With the Philippines expected to import between 3.5 million and four million tonnes of rice this year, there are bright prospects ahead for Vietnamese rice exports to the market, according to Phung Van Thanh, Vietnamese Trade Counselor in the Philippines.

Ongoing tension in the Red Sea has hiked freight rates and increased the possibility of delays, warned the Ministry of Industry and Trade.
 

On Christmas Day China introduced tariff waivers on most goods coming from Angola, the Democratic Republic of Congo (DRC), The Gambia, Mali, Madagascar and Mauritania, which will no longer have tariffs slapped on them when entering the Chinese market.

European businesses operating in Vietnam are displaying resilience, evident in the Business Confidence Index (BCI) released by the European Chamber of Commerce in Vietnam (EuroCham) on Monday.

On Sept 5, 2023, the Office of the United States Trade Representative posted a notice in the Federal Register stating that it was extending previously reinstated exclusions to the Section 301 tariffs till Dec 31.

Việt Nam’s cashew industry eyes export growth despite global headwinds, according to insiders.

The Chinese government has agreed to more than halve tariffs on SA's iconic rooibos, the Department of Trade, Industry and Competition (dtic) said on Tuesday. This is offering the prospect of local producers ramping up exports to the world's largest consumer of tea.

Minister of Industry and Trade Nguyen Hong Dien has affirmed the determination to strengthen trade promotion and export to major markets, optimising free trade agreements (FTA), making full use of opportunities, and actively responding to challenges in 2024.