Higher logistics costs, longer delivery time and labor shortage have forced many food producers to turn down new export orders, according to the Food and Foodstuff Association of HCMC.
Vietnam is seeking ways to revive the billion-dollar pepper industry which has been struggling against unfavourable weather conditions and the COVID-19 pandemic for over the last several years.
The head of Japan’s main steel industry lobby said on Tuesday the European Union’s decision to extend anti-dumping measures on electrical steel from Japan was inappropriate and it would consider taking action.
Việt Nam has lost over 120,000 hectares of sugarcane in the 2016-21 period, a staggering 45 per cent decrease. Productivity has also gone down from 64.8 to 61.5 tonnes per hectare during the same period, according to the Vietnam Sugar and Sugarcane Association (VASA).
US tariffs on Chinese goods are hurting American firms and workers, more than 140 members of Congress have said in a letter to US Trade Representative Katherine Tai.
Trade between Vietnam and Hungary has grown continually over the past years, and it is believed that there remains much room for the Southeast Asian country to fuel exports to this European nation.
Bilateral trade between Việt Nam and the US set a new milestone, hitting US$111.56 billion in 2021, up nearly $21 billion over the previous year, according to the General Department of Customs.