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At the end of last week, the export price of Việt Nam's five-per cent broken rice was trading at $513 per tonne.

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When the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has the UK as a new member, more cooperation opportunities will open up for Vietnam and the European country, according to insiders.

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In a recently published report, HSBC Vietnam posits that the recurring El Niño, after an absence of three years, could heighten the threat of droughts, water scarcities, and potential disruptions in trade across the ASEAN region.

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Vietnamese exports to the British market will have to face off with robust rivals from other CPTPP nations.

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India, which provides 40 percent of global rice exports, is considering prohibiting the sale of rice abroad. The move may affect the global market and lead to an increase in Vietnam’s rice exports.

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Expert views on the revised draft Law on Special Consumption Tax (SCT) were expressed by Mr. Nguyen Van Phung, Senior Expert on Taxation and Corporate Governance.

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Supply chains of timber, wood products, coffee, and rubber of many countries will encounter many challenges in meeting the EU Deforestation Regulation (EUDR). However, this is also a great opportunity for Vietnam to expand export markets if it is well prepared to satisfy the new rules.

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It’s a big challenge for the economy to reach this year’s GDP growth target of 6.5%, and economic expansion is hoped to be boosted by some important demand factors in the second half of 2023, experts have said.

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According to Reuters, on July 18, the two-day meeting of G20 economic and finance ministers in India officially ended. During his presidency, New Delhi looks forward to being able to reach consensus on reforming multilateral banking, creating global regulation of cryptocurrencies, and addressing the debt situation of developing countries. . However, the Ukraine issue still exerts a great influence on the global diplomatic situation.

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The Embassy of the Netherlands and the United Nations Development Programme (UNDP) have signed to launch their Accelerate Circular Economy for Business (ACE-Biz) project serving a shared commitment to pushing the acceleration of the circular economy in Vietnam’s private sector.

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