China's import and export tariff adjustments on some goods took effect on Monday, including implementing provisional import tariff rates lower than the most favored nation rates on 1,010 goods, implementing tariff rates on some commodities under agreements and applying preferential tariff rates to 43 least-developed countries (LDCs).

Cashew consumption demand in many markets has improved since the end of 2023, opening up brighter prospects for Vietnam's cashew exports in 2024. Besides the positivity of the market requires the efforts of businesses and supportive policies from the State to achieve business efficiency.

Neither China nor rising global steel player Vietnam had a very good 2023 due to fluctuating steel prices and demand. Like some other steel-producing countries, both have primarily resorted to flooding foreign markets with cheap steel products to remain in the black. This has led to massive protests from countries where these imports land, including India. 

FTAs with new markets such as Israel and the UAE will create more opportunities to promote trade and investment, especially exports, of Vietnam in 2024

Suffering from declined overseas shipments, export businesses in some industries now need more assistance from the Government to navigate difficulties and challenges, insiders have said.

In a significant move to align with the new development concept and propel the construction of a new development pattern, the State Council of the People's Republic of China has declared adjustments to import and export tariffs, effective January 1, 2024. 

The forestry sector is set to harvest 17.5 billion USD from exports and 23 million m3 of wood from planted forests in 2024, Trieu Van Luc, Deputy Director of the Forestry Department under the Ministry of Agriculture and Rural Development, has unveiled.

Agreement over electric cars hailed as 'a win for motorists, the economy and the environment'