Vietnam’s wood industry has unexpectedly fallen into an unprecedented slump amid a sharp decline in orders.

Green growth, green development, and circular economy are becoming global trends. This development trend has been forming new "rules of the game" on trade and investment.

Rising inflation and monetary tightening in many countries, which have reduced the demand among Vietnam’s major trading partners, are exerting a serious impact on Vietnam’s export sector.

Stronger investment into processing by-products of tra fish will be a way for Vietnam to optimise their huge potential and values amid the expanding tra fish sector, according to experts.

After experiencing lackluster days earlier this year with a sharp fall in the number of orders from foreign partners, Vietnam’s textile and garment industry is preparing to return to the international race in new, more stable circumstances.

The U.S. International Trade Commission (USITC) today determined that revoking the existing antidumping and countervailing duty orders on pneumatic off-the-road tires from India would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time. 

The Ministry of Agriculture and Rural Development has just sent a document to functional units requesting supervision and inspection of enterprises exporting agricultural products to China.

The difficulties of the economy were revealed in the first quarter of 2023. However, the growth prospect of the Vietnamese economy will recover strongly in the second half of 2023. Facing the general difficulties of the global economy, the growth dynamics of the Vietnamese economy have changed.