Through the case of the 76 containers of cashew nuts falling into problems in Italy last year and five containers of peppercorns, cashews, cinnamon and star anise in the UAE this year, it can be seen that the delivery of documents to an unauthorised person at the buyer's bank is a loophole in the international trade activities, said Tran Thanh Hai, Vice Director of the Import-Export Department under the Ministry of Industry and Trade.

According to statistics of Vietnam Customs, by the end of June 2023, Vietnam's pangasius exports to China and the US reached 281 million USD, down 34% compared to the same period last year.

Negotiations for the third iteration of the China–ASEAN Free Trade Agreement continued beyond June 2023. Of the three issues highlighted by Chinese Deputy Commerce Minister Wang Shouwen, green economy and supply chain management are of compelling importance. They offer major opportunities for liberalising trade in environmental goods and services and in further strengthening ASEAN’s vital linkages in its value chain with China.

In the face of prevailing economic challenges, digital transformation emerges as a critical driver for businesses. Alexander Evchenko, CEO of 1C Vietnam, talked to VIR’s Linh Le about the common challenges encountered by Vietnamese businesses during their digital transformation journey and the effective strategies to surmount them.

The Ministry of Agriculture and Rural Development (MARD) has asked localities to take strong measures to fight against illegal, unreported, and unregulated (IUU) fishing and prepare for the visit by the European Commission’s inspection team in October to assess Vietnam’s progress in combating IUU fishing.

The Vietnam - Australia Digital Forum 2023 was held in Sydney, the Australian state of New South Wales (NSW), on August 4 to promote the cooperation in information and communication technology as well as the digital field between the two countries.c

Last month the UK formally joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) – the Asia-Pacific trade bloc worth around 12tn pounds (US$15tn) in GDP and including Chile, Peru and Mexico.

Recently, Mr. Paulo Medas – Head of Delegation in charge of Vietnam at the International Monetary Fund (IMF) said that Vietnam is performing better than most countries in the world, forecasting the economy of the country. Vietnam will recover in the second half of 2023 after exports start to recover and the government’s supportive policies come into play.

What does the EU's carbon emission pricing rules and border tax mean for importers and exporters and their global trade professionals?

The shift towards green textile and garment production chains is necessary for local firms to achieve sustainable development goals and counter the gradual loss of Việt Nam's cost advantage. It is a golden time for the sector to switch to sustainability, experts said.