The global Halal industry is expanding rapidly, but Vietnamese exporters have yet to fully capitalise on its opportunities. Experts believe Vietnam needs a comprehensive, long-term strategy to develop its Halal sector, covering certification, market access, and capacity building.
VOV.VN - Vietnam raked in US$35 billion from exporting goods to the Chinese market over the past seven months, up 7.5% from the same period last year, according to the Ministry of Industry and Trade (MoIT).
VOV.VN - The United States has lowered its reciprocal tariff on Vietnamese exports from 46% to 20%, according to Vietnam’s Ministry of Industry and Trade.
VOV.VN - Vietnamese exports are increasingly facing technical barriers as the European Union has recently adopted stricter standards, requiring businesses to equip themselves with thorough knowledge of new regulations and proactively enhance their production capacity.
VOV.VN - The draft Law on E-Commerce is set to establish a new legal foundation for boosting cross-border e-commerce exports and enabling Vietnamese enterprises to access the global market.
Despite mounting challenges from tariffs and logistics, Vietnamese exporters to the US can still 'turn the tide' by understanding market demands and adopting effective cost-optimisation solutions, experts say.
VOV.VN - Pressures are building up on Vietnamese exporters seeking to penetrate deeper into the European Union (EU) as the bloc imposes stricter requirements for imported agricultural, aquatic, and industrial products, according to insiders.
The European Union is concerned that Chinese goods, previously destined for the US, could be redirected to the European market due to the reciprocal tariffs, said Nguyen Thi Hoang Thuy, head of the Vietnam Trade Office in Sweden, concurrently in charge of the Nordic market.
The American Chamber of Commerce in Vietnam (AmCham) on April 4 issued a statement outlining the wide-ranging impact of the US’s new tariff policy on Vietnamese exports.
VOV.VN - Vietnam regrets the United States’ decision to impose reciprocal tariffs on Vietnamese exports to its market, Pham Thu Hang, spokesperson for the Vietnamese Ministry of Foreign Affairs has said.