Vietnam’s tuna industry has bounced back strongly post-pandemic as export soared 72 percent year-on-year to 259 million USD in the first quarter of 2022, the highest in five years, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Twenty-seven export items joined the “one-billion-USD” club in the first five months of this year, as compared with only 23 seen in the same period last year, Deputy Minister of Industry and Trade Do Thang Hai told a press conference on June 16.

With a high GDP per capita and stable demand, Kuwait is a potential market for Vietnamese goods, such as agricultural products, seafood, and furniture. However, in order to improve export turnover in this market, businesses need to pay special attention to the quality standards of goods of Islam, such as Halal certification requirements.

Vietnam is set to grant a licence under the Voluntary Partnership Agreement/FAO-EU Forest Law Enforcement, Governance and Trade (FLEGT) Programme to wood exports in 2025, after it completes preparing necessary conditions, reported a government official familiar with the sector.

Widely known as a fastidious market, Japan has always required the high quality of imported products in general and seafood in particular, according to insiders.
During the first 5 months of the year, Vietnam's seafood exports to Japan continued to rise to US$638.91 million, accounting for 13.6% of the nation's overall export turnover.
 

To help take Vietnamese lychee exports to the next level, a seminar entitled “Vietnamese lychees go global” was held in Ha Noi to support and promote the global brand name of the popular Vietnamese fruit.

The United States International Trade Commission (USITC) today determined that a U.S. industry is not materially injured or threatened with material injury by reason of imports of freight rail coupler systems and components from China that the U.S. Department of Commerce (Commerce) has determined are subsidized and sold in the United States at less than fair value.

The demand for importing wooden furniture and interior decorations from Canada is quite large, although the proportion of Vietnamese goods in this market is still modest. It is forecasted that Vietnamese furniture and interior decoration products still have many opportunities to boost exports to Canada, even though this is a "gateway" to penetrate deeply into the North American market.