Both Singapore and Malaysia produce a disproportionately large amount of the world’s semiconductors.

Since the first batch of Vietnam’s Ri6 durian was officially exported to the UK in May, TT Meridian Company has regularly imported 3-4 tons of this specialty fruit every week, which shows that it is well received by consumers in this market.

Vietnam’s rice exports witnessed decent growth in the first five months of 2023 in both established and new markets. It is forecast that rice export will continue growing in the coming months thanks to strong demand while global inventories have fallen to record lows.

Recently, the Vietnam Trade Remedies Administration has issued a notice warning that Vietnam is likely to be subject to a trade remedy circumvention investigation for quartz stone products exported to the United States, suspected of using raw materials, official products, or similar products from countries that are subject to anti-dumping and anti-subsidy duties such as China, India, and Turkey.

Online exports are seen as a “launchpad” that helps businesses maintain sustainable revenue and increase exports in the context of rising inflation and consumers tightening their spending, according to insiders.

Vietnamese instant noodle products imported into the European Union (EU) market will not require certificates of food safety inspection issued by Việt Nam’s authorised agencies from June 27.

The Ministry of Finance has just issued Circular 33/2023/TT-BTC regulating the determination of origin of exported and imported goods. Circular 33 takes effect from July 15 and replaces circulars No. 38/2018/TT-BTC, 62/2019/TT-BTC, 47/2020/TT-BTC, and 07/2021/TT-BTC.

In mid-May 2023, the European Commission issued regulations on the establishment of a Carbon Border Adjustment Mechanism (CBAM) in the EU, requiring businesses to adapt so as not to lose their competitive advantage.