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Alongside efforts to enhance trade promotion in various markets and boost exports, China has been identified as a key market for trade promotion in 2024.

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The current legal system does not have specific regulations on identifying key industries as well as specific policies to promote the development of these industries.

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Việt Nam’s exports have been on a path of recovery since the beginning of the year. According to a report from the General Statistics Office (GSO), the total export turnover of goods in the first two months of 2024 reached US$59.34 billion, a 19.2 per cent increase compared to the same period last year.

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Although Việt Nam holds huge potential to boost rice export in 2024 as the world is forecast to face a shortage of about five million tonnes of the grain, limitations in linkage chain must be tackled for the industry to move forward.

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India has tied in investment obligations to the tariff concessions provided in the Trade and Economic Partnership Agreement (TEPA) between India and the EFTA. New Delhi has negotiated tariff reductions on several tariff lines, barring sensitive goods like dairy, soya, coal, and certain agricultural products. Besides technology transfers, the government anticipates US$100 billion in investments from EFTA nations, which could create 1 million direct jobs in India, over the next 15 years.

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There remains ample room for the cooperation between Vietnam and Nordic countries as they have advantages to support and complement each other in many fields.

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Vietnam has remained the world's second largest smartphone exporter.

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Việt Nam’s export of services reached $20 billion in 2023 with an average annual growth rate of 11 per cent, higher than the country’s gross domestic growth rate.

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As Việt Nam is a core part of Canada’s Indo-Pacific Strategy, both countries boast numerous opportunities for trade development when the Southeast Asian country becomes the largest trading partner of Canada in the region, a Canadian official has said.

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Vietnam and New Zealand signed a cooperation agreement to utilise electronic certificates in the veterinary field for the 2024-2026 period, witnessed by Vietnamese Minister of Agriculture and Rural Development Le Minh Hoan and New Zealand Minister of Agriculture Todd McClay on March 11.

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