According to the Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade, in 2024, numerous trade promotion events and programs organized abroad effectively supported businesses in expanding export markets. Strengthening cooperation with international trade promotion organizations has helped increase the presence of Vietnamese goods in the global market.

Vietnam’s rice exports to Singapore recorded significant growth in 2024, cementing Vietnam’s position as the third-largest rice supplier of the city state, according to the Vietnam Trade Office in Singapore.

China is testing for yellow O, making it difficult for Vietnamese durian to be exported to this market.

Several shipments of Vietnamese black pepper imported into Taiwan (China) have been warned due to the detection of red sudan exceeding the maximum allowable residue limit.

The Vietnam SPS Office has just sent a dispatch to units informing them about the draft of some changes in regulations for agricultural products exported to some markets.

Green and sustainable development has become a global trend and a strategic direction to maintain competitiveness and ensure long-term economic growth. Key policies such as the European Green Deal, the Carbon Border Adjustment Mechanism (CBAM), the Circular Economy Action Plan, and the Biodiversity Strategy for 2030 are significantly influencing global growth models, economic cooperation, trade, and investment.

China is facing a repeat of the tensions and uncertainty from the first presidency of Donald Trump, only with a weaker economy that’s even more reliant on exports than it was during the first trade war with the US.

While warning that Vietnam will face more challenges when the EU new regulation on timber origin takes effect, experts believe that if the requirements can be met, Vietnam will have long-term opportunities in the market.