The prospect of Vietnamese cashew exports to the German market will be positive in 2022, while German’s increasing demand for cashew imports is expected to create a positive impact on Vietnam's cashew industry.

Vietnamese enterprises need to change their perception of food safety and improve the quality of agricultural products to meet the requirements of the EU market. 

The idea is not just to be “Made in India” but also to promote the local manufacturing to provide them an equilateral platform vis-à-vis an international manufacturer.

Vietnamese wood enterprises are facing competition from Chinese enterprises right in the Vietnamese market, particularly the competition for veneer, requiring new policies to improve the competitiveness for Vietnamese enterprises.

In the context of the complicated situation of the Covid-19 pandemic in the Mekong Delta provinces, seafood processing and exporting enterprises have both made efforts to control the pandemic and fulfilled export orders at the end of the year.

Steel exports rose by nearly 130 percent in the first 11 months of this year to US$10.8 billion, according to the Vietnam Steel Association.

Despite the lingering effects of the pandemic, the Ministry of Industry and Trade forecasts that Việt Nam’s total trade value this year may reach a new record of between US$640 - 645 billion, with a slight trade surplus.

Taiwan (China) will reduce the tariffs on dry skinned cashew nuts imported from Vietnam, from the current 16% down to 10% according to the Vietnam Economic and Cultural Office in Taipei.