectively capitalising on the shift in orders.