In the first six months of 2023, the Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade (MoIT) carried out various activities to expand the market for Vietnamese goods and resolve export difficulties.

The Vietnam-Israel Free Trade Agreement, which was signed on July 26 after seven years of negotiations, would create a conducive atmosphere for the export of Vietnamese products to Israel, according to many experts.

Vietnam has been advised to take drastic measures to balance rice exports and reserves in a bid to ensure food security amid global food chain fluctuations, according to insiders.

Rice export prices of Việt Nam have reached their highest in 12 years after a series of countries restricted rice exports.

Vietnam was among top 15 countries subject to anti-dumping duties in the 1995-2022 period, while the Ministry of Industry and Trade (MOIT) initiated investigations into just over 25 cases related to trade remedies during the same period.

Vietnam's seafood export turnover in the second quarter of 2023 reached over 2.3 billion USD, 30% higher than the first quarter. However, compared to the same period in 2022, the negative growth rate of 27.5% remained unchanged from the first quarter.

The World Trade Organization (WTO) on Friday adopted a decision by its dispute settlement panel stating that China’s antidumping duty on Japanese stainless steel products violated a WTO agreement.

In the first half of this year, Vietnam's exports of agricultural, forestry and fishery products totaled nearly 24.6 billion USD, down more than 11% against last year. Difficulties are forecast to remain in the second half.