According to Việt Nam Industry and Trade Information Centre, China is the largest steel exporter to Việt Nam with an increasing share from 43.64 per cent in 2022 to 62.18 per cent in 2023.

The export of agro-forestry-fishery products to Japan is forecast to continue thriving in 2024 as numerous export opportunities are in place.

Many shipping companies have increased their terminal handling charges (THC) at ports, resulting in losses for Vietnamese cargo owners, who claimed the increases were not communicated clearly and fairly. 

Businesses need better forecasting models and risk prevention tools related to exchange rates. For example, using financial derivatives and diversifying payment currencies may help minimise risks and even bring benefit from currency fluctuations.

Brazil has not allowed the export of whole frozen shrimp and still applies additive and phosphate standards on Tra fish (pangasius) that are different from the Office International des Epizooties (OIE)’s standards, thereby causing difficulties for Vietnamese seafood exports.

Brussels has long resisted pressure to levy import duties on food from Russia and Belarus

Beset by angry farmer protests, EU to implement ‘safeguards’ to prevent cheap imports flooding market.

China was still the largest export market for Vietnamese lobsters, with a value of nearly $29 million, 27 times higher than the same period last year.