Ho Chi Minh City needs to support and encourage businesses to seek and expand exports to potential markets.

Green production, green exports, and green consumption are becoming global development trends and a positive solution to reduce greenhouse gas emissions, enhance resilience, and innovate the economy. Although the green transition process has a trajectory for adaptation, time is running out.

The increasingly strong trend of opening up international economic integration has been opening up many trade opportunities for the Vietnamese business community. This is an opportunity to promote the export of Vietnamese goods to potential markets around the world, but the larger the "playing field", the greater the associated risks. Around this issue, Mr. Hoang Minh Chien (photo), Deputy Director of the Department of Trade Promotion, Ministry of Industry and Trade, shared about solutions for businesses to exploit these opportunities.

In 2023, Vietnam's fruit and vegetable export revenue reached a record of 5.69 billion USD, an increase of 69.2% compared to 2022. In 2024, the vegetable industry in Vietnam will face many new breakthrough opportunities in production and export, with the goal of reaching about 6.5 billion USD in revenue, and is expected to soon reach the “dream number” of 10 billion USD, thus making Vietnam a “powerhouse” of fruits and vegetable exports.

The Government has issued Decree 5/2024/ND-CP on special preferential import tariffs for Cambodian goods as part of the implementation of the Vietnam-Cambodia trade promotion agreement for the 2023-2024 period.

The country is about to sign a protocol for avocado and passion fruit exports with the General Administration of Customs of China, bringing the total agricultural products exported to the Chinese market in this form to 8, according to the Ministry of Agriculture and Rural Development.

According to the Vietnamese trade authorities, fraudulent activities have been a growing trend in major markets including the United States, Canada, and Europe.

Việt Nam's economic outlook for 2024 is anticipated a 6 per cent growth, driven by a rebound in exports, AMRO forecasts.