Signed trade agreements are creating favourable conditions for coconut to truly become a key industrial crop. However, this is also a challenge that requires a sustainable development strategy so that coconut products can meet the increasing standard requirements of export markets.

The tariff rates for the country’s banana exports to South Korea will get a sizable reduction next week under the newly implemented free trade agreement (FTA), beginning with a 6 percent decrease on Dec 31 and another 6 percent cut on January 1.

Sustainable production is key for Vietnamese coffee to further exploit the UK – Việt Nam Free Trade Agreement (UKVFTA), to grow the market in a country full of green-aware consumers.

The two-way trade turnover between Vietnam and India is estimated to exceed US$15 billion this year, according to the Ministry of Industry and Trade.

Trade cooperation between Vietnam and Italy in 2025 is expected to see many promising opportunities and favourable conditions for stronger growth, Vietnamese Trade Counsellor in Italy Duong Phuong Thao has said.

The economic and trade mechanisms between Vietnam and the US have shown efficiency throughout 2024, according to Do Ngoc Hung, trade counsellor and head of the Vietnam Trade Office in the American country.

Vietnam’s efforts in expanding export markets for its fruits and vegetables in 2024 has paid off as for the first time, the export of these products has brought home 7.2 billion USD, much higher than the figure of 3.3 billion USD two years ago.

Vietnam’s agro-forestry-aquatic product exports are projected to surpass 62 billion USD this year, with a record trade surplus of 18.6 billion USD, marking a new milestone for the sector. This promising achievement signals potential for even stronger growth in 2025, industry insiders have said.

Vietnam’s exports to Singapore continued the growth trajectory in November, rising by 31.32%, sustaining the year-on-year expansion of 32.11% for the first 11 months, positioning Vietnam as the partner with the fastest export growth there, reported the Vietnam Trade Office in the city state.

Việt Nam’s seafood export in 2024 has surpassed its target of US$10 billion despite many challenges related to the market, logistics and materials, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).