Vietnamese businesses could increase exports to India by US$633 million annually, the Standard Chartered Trade Opportunity Report has revealed.
VOV.VN - Vietnam exported seven million tonnes of steel and iron worth a total of US$3.65 billion during the first nine months of the year, an increase of 44.4% in volume and 16% in turnover, despite suffering a drop of 19.7% in value from the same period last year.
Vietnamese exporters need to improve the quality of their products and take advantage of online platforms to reach foreign buyers amid the pandemic, especially in Thailand, a seminar heard in Ho Chi Minh City recently.
The EU-Vietnam Free Trade Agreement (EVFTA), two months after taking effect, has brought back several opportunities for Vietnamese exporters, said Deputy Minister of Industry and Trade Tran Quoc Khanh at a conference held in Ho Chi Minh City on October 17.
Vietnam’s export goods face more trade remedies in the process of deep economic integration, so the Ministry of Industry and Trade has developed solutions for the situation.
Vietnam has enjoyed a surge in timber and wood product exports to the US this year, but businesses need to choose the right items to focus on in order to tap into this major market, insiders said.
Data from the Ministry of Industry and Trade shows Vietnam will sharply increase imports of coal, gas and primitive energies to meet development needs from now to 2030.
VOV.VN - Germany, the United States, and Italy continued to make up the three largest consumers of Vietnamese coffee during the first eight months of the year, with market shares making up 13.2%, 9.1%, and 8% respectively, according to figures released by the General Department of Vietnam Customs.
VOV.VN - By enjoying numerous advantages brought about by the implementation of the EU-Vietnam Free Trade Agreement (EVFTA), tuna exports during the remainder of the year are projected to record a sharp increase, according to industry insiders.
VOV.VN - Vietnam shipped 989 million medical face masks of various types abroad during the opening nine months of the year, according to statistics compiled by the General Department of Vietnam Customs.