Two-way trade between Vietnam and India saw a yearly increase of 13.6% to US$15.05 billion in 2022, statistics from the General Department of Customs showed.

VOV.VN - Vietnamese exporters are required to swiftly grasp information in order to adjust production activities in line with market conditions amid global high inflation, along with rising domestic exchange rates and interest rates, according to insiders.

United Kingdom (UK) imports from Vietnam amounted to US$6.06 billion last year, rising by 5.2% over 2021, according to the General Department of Vietnam Customs.

With the trend of green consumption, the demand for wood pallets will continue to rise in the future, experts said.

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.