Despite the impact of the protracted Russia-Ukraine conflict, global market fluctuations, and rising inflation risks internationally, the national economy recorded an impressive trade performance in 2022

Vietnam is currently the 7th largest trading partner of the US and the US is the 2nd largest trading partner of Vietnam and the largest export market of our country.

On January 31, 2023, the Ministry of International Trade and Industry (MITI) of Malaysia announced a launch of an anti-dumping (AD) investigation on cold-rolled products of alloy or non-alloy steel

Despite a significant fall in exports in 2022, there are bright prospects ahead for pangasius exports this year thanks high demand from China and the United States – the two major markets for Vietnam.

Despite the export prices of Vietnamese rice recording a two year high, importers have put in bulk orders following the recent week-long lunar New Year break in Vietnam, signaling another fillip year for rice businesses.

Fruit and vegetable exports received positive signs during the initial months of the year with the number of export orders to the major markets such as the United States and the EU growing by 20% to 30% against the same period from last year, according to industry insiders.

Right after the Tet holiday, businesses across the country quickly embarked on production and business work with an urgent spirit, expecting a new year with new successes beyond the plan.

The export of phones and components increased by less than 1% year-on-year and is forecast to continue to face difficulties this year due to the impact of inflation in many countries around the world.