Vietnamese and Czech officials have underscored the vast potential of expanded cooperation between the two nations, driven by the EU-Vietnam Free Trade Agreement (EVFTA).

Vietnam’s rice exports to Singapore recorded significant growth in 2024, cementing Vietnam’s position as the third-largest rice supplier of the city state, according to the Vietnam Trade Office in Singapore.

2024 is considered an exceptionally successful year for Vietnamese rice, with the export value reaching a record high. Vietnamese rice is highly regarded for its quality and has, at times, had the highest prices in the world.

The Ministry of Industry and Trade of Việt Nam and the United States Trade Representative on January 17 signed a bilateral agreement in Washington, DC resolving an anti-dumping dispute over Vietnamese pangasius fillets.

The American president, who re-entered the White House on Monday, has proposed up to 20 per cent universal tariffs on imports from all countries.

Green and sustainable development has become a global trend and a strategic direction to maintain competitiveness and ensure long-term economic growth. Key policies such as the European Green Deal, the Carbon Border Adjustment Mechanism (CBAM), the Circular Economy Action Plan, and the Biodiversity Strategy for 2030 are significantly influencing global growth models, economic cooperation, trade, and investment.

While warning that Vietnam will face more challenges when the EU new regulation on timber origin takes effect, experts believe that if the requirements can be met, Vietnam will have long-term opportunities in the market.

The Vietnam SPS Office has just sent a dispatch to units informing them about the draft of some changes in regulations for agricultural products exported to some markets.

China is testing for yellow O, making it difficult for Vietnamese durian to be exported to this market.

Vietnam’s textile and garment exports are in good shape as orders surge, with strategic market shifts, free trade agreements, and technological advancements setting the industry up for continued growth in 2025.