The China-South Asia (CSA) Expo and the 28th Kunming Import and Export Fair in Kunming city, Yunnan province of China has provided a good chance for Vietnamese firms to seek partners and promote exports to the 350 million-strong market of China’s Southwest region.
VOV.VN - The first half of the year saw seven Vietnamese commodities rake in more than US$7 billion each in export earnings, accounting for 65.6% of the country’s total export value.
Vietnam’s export products are facing 252 trade defence lawsuits from 24 markets as of June, according to the Ministry of Industry and Trade.
The UK’s participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is expected to provide more opportunities for Vietnamese firms to expand export markets and create momentum for economic development, according to experts.
Trade has been a bright spot in the Vietnam-Cambodia relationship, experiencing impressive growth over the past more than a decade and expected to reach US$20 billion.
Vietnam’s exports expanded about 13.8% year-on-year in the first half of this year, and imports rose 18.4%, the Ministry of Industry and Trade (MoIT)’s Planning and Finance Department said at a press conference in Hanoi on June 19.
Vietnam is an attractive destination for enterprises from Dubai, the UAE, who has demand for trade in goods and investment in multiple fields like logistics, finance, and technology, heard a forum held in Ho Chi Minh City on May 9.
Trade between Vietnam and Singapore topped SGD2.54 billion (US$1.87 billion) in March, rising 4.29% year on year, according to the Trade Office of Vietnam in the city state.
There remains ample room for Vietnam's exports to China and the growth will be directly proportional to the quality improvement of products by domestic enterprises, according to Dau tu (Investment) Newspaper.
Vietnam kept its export growth momentum in the Indian market in 2023 after two-way trade hit a record high of US$15 billion in 2022, Vietnamese trade counsellor in India Bui Trung Thuong told the Vietnam News Agency.