Vietnam-China trade reached US$19.66 billion in December 2024, according to the General Department of Customs.
The Vietnamese Business Association in the UK (VBUK) has announced plans to reshape the landscape of Vietnam-UK trade relations, focusing on driving business community forward, fostering its unity and strengthening connections with their Vietnamese partners both at home and abroad.
While Vietnam's exports to the US have bolstered GDP growth this year, domestic factors, including the Government’s increasing spending on infrastructure, real estate market recovery, and consumption, will help the country maintain its economic expansion at around 6.5% in 2025.
The economic and trade mechanisms between Vietnam and the US have shown efficiency throughout 2024, according to Do Ngoc Hung, trade counsellor and head of the Vietnam Trade Office in the American country.
Vietnam’s export products face a significant increase in the number of trade defence investigation cases this year on rising protectionism worldwide, according to the Ministry of Industry and Trade (MOIT).
Vietnamese export businesses need to prepare for the United Kingdom (UK)’s carbon border adjustment mechanism (CBAM), which will take effect from 2027.
The North American market offers tremendous opportunities for Vietnamese exports, but penetrating demands robust brand strategies and carefully crafted market plans, as highlighted at a seminar held in Ho Chi Minh City on December 19.
VOV.VN - Vietnam Export Promotion Forum 2024 kicked off on December 4 in Hanoi, with the event attracting the participation of 300 delegates from relevant ministries, embassies, associations, and international organizations from across the country.
Vietnam has faced 268 trade defence investigations, with more than half coming from Asia, Africa and Oceania, according to the Ministry of Industry and Trade.
Vietnam's exports to Singapore surged by 35.23% in September, maintaining a high year-on-year growth rate in the first nine months of 2024, at 31.55%.