Although difficulties remained, enterprises expect to see slight improvements in orders in the coming months, pinning hopes on easing inflationary pressure for a better year in 2024.
Many foreign retail distributors, promoting strategies to diversify their supply chains and ensure a sustainable and resilient supply, have chosen Vietnam as a strategic location in the global supply chain, according to Ta Hoang Linh, Director of the European-American Market Department under the Ministry of Industry and Trade (MoIT).
The UK-Vietnam Free Trade Agreement (UKVFTA) has had a significant impact on Vietnam’s export-oriented industries, driving growth and opening up new opportunities for both countries, experts have said.
VOV.VN - After two consecutive months of sharp increase, fruit and vegetable export growth has slowed, with the export value reaching US$3.1 billion in the first seven months of the year, an increase of 60.5% over the same period from last year.
VOV.VN - Vietnamese coffee exports to New Zealand witnessed three-digit growth during the initial seven months of the year, raking in US$3.2 million in the process, up 106.5% in volume and 144.2% in value compared to the same period from last year, according to the Ministry of Industry and Trade.
VOV.VN - The International Trade Center (ITC) has made a strategic report for Vietnam's five priority export sectors, including electronics, eco-friendly goods, wood and furniture, agriculture, and garments and textiles.
The EU-Vietnam Free Trade Agreement (EVFTA), which has been effective for three years, has generated positive results, reflected by a record in the trade between Vietnam and the EU, including Germany, according to Dr. Daniel Müller, Regional Manager for ASEAN at the German Asia-Pacific Business Association.
VOV.VN - Vietnamese garment and textile exports dropped by 15.9% to US$22.5 billion in the opening seven months of the year, the Vietnam National Textile and Garment Group (Vinatex) reported in its latest report.
VOV.VN - Vietnam’s import-export value from the beginning of the year to August 15 stood at an estimated US$402 billion with a trade surplus of US$16.25 billion, reported the General Department of Vietnam Customs.
The management board of Lao Cai Economic Zone launched a digital feature at the Kim Thanh International Border Gate No. 2 in the northern province of Lao Cai on August 21, with an aim to reduce time and costs related to customs clearance for exports-imports through this border gate.