Domestic businesses striving to overcome technical barriers in exports
The EU’s latest adjustments in quality inspection of imported processed food and produce from Vietnam show looser regulations. This means Vietnam’s exported merchandise has improved quality, safety, and hygiene.
‘Free trade agreements cause customs tax revenue loss but exports increase’
The implementation of free trade agreements (FTAs) and regional mega trade pacts have resulted in a loss of custom taxes for Cambodia, but has also boosted investment flows, created jobs, and increased exports, said Kun Nhem, director-general of Customs and Excise, while speaking at a workshop
“Golden time” for Vietnam’s lychee exports coming: experts
July marks the end of the lychee season in China but the main harvest in Vietnam. Therefore, domestic firms are advised to optimize this opportunity to boost exports to the neighbouring country.
Japan becomes the largest market for Vietnamese seafood
Over the years, Japan has always been the second-largest market for Vietnamese seafood, after the US. But in the first half of this year, Japan became the largest export market.
Pass-through of China trade war tariffs to US importers “astonishing”: report
US importers have borne almost the complete burden of tariffs placed on Chinese goods amid the long-running tit-for-tat trade war between the two global powers, according to a report from the economy, politics and society (EPoS) research centre at the universities of Bonn and Mannheim.
Vietnam, RoK intensify trade cooperation
Vietnam and the Republic of Korea (RoK) have become top important partners of each other in various fields, with economic, trade and investment cooperation serving as both pillar and primary driver of their increasingly growing relationship, said Vietnamese Minister of Industry and Trade Nguyen
Indonesia massively imported Vietnamese agricultural products, increasing by 1520%
A country in Asia is buying many Vietnamese agricultural products in the first 5 months of this year. In particular, this country also spends about 16 times more money than last year to buy Vietnamese rice.
International investors leave Vietnam wind power; what is happening?
International organizations assess that Vietnam has Southeast Asia's largest wind power potential, far ahead of other countries. Several international investors have come and set up offices in Vietnam.
The US, EU, and China suddenly reduced imports; Vietnam's spearhead industry was in trouble
The US, EU, and China - the largest trading partners of Vietnam's seafood industry - suddenly reduced imports of this important staple product due to inflation, tight spending and reduced consumer demand.
Mexico represents 8th largest tuna import market of Vietnam
The first 4 months of 2023 saw Vietnam’s tuna exports to Mexico hit nearly US$7.4 million, up 44% over the same period from last year 2022, according to the Vietnam Association of Seafood Exporters and Producers VASE
RCEP injects dynamism into China's foreign trade industry
Official data shows that from January to April this year, the total import and export volume between China and members of the Regional Comprehensive Economic Partnership (RCEP) hit 4.12 trillion yuan (about $576.06 billion), up 7.3 percent year on year, accounting for 30.9 percent of China's total
Southeast Asia Amidst US-China Economic Competition
Ann Marie Murphy is professor and director of the Center for Foreign Policy Studies at Seton Hall University. This piece was written for Perry World House's 2023 workshop "Economic Security and the Future of the Global Order in the Indo-Pacific."
New regulations create facilitation in the origin management of imported and exported goods
The Ministry of Finance has just issued Circular 33/2023/TT-BTC regulating the determination of origin of exported and imported goods. Circular 33 takes effect from July 15 and replaces circulars No. 38/2018/TT-BTC, 62/2019/TT-BTC, 47/2020/TT-BTC, and 07/2021/TT-BTC.
Online exports expected to be economic growth driver
Online exports are seen as a “launchpad” that helps businesses maintain sustainable revenue and increase exports in the context of rising inflation and consumers tightening their spending, according to insiders.
Promising outlook for exports as global markets show signs of recovery
Vietnamese export activities are expected to rebound in the second half of the year, provided that businesses swiftly interpret market signals and seize upon export opportunities.
Exports to the EU cannot bypass the Carbon Border Adjustment Mechanism (CBAM)
In mid-May 2023, the European Commission issued regulations on the establishment of a Carbon Border Adjustment Mechanism (CBAM) in the EU, requiring businesses to adapt so as not to lose their competitive advantage.
