Six export markets of billion growth

Six export markets of billion growth

Our country's key export markets maintained impressive growth momentum. In particular, six markets increased by US$1 billion or more.
Over 36% of Vietnam’s import turnover comes from China

Over 36% of Vietnam’s import turnover comes from China

China has shown its dominance over other countries and territories from which Vietnam imports goods.
Textiles and footwear in a greening spiral

Textiles and footwear in a greening spiral

More and more regulations on sustainable development are issued in major markets such as the US and EU, imposing pressure on Vietnamese textile and garment enterprises to be faster on the green roadmap.
Businesses must fully understand the new EU import control regulations

Businesses must fully understand the new EU import control regulations

From June 2024, all businesses related to goods exported from Vietnam to the EU must declare data before the goods arrive in the Import Control System (ICS2).
Bright signals from major export markets

Bright signals from major export markets

VCN - Speaking at the Vietnam - US Trade Forum held on November 21, Mr. Greg Testerman, Chairman of AmCham Vietnam, assessed 2023 as a difficult year for exporters in Vietnam as well as many other countries.
Fiscal policy maintains and ensures national financial security

Fiscal policy maintains and ensures national financial security

VCN - At the 2023 Financial Forum, speaking at the session "Financial policy overcomes challenges to promote economic growth and development", Regional Resident Representative for Vietnam, Cambodia, Lao PDR, Jochen Schmittmann believes that tax incentive
Coffee export is forecast to continue to win big

Coffee export is forecast to continue to win big

VCN - After reaching a record in price and export turnover, the coffee industry continues to have high expectations for the coming crop year thanks to favourable factors from the market as well as the industry's efforts in promoting processing and meeting
Identifying and adapting to the EU Green Deal

Identifying and adapting to the EU Green Deal

VCN - The European Union (EU) is always at the top of Vietnam's export turnover. Monitoring and adapting to policies within the framework of the EU Green Deal (The European Green Deal - EGD) is an urgent requirement for manufacturing and exporting enterpr
Pangasius exports to the EU drops by 19%

Pangasius exports to the EU drops by 19%

VCN - According to data from Vietnam Customs, as of October 15, 2023, the EU market imported more than US$134 million of pangasius from Vietnam, down 19% year-on-year.
Aquatic product exports are facing inventory challenges due to certificate issues

Aquatic product exports are facing inventory challenges due to certificate issues

VCN - Hundreds of seafood containers from the company are stockpiled and unable to be exported due to complications in obtaining the required certificates (H/C) accompanying the seafood shipments imported into Vietnam for processing and subsequent export
Potential for exporting tuna to Poland

Potential for exporting tuna to Poland

VCN - Poland is considered a potential market for Vietnamese tuna, especially after the Free Trade Agreement between Vietnam and the EU (EVFTA) took effect, Vietnamese tuna products enjoy many tariff incentives.
3 years of EVFTA implementation accessed: significant room remains for Vietnam to capitalize

3 years of EVFTA implementation accessed: significant room remains for Vietnam to capitalize

VCN - Having officially taken effect on August 1, 2020, the EU-Vietnam Free Trade Agreement (EVFTA) marked a pivotal milestone in the 30-year history of cooperation and development between the two sides. After 3 years of implementation, EVFTA has not onl
Customs and digitalisation go hand in hand

Customs and digitalisation go hand in hand

VCN - The world of customs and trade is changing fast, with increased volumes of goods and e-commerce. And digitalisation is reshaping societies and business. So customs and digitalisation go hand in hand.
Businesses need to transform to adapt to the EU

Businesses need to transform to adapt to the EU's CBAM mechanism

VCN - CBAM will initially apply to imported goods such as steel, cement, fertilizer, aluminum, electricity and hydrogen. These are sectors that are at high risk of carbon leakage and have high carbon emissions. From October 1, 2023, 27 EU member states wi
EU firms’ confidence in Vietnam increases again: EuroCham

EU firms’ confidence in Vietnam increases again: EuroCham

The European Chamber of Commerce Vietnam (EuroCham) announced on October 9 its Business Confidence Index (BCI) for the third quarter of 2023, showing that the BCI has regained its upward trajectory in the period, which offers a glimmer of hope for the Vietnamese business environment after a turbulent year.
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