Enterprises of Vietnam have been recommended to diversify markets, including nearby countries, to promote exports, which are bouncing back strongly but also facing certain headwinds.

The current ongoing Russia-Ukraine conflict and the efforts of major food exporters to limit the volume in their export quota has sent food prices to skyrocket controllably.

A year after the UK-Vietnam Free Trade Agreement (UKVFTA) came into effect in early 2021, trade between the two countries has shown significant growth despite the impact of the COVID-19 pandemic, said an official of the Ministry of Industry and Trade (MoIT).

With positive performance in H1, the ministry expects the country's agro-forestry-fishery exports to reach $55 billion by the year-end, $5 billion higher than the Government target. 

The General Administration of Customs of China (GACC) has agreed to pilot import of Vietnamese passion fruits starting in July, making it the 10th Vietnamese fruit to be allowed to enter the Chinese market, Deputy Director of the Plant Protection Department at the Ministry of Agriculture and Rural Development (MARD) Nguyen Thi Thu Huong said at a conference on July 7.

The Turkish government will impose anti-dumping duties on hot rolled coil (HRC) imports from the EU and South Korea today, ranging from 7-12.8pc.

The EU has issued a warning against nine fresh and processed fruits and vegetables from Vietnam due to food safety risks.

In the post-Brexit environment, the British authorities have attempted to forge economic partnerships with many countries, around the world, away from the purported bureaucracy of the regional trading bloc