On the journey to reduce net emissions to zero by 2050, Việt Nam aims to reduce methane emissions by 30 per cent by 2030 compared to 2020.

A meeting took place in the Mekong Delta province of Trà Vinh on April 25 to introduce the project “Smart Agro-ecological Transformation of Farming Systems towards Resilience and Sustainability in Middle and Coastal Zones of the Vietnam Mekong Delta (STAR-FARM)”.

China on Friday passed a law leaving its biggest trade partners in no doubt that it can hit back should they put tariffs on the exports of the world's No.2 economy as Washington and Brussels take aim at Beijing over excess industrial capacity.

Vietnam jumped one place to become the fifth largest exporter of aquatic products to Singapore for the first time in the first quarter of this year, according to its Trade Office in the city state.

Vietnam's economy is showing mixed signs of recovery in early 2024, with growth forecast to reach 5.5% in 2024 and gradually rise to 6.0% by 2025, according to the latest World Bank Taking Stock bi-annual economic update released on April 23.

With a strong commitment to environmental stewardship and sustainable development, the European Union (EU) is taking daring strides to reform global agricultural trade practices. Leveraging its substantial influence in the trade arena, the EU plans to promote sustainability throughout its supply chains, mainly focusing on critical imports such as soybeans, palm oil, coffee, and cocoa.

Exporters should further strengthen trade connections and improve the quality of their goods to sustain export growth to China as this is no longer a "lenient" market, said insiders.

The Business Confidence Index (BCI) according to a survey by the European Business Association in Vietnam (EuroCham) reached 52.8 in the first quarter of 2024 - the highest level since 2022, showing increasing confidence in Vietnam's European business community.

For Asian regions, FTAs are game changers for expanding trade liberalisation through managing the global supply chain and cost burden for import-export. Apart from relaxing tariffs, it offers viable solutions to resolve behind-the-border barriers like temporary trade restrictions, goods shortages, and port closures. So, leveraging Free Trade Agreements FTAs across Asian boundaries ensures the smooth distribution of goods and services and attracts global investments.

The price of coffee continues increasing from October 2023 while paradoxically, high prices cause the Vietnamese coffee industry to face many difficulties and challenges.