According to Mr. Đỗ Xuân Lập (pictured), Chairman of the Vietnam Timber and Forest Products Association, changes in policies in the United States and globally have also opened up significant opportunities for Vietnam's wood industry.

Vietnamese goods will benefit from the reduction of intermediate stages or inspection costs when exported to third-party territories, according to experts.

Vietnam’s garment-textile export value is expected to reach 44 billion USD in 2024, marking an 11.26% increase from 2023, according to the Vietnam Textile and Apparel Association (VITAS).

India has pitched at the WTO for stricter regulations on subsidies granted by countries that are engaged in high seas fishing activities, an official said.

Vietnamese enterprises are exposed to many opportunities and benefits if they can take advantage of resources from imports and technology transfer when participating in the supply chain of FDI enterprises in CPTPP.

The EU Deforestation Regulation (EUDR) poses challenges for Vietnam's rubber industry, but it also opens doors to new opportunities.

Switzerland has suspended the unilateral application of the most favoured nation (MFN) clause with India under the Double Tax Avoidance Agreement (DTAA). Under this treaty, Switzerland had reduced the withholding tax on Indian entities operating in that country to 5 per cent from 10 per cent earlier

With double-digit growth in key markets, Vietnam's shrimp exports are projected to rake in 4 billion USD in 2024, according to insiders.