Division Chief of the IMF’s Fiscal Affairs Department, Paulo Medas led an IMF team to Vietnam from June 14-29 to hold discussions for the 2023 Article IV consultation with the country.

A new European law that imposes the first ever carbon border tax in the world comes into force in October 2023. It will be applied gradually over the next three years before it is fully implemented.

President of the National Council of Switzerland Martin Candinas expressed his wish that the Free Trade Agreement (FTA) between Việt Nam and European Free Trade Association States (including Norway, Switzerland, Iceland, and Liechtenstein) will soon be signed, during his talks with Prime Minister Phạm Minh Chính on Friday in Hà Nội.

Investment from the Republic of Korea (RoK) in Vietnam is expected to accelerate in the near future, including many large-scale projects worth up to billions of US dollars as a series of memorandums of understanding (MoUs) on cooperation between the two countries' ministries, sectors, and businesses was signed at the Vietnam - RoK Business Forum

As Vietnam’s logistics performance index (LPI) in 2023 decreased, economists fretted that it would cause difficulties for the export activities of enterprises in the context of a strong green trend globally.

Vietnam's tuna exports in May 2023 continued to decrease by 26% over the same period in 2022, reaching nearly $70 million. Therefore, in the first 5 months of the year, tuna exports still decreased by 31% compared to the same period last year, reaching more than 317 million USD.

Underlying inflation cooled in the US and quickened in Europe, according to the latest readings, while central bankers in both regions signaled they’re prepared to raise interest rates further.

Several measures have been recommended to help Vietnamese exporters cope with dwindling demand in many markets around the world.

Despite instability in the banking system and the constant periodic raising of interest rates, Vietnam still emerged with an impressive GDP growth rate in 2022 and a positive forecast for 2023.

Though green logistics is currently a global trend and will become a requirement of the international food industry supply chain, Việt Nam currently faces many challenges to meet the standard.