With many synchronous solutions, the decline in exports has increasingly narrowed in the second half of 2023, and the trade balance continues to maintain a surplus. These are also optimistic signs for 2024. Although the forecast is difficult, the baptism by fire in past year is expected to create a foundation for exports to make a breakthrough.

Extending economic policies, finding fresh directions for exports, and promoting domestic consumption are the solutions that exist for the nation to overcome "headwinds", according to information given by economic experts.

European businesses operating in Vietnam are displaying resilience, evident in the Business Confidence Index (BCI) released by the European Chamber of Commerce in Vietnam (EuroCham) on Monday.

Since the Regional Comprehensive Economic Partnership (RCEP) took effect two years ago, it has heated up trade between China and Vietnam, with a total of 382 cross-border freight trains having been launched from China's Guangxi to Vietnam as of December 31, 2023.

The website Bloomberg.com of the US on January 8 cited analysts' opinions, saying that the State Bank of Vietnam (SBV), among the first in Asia to lower borrowing costs in 2023, willl likely keep its benchmark interest rate steady through next year as it tackles economic growth and inflation concerns.

On Christmas Day China introduced tariff waivers on most goods coming from Angola, the Democratic Republic of Congo (DRC), The Gambia, Mali, Madagascar and Mauritania, which will no longer have tariffs slapped on them when entering the Chinese market.

An article by the business and financial news site CNBC has named Vietnam among Asia-Pacific’s three top-performing markets in the first half of this year, besides India and Japan.

Vietnam has exported bird’s nests to China by air for the first time, which once again reflects opportunities for the bird’s nest industry to develop sustainably, especially after a protocol on bird’s nest export to China was signed.

Vietnam should consider creating a national carbon credit exchange as it moves toward developing a low-carbon economy and proactively coping with climate change, a financial official told a meeting on Monday.

With the Philippines expected to import between 3.5 million and four million tonnes of rice this year, there are bright prospects ahead for Vietnamese rice exports to the market, according to Phung Van Thanh, Vietnamese Trade Counselor in the Philippines.