The Vietnamese Business Association and the Vietnamese Embassy in Indonesia jointly organised a business forum in Jakarta on June 20,

A programme to promote Vietnamese lychees to Thai consumers was opened at Centralworld commercial centre in Bangkok, Thailand on June 21.

This is also a record high compared to the same period in previous years.

The FTAs have opened up many doors for Vietnamese products to enter potential markets, including many demanding markets with high requirements and standards.

With Vietnam being the fifth largest rice producer in the world, there are bright prospects ahead for the development of the local agricultural industry towards an ecological and circular model, according to industry insiders.

The fragile recovery of global trade amid geopolitical tensions and rising protectionism intensifies the need for World Trade Organization (WTO) reform and mutual rules for international trade. Comprehensive reform, digital regulation, policy coherence and improvements to supply chain resilience need to be achieved through public–private collaboration. There is an urgent need to reform the WTO to address 21st-century challenges, particularly through digital trade facilitation and supporting developing economies in fulfilling their trade commitments.

Export turnover to most major markets and trade partners has seen a strong recovery and high growth rates in the past five months, reaching double digits.

Minister of Foreign Affairs Bui Thanh Son has affirmed that Vietnam always considers the US a partner of strategic importance at a reception for visiting US Assistant Secretary of State for East Asian and Pacific Affairs Daniel J. Kritenbrink.

Vietnam has become the 5th largest tuna exporter on the world tuna export ranking, businesses expect that tuna exports will recover and hit the US$1 billion in 2024.

Data from the General Department of Vietnam Customs show that the Vietnamese-Italian trade value hit US$2.3 billion in the first four months of 2024, a year-on-year increase of 14 percent.