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News

Vietnam currently is the third largest seafood exporter in the world. The European Union (EU) always demands abundant resources due to the average consumption of around 22 kilograms of seafood per capita.

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In the coming time, Vietnam would continue to negotiate to export more new products to the market and strengthen cooperation with the southern border provinces of China, particularly, participating in cross-border e-commerce channels.

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In order to compete with goods on cross-border e-commerce platforms entering Vietnam, experts and businesses recommend that in addition to improving product quality and lowering costs, it is necessary to remove bottlenecks in transportation and delivery.

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The import of fruits and vegetables from several markets, particularly the US, to Việt Nam surged significantly in the first 10 months of 2024.

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The Swiss-Việt Nam Economic Forum (SVEF) held a meeting in Geneva on December 4 to review its activities in 2024 and outline a programme for 2025 to further strengthen economic and cultural ties between the two countries.

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Along with India, Canada, and China, Vietnam has experienced the fastest average annual export growth from 2019 to 2023.

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The German Business Association (GBA) has had a landmark year in 2024, solidifying its role as a pivotal force in driving economic collaboration between Germany and Vietnam.

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Vietnamese enterprises should be more active to participate in the supply chains of foreign-invested companies to leverage the benefits of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

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The Vietnamese manufacturing sector remained in growth territory in November but overall business conditions improved to a lesser extent than in the previous month as slower rises in output and new orders were recorded, according to the S&P Global.

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Vietnam’s support for president-elect Donald Trump may be tempered by the realities of his ‘America First’ policies, which prioritise US interests and often undermine multilateral agreements. While many Vietnamese view Trump as a leader who can bolster regional stability, his focus on reducing trade imbalances could lead to tariffs and disrupt Vietnam’s exports to the United States. Trump’s transactional foreign policy approach may also challenge Vietnam’s strategic partnership with the United States, particularly in the face of US–China competition.

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