The foreign direct investment (FDI) sector retained its role as an export pillar of the nation’s economy with revenue of US$43.2 billion recorded in the initial two months of this year, up 14.7%, accounting for 72.8% of the country’s total export value.

With orders secured for the second quarter, activities are in full swing in many leather and footwear production plants, bringing about the hope for a year of buoyant exports.

Việt Nam exported 35,000 tonnes of peppercorn worth US$143 million in the first two months of 2024, down 12.3% in volume but up 12.9% in value, reported the Ministry of Agriculture and Rural Development (MARD).

New Canadian regulations for imported goods will exert an impact on Vietnamese export businesses moving forward, according to industry insiders.

Tariffs on shipments of fresh, frozen and dried blueberries go down from 30 per cent to 10 per cent

Germany’s levy on cross-border gas trading puts the EU’s energy solidarity at risk and hurts efforts to cut the bloc’s reliance on Russian gas, the bloc’s energy commissioner and deputy Czech PM told reporters on Monday (4 March) following a meeting of EU energy ministers.

The State budget revenue from export-import activities in the first two months of this year reached VNĐ56.42 trillion  (US$2.35 billion), or 15% of the estimate, down 2.4% year on year, reported the General Department of Customs.

The Trade Remedies Authority of Vietnam (TRAV) under the Ministry of Industry and Trade (MoIT) has warned of a risk of Canada’s trade remedy investigations into steel wire products imported from Vietnam.