Vietnam’s trade sector harvested inspiring achievements in 2023, being listed in the top 20 nations in trade scale.

VOV.VN - Prime Minister Pham Minh Chinh and Indonesian President Joko Widodo attended a high-level Vietnam-Indonesia business dialogue on January 13 in Hanoi as part of a three-day State visit to Vietnam by the latter.

VOV.VN - Vietnam and Indonesia will strive to elevate their bilateral trade turnover to US$15 billion or beyond in the time ahead through reducing trade barriers and facilitating import and export of each other's key products, including rice trade.

VOV.VN - Based on the GDP growth rate in 2024, the Ministry of Industry and Trade has set a target of increasing export turnover this year by roughly 6%, equivalent to US$377 billion, with the trade balance maintaining a surplus of about US$15 billion.

Trade between Vietnam and Sweden has been growing steadily for many years, with the North European country’s imports rising 9% annually during 2018 - 2022, a relatively impressive figure, an official has said.

Vietnam has emerged as a frontrunner in B2B sales on credit, boasting a 67% ratio, surpassing the 51% average in Asia, reported a recently-revealed Atradius Payment Practices Barometer survey.

VOV.VN - Trade ties between Vietnam and the Czech Republic have been prospering thanks to the enforcement of the EU-Vietnam free trade agreement (EVFTA) in August 2020.

The Mercantile Exchange of Vietnam (MXV), the only national centralised commodity trading market organiser in Vietnam, has said that it will focus on building specialised commodity trading floors in the coming time.

VOV.VN - With the Philippines expected to import between 3.5 million and four million tonnes of rice this year, there are bright prospects ahead for Vietnamese rice exports to the market, according to Phung Van Thanh, Vietnamese Trade Counselor in the Philippines.

Ongoing tension in the Red Sea has hiked freight rates and increased the possibility of delays, warned the Ministry of Industry and Trade.