Wood pellets and wood chips are a bright spot in the shipment of forestry products, said head of the Wood Chip Section under the Vietnam Timber and Forest Product Association (Viforest) Thang Van Thong.

Accessing this bloc market via an FTA will create a significant boost for Vietnamese export goods to them

There are only few days left before the European Commission (EC)’s fourth on-site inspection in Vietnam over the fight against illegal, unreported, and unregulated (IUU) fishing.

Nearly five years after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) came into effect, the quantity and value of exports have increased, but Vietnamese-branded goods exported to this market remain quite modest. Many Vietnamese exported products to the CPTPP market still bear foreign brands.

Experts have recommended the acceleration of green transformation for businesses to help them avoid being excluded from the value chains as green consumption is becoming a trend and a widespread requirement across all segments and markets.

To add value to exported agricultural products, there needs to be synchronous solutions to support agricultural businesses in digitalizing production and processing to meet market requirements.

The inspection team of the European Commission (EC) will delegate to Vietnam for the fourth inspection on combating illegal, unreported and unregulated (IUU) fishing in October 2023. Agencies are trying to complete the steps to soon have the yellow card removed.

Japan is a market with a large demand for imported agricultural, forestry and fishery products. This is also a potential market for Vietnamese agricultural products to expand in the coming time.

The national economy still faces many challenges both at home and abroad, requiring greater efforts to achieve economic growth targets for 2023, said Deputy Minister of Planning and Investment Tran Quoc Phuong.

Many agricultural products such as rice, coffee, cashew and durian have set their own records in export revenue, contributing to brightening the picture of Vietnam’s exports for this year.