The EU-Vietnam Free Trade Agreement (EVFTA) which entered into force on August 1, 2020, has opened up opportunities for Vietnamese agro-aquatic products to penetrate the European market, experts have said.
The development strategy of the textile and garment industry until 2030 with a vision to 2035 has clearly identified that exports will continue to be a major and crucial driving force for the sector's growth.
Thanks to high demand, Northern Europe is a promising land for Vietnamese agricultural products, according to experts who also underlined the need for domestic firms to ensure product standards to win this potential market.
On August 30, the General Department of Customs, in collaboration with the Academy of Finance, organised a national seminar with the theme: "The role of finance in supporting export-import businesses in the new situation."
In early August 2023, the U.S. Department of Commerce (DOC) published a notice regarding the acceptance of applications for administrative review of certain Vietnamese export products subject to anti-dumping or countervailing duties in the US market.
The US Food Safety and Inspection Service (FSIS) recently conducted a thorough review of the food hygiene and safety management system pertaining to Vietnamese tra fish exports to the US, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
The Vietnam Sanitary and Phytosanitary Notification Authority and Enquiry Point (Vietnam SPS Office) has not received any warning from the UK about dragon fruit exported from Việt Nam that it violates food safety regulations, said deputy director of the agency Ngô Xuân Nam.
Vietnam exports are poised to rebound on the back of reduced inventories and increased foreign direct investment among other things, write Marco Forster and Alberto Vettoretti.