The latest measures aim to limit China’s AI technological development; though specialists think it will have a limited impact

A pair of US solar manufacturers challenged the Biden administration’s moratorium blocking tariffs on some panels imported from Southeast Asia through early June, opening a new risk for a sector already grappling with supply-chain obstacles.

In 2023, trade in goods between Vietnam and European and American market countries will witness a significant decline, the total import-export turnover of goods is expected to reach about US $ 208 billion, a decrease of about 9.5%. compared to 2022.

Durian became the top export fruit of Việt Nam with a revenue of $2.2 billion, accounting for nearly 40 per cent of the country’s total fruit and vegetables export and playing a key role in helping the sector set a new export revenue record at $5.5 billion in 2023.

The rapid growth of exports in recent years has shown the production capacity of Vietnamese enterprises in many industries, and Vietnamese goods have penetrated and gained a foothold in many markets. However, when exports are large and competitive, there is an increased risk of trade defense measures being applied.

The Southeast Asian economy's trade surplus, however, remained positive at $125 billion this year, $33 billion with the EU and $92 billion with the US.

Vietnam’s fruit and vegetable exports surged to a record high in 2023, yet insiders said it is just a start as ample room remains for the sector.

After peaking at 11 billion USD in 2022, seafood exports in 2023 encountered numerous challenges, only achieving about 9 billion USD. Amidst market and raw material processing difficulties, seafood export enterprises exerted significant efforts to weather the "storm".