From January 1, 2029, residents engaging in cross-border trade, whether buying, selling, or exchanging goods, will be required to complete import-export procedures in person.
With positive results recorded in the first nine months of 2024 and efforts of businesses, experts are optimistic about the country’s bright export prospects in the rest of the year towards a historical record of US$400 billion.
The Vietnam Trade Office in Algeria and Tunisia last week coordinated with the Tunisian Union of Industry, Trade and Handicrafts (UTICA) to organise a conference to connect Vietnamese businesses and their peers in Tunis.
VOV.VN - With Vietnamese passion fruit to be licensed to enter the United States shortly, the export of this fruit to this market is expected to bring back between US$50-100 million, according to industry insiders.
Vietnam’s exports to Hungary grew by 61.1% in the first seven months of this year.
The Ministry of Industry and Trade has urged Vietnamese firms to regularly update and strictly comply with food safety regulations when exporting to Singapore.
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.