Over the past years, free trade agreements (FTAs) have proved effective in promoting Vietnam’s exports.

Vietnam’s import-export revenue is likely to hit a record of 728.9 billion USD in 2022, according to the General Department of Vietnam Customs.

The Ministry of Industry and Trade (MoIT) on December 27 organised a conference to review the implementation of the EU-Vietnam Free Trade Agreement (EVFTA) over the last two years.

Vietnam exported 1,700 tonnes of mango to the Republic of Korea (RoK) for 7.4 million USD over the past 11 months of 2022, up 19% in volume and 25% in value year-on-year, according to the Agency for Foreign Trade under the Ministry of Industry and Trade.

As many markets have opened their doors for Vietnamese fresh fruits, Vietnam’s fruit export revenue is expected to hit US$4 billion next year, rising at least 20 percent over 2022.

US maintains AD duty orders on circular welded steel pipes from Oman, Pakistan, and the UAE.

In 2022, the export value of forest products is estimated at US $16.5 billion, up 4% compared to 2021, with a trade surplus of about US $13 billion. It is happy with the results achieved, but Deputy Minister of Agriculture and Rural Development Nguyen Quoc Tri shared many signs entering 2023 that the industry will face many difficulties in exporting wood and non-timber forest products.

The agro-forestry-fishery sector has made new export records in 2022 thanks to the diversification of markets and products.