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Export revenue of the leather, footwear and handbag sector is predicted to hit 26-27 billion USD in 2024 on the basis of the positive results seen so far, according to the Vietnam Leather, Footwear and Handbag Association (LEFASO).

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Hydrogen de France (HDF Energy), a French energy company that has been present in Vietnam since 2022, has inaugurated its first fuel cell factory in Bordeaux, France, which is expected to lay a foundation for the launch of its “green” hydrogen factories in Vietnam and other countries in the future.

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The multilateral trade system is facing increasing challenges, from geopoliticisation to securitisation. EU-China trade relations have been in constant change over the past decade. Recent measures from both the EU and China might suggest possible tensions and the development of new trade disputes.

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According to data from the General Department of Customs, in the first 5 months of this year, exports of frozen pangasius fillets to the CPTPP bloc reached nearly 89 million USD, up 6% over the same period last year, accounting for 87% of the proportion, and accounting for 15%. of the total export value of Vietnamese frozen pangasius fillets to markets.

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The state visits to Laos and Cambodia by President To Lam from July 11-13 are expected to help promote solidarity and open up more trade cooperation opportunities between Vietnam and the two neighbouring countries.

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Agriculture ministers of Việt Nam and the Philippines agreed to establish a rice industry alliance between the two countries and upgrade the trade relationship into an investment partnership.

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Qualified products from South Korean SMEs will be sold at Lotte Mart Vietnam, while Lotte Global Logistics will transport them at the lowest international shipping rates.

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Trade pact accelerates under new UK government led by Keir Starmer

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Việt Nam is the world's fifth-largest exporter of wood and wooden products, second in Asia and leading in Southeast Asia.

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Representatives from the Vietnamese provinces of Lao Cai, Ha Giang, Lai Chau and Dien Bien on July 10 attended a meeting with their counterparts from China’s Yunnan province to discuss transport cooperation between the two sides.

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