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.

Twenty-one Vietnamese enterprises are showcasing their products at the Private Label Manufacturers' Association (PLMA) 2024 Private Label Trade Show, which is taking place from November 17-19 at the Rosemont Exhibition Centre in Chicago, the US.

Vietnamese enterprises need to make efforts to innovate, proactively improve competitiveness, and participate in new supply chains to boost exports to Asia, said trade official.

The Vietnam Business Association in Belgium (VBAB) was officially set up on November 3, marking a milestone in the economic relations between the two countries.

Although there are many opportunities to participate in the global value chain through supplying products and components to large foreign corporations investing in Vietnam, the reality is that too few Vietnamese companies have taken advantage of this opportunity.

Vietnam national brands in 2024 will be honoured at a ceremony slated for November 4 in Hanoi, which will be broadcast live by Vietnam Television, the Trade Promotion Agency (VIETRADE) under the Ministry of Industry and Trade announced at a press conference on October 28.

The Asia Economic Cooperation Forum 2024 was held in Kuala Lumpur, Malaysia on September 28, serving as a bridge connecting Vietnamese businesses with others from Malaysia, Singapore, Indonesia and Hong Kong (China).

As the EU Deforestation Regulation (EUDR) is about to officially take effect on December 31, 2024, Vietnamese enterprises have been advised to act quickly to comply with this rule to sustain exports to this major market.

Vietnamese leading investors like Vingroup, TH Group, FPT, and Vinamilk have affirmed their intention to continue expanding their investments abroad in the coming time, given their effective business activities in the host countries.

Vietnam and Algeria hope to enhance intergovernmental projects and cooperation in several areas, heard a meeting in Hanoi on July 26 between Minister of Construction Nguyen Thanh Nghi and Algeria's Minister of War Veterans and Rights Holders Laid Rebigua who attended the state mourning of Party General Secretary Nguyen Phu Trong.