More than 201 Chinese traders have registered to enter Vietnam to purchase lychee in the northern province of Bac Giang between mid-May and July, Trade and Industry Promotion Center of the province has announced.
Vietnamese businesses still have a lot to do to realise the full export potential to Japan and South Korea, according to the Ministry of Industry and Trade (MoIT).
As one of the few sectors reporting export turnover increase in the first quarter of 2023, Vietnam's vegetable and fruit sector has a bright outlook to earn 4 billion USD in export revenue this year.
Vietnam earned US$ 1.1 billion from exporting plywood in the first 11 months of 2022, securing the fifth place in the world’s top five largest plywood exporters, according to the International Trade Center (ITC).
The UK’s membership of the Comprehensive and Progressive Agreement for Trans Pacific Partnership (CPTPP) trade group brings new supply chain opportunities. They should not be overstated: The UK already has trade deals of varying sorts with all CPTPP members except Malaysia and Brunei.
East year sees the Republic of Korea (RoK) import over 100,000 tonnes of shrimp worth between US$800 million and USS$1 billion, with Vietnamese shrimp products always accounting for the highest market share at over 50%.
India has introduced a new countervailing (CV) duty on imports of saturated fatty alcohols coming from Indonesia, Malaysia and Thailand after an investigation determined these products injured the domestic industry, according to India's Ministry of Finance.