According to experts, in recent times, the moderate depreciation of VND compared to USD will help promote export activities and increase the competitiveness of Vietnamese exports.

The two countries need to facilitate trade for each other, jointly attract capital and technology to develop new industrial supply chains with high added value.

Foreign consumers would spend more at the end of the year despite economic difficulties. Therefore, the cashew industry expected exports to increase even more strongly in the last months of the year.

Since the third year of the EVFTA implementation roadmap, the advantages have been somewhat affected, because the EU is applying more high standards, increasing quality requirements, especially in the fields of environment and development. sustainable development... with imported goods.

Demand for goods exports weakens on the back of higher inflation, rate rises and spending on services

In early September, the US Department of Commerce (DOC) lowered anti-dumping duties on frozen tra fish filet from Vietnam following its latest preliminary conclusion.

The EU-Việt Nam Free Trade Agreement (EVFTA) includes a chapter dedicated to sustainable development that covers not only environmental but also labour-related issues, said an official of the Ministry of Industry and Trade.

A consortium of 80 nations, comprising India, China, and South Africa among others, has embarked on a mission to establish connections with Arab nations and the least-developed countries. Their objective is to advocate for developed economies to place a higher emphasis on ensuring food security for the developing world.

Rice prices in Asia edged lower after rallying to the highest level in almost 15 years last week as major buyers seek to build domestic stockpiles amid persistent concerns over global supplies.

The localization rate of supporting industry products has improved significantly in recent times. However, supporting industrial enterprises are still in the very low value-added segment of the supply chain.