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 - Vietnam retained its position as Singapore's 11th largest trading partner during the seven-month period, with two-way trade turnover reaching roughly SGD16.8 billion, a fall of 9.41% on-year, according to the Vietnam Trade Office in Singapore.
VOV.VN - Vietnam always tries its best to implement the agreement on illegal logging and timber trade with the United States, with pledges made to develop a transparent, sustainable, and responsible forestry sector.
Branding is a long-term solution to make Vietnamese goods competitive in the international market, as many products originating from Vietnam remain unfamiliar to consumers though they are among the world's top production volumes, said experts.
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 - 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.
Dwindling demands in the global market are posing challenges to Vietnam to meet its considerable export target for this year.
Minister of Industry and Trade Nguyen Hong Dien had a working session on August 19 with Indonesian Minister of Trade Zulkifli Hasan on the sidelines of the 55th ASEAN Economic Ministers (AEM) that is taking place in Semarang, Indonesia.