The Trade Remedies Authority of Việt Nam urges manufacturers and exporters to increase origin transparency to cope with the European Union’s trade defence investigations, which are rising amid an increase in global trade tensions.

Hundreds of tonnes of dragon fruit are stuck in warehouses, as farmers and businesses face the risk of huge potential financial losses if the issue is not resolved promptly.

Over the past ten days, a series of enterprises exporting dragon fruit, beans, corn and so on to the European market have been under stress because there is no agency granting the certificate of export.

Vietnam is asserting itself as one of the world’s most promising and reliable centres for trade and manufacturing.

Vietnamese rice is gaining momentum in Austria thanks to high quality, competitive prices, and preferential tariffs under the EU-Vietnam Free Trade Agreement (EVFTA), amid rising European demand for sustainable, healthy food products.

Despite the announcement of 46 per cent US reciprocal tariffs on Vietnamese exports, 60 percent of Vietnamese businesses remain optimistic for the year ahead, and nearly half of them plan to accelerate overseas expansion, according to the UOB Business Outlook Study.

The European Union is looking to deepen its ties with Vietnam by upgrading the current partnership to a Comprehensive Strategic Partnership, affirming the growing importance of Vietnam as a key partner in the Asia-Pacific region.

According to the Vietnam Trade Office in Sweden, which is also in charge of Norway, Denmark, Iceland, and Latvia, in the context of the US imposing reciprocal tariffs on imports from many countries, Vietnam should expand its exploitation of the Northern European agricultural, forestry and fishery market.

Vietnam’s steel and aluminum manufacturers and exporters should reassess their production and export activities to the European Union (EU) while closely monitoring market developments to formulate timely response strategies if necessary.

The EU has introduced maximum residue limits (MRLs) for inorganic arsenic in fish and other seafood, ranging from 0.05 to 1.5 ppm.