Vietnamese competent agencies are in the process of accelerating negotiations with China as they seek a way to open the market to many of strong Vietnamese products.

With the quality of local bananas meeting Japan’s quality standards, there is plenty of room ahead for Vietnamese banana exports in the Japanese market moving forward.

The opening nine months of the year witnessed the export of timber and wooden products to the United States grow by 1.9% to US$6.8 billion on-year, according to details given by the General Department of Vietnam Customs.

Fertiliser exports have set a new record, as the nine-month revenue was already 300 million USD higher than last year’s figure, the Dau tu (Vietnam Investment Review) reported.

Vietnam is likely to produce a trade surplus of US$10 billion this year despite enduring global market uncertainties and fluctuations.

China is considering the import of Vietnam’s sweet potato via official channels, with its customs officers scheduling a virtual survey of growing areas and packaging facilities in Vietnam this week.

EC’s recommendations related to regulations on combating IUU fishing, Vietnam’s fishery sector and 28 coastal localities have made active efforts to perfect the legal framework.

High inflation in markets, especially the main export markets of Viet Nam, also reduces the demand for consumer goods.