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China spent 805 million USD on importing vegetables and fruits from Vietnam in the first four months of 2023, up 29% year-on-year, according to the Vietnam Fruit and Vegetables Association (Vinafruit).
MoreThough the UK is set to officially join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) later this year, it may not reap big benefits as desired, due to several agricultural and environmental reasons, besides its existing trade pacts with many of the CPTPP’s economies, including Vietnam.
Moren the first 5 months of this year, Vietnam's exports faced many difficulties, with revenue of many key products decreasing. But thanks to the rebound of rice and vegetables, exports were higher in May. Vietnam posted a trade surplus of almost 10 billion USD in the reviewed period. Inflation in some markets dropped, while the import demand increased.
MoreA Vietnam-Australia business promotion forum was held in Sydney on June 27 to help Vietnamese enterprises know more about the Australian market and connect them with businesses in this Oceania country.
MoreAccording to experts, as Vietnamese businesses increasingly participate in the global value chain, requirements for sustainable development become stricter in terms of the environment and green growth, work culture, and employee conduct.
MoreChina is willing to work with all ASEAN members to jointly upgrade the level of openness and cooperation in Version 3.0 of the China-ASEAN Free Trade Area (FTA), Vice Commerce Minister Wang Shouwen said on Sunday.
MoreContrary to the gloomy export picture of many industries, some agricultural products broke records in 5 months, in which, the total export value of vegetables and fruits reached 1.97 billion USD, an increase of 39% over the same period last year. This is also an industry that is forecast to surpass $4 billion this year.
MoreVietnamese lawmakers on Saturday approved a government plan to extend a reduction in value added tax (VAT) on goods and services until the end of this year to boost domestic consumption and production, as its export-driven economy faces headwinds from slowing global demand.
MoreVietnamese food processing enterprises are reportedly looking for investors as a result of broad economic challenges. In this article, we run through what EU and Vietnamese firms should know about working with each other.
MoreDeputy Prime Minister Le Minh Khai on June 22 said that economic cooperation has continued to be a bright spot in relations between Vietnam and the Republic of Korea (RoK), which is once again proved by a large number of Korean businesses that are visiting the country, attending a business forum and signing cooperation agreements during the State visit to Vietnam by President Yoon Suk Yeol.
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