London hosts annual round of trade talks expected to focus on telecommunications, semiconductor technology, green energy, and electric vehicles

Vietnam is now a thriving regional hub with ample scope for further rapid development, assessed an article recently published on the UK news site of financial analysis moneyweek.com.

The US Department of Commerce (DOC) has launched an anti-dumping investigation on aluminum extrusions and products made from aluminum from 15 countries, including Vietnam.

Emily Hamblin, the British consul general in HCM City, said the United Kingdom – Vietnam Free Trade Agreement (UKVFTA) has ushered in a new era of collaboration, fostering economic growth and unlocking numerous opportunities.

In July 2023, the UK signed an Accession Protocol with the CPTPP parties, making it the first new member to join since the establishment of the bloc. This accession into the CPTPP puts the UK in an advantageous position with a dynamic group of countries.

Decreased revenue and profits are commonly reported in the Q3 business results of export-oriented companies as key markets have yet to rebound. With the prospects of recovery in these markets still slow, many companies have adjusted down their production and business targets set at the beginning of the year.

Experts have been exploring various solutions to restore the competitiveness of Vietnamese shrimp exports, as reduced demand and higher requirements in terms of transparency and environment safety have had a significant impact on the sector since early this year.

The sixth meeting of the Vietnam - Japan Joint Committee for industrial, trade and energy cooperation took place in Hanoi on November 3.

In the last 2 consecutive months (August and September), export turnover reached more than USD 30 billion/month, higher than the average in the first 9 months of the year. If the fourth quarter of 2023 maintains the level of USD 30 billion/month, the country's exports this year could reach about USD 350 billion.

The export turnover in October is expected to reach 32.3 billion USD, up 5.3 month-on-month, showing a positive signal given the 6.3% decrease recorded in the previous month.