Since the first batch of Vietnam’s Ri6 durian was officially exported to the UK in May, TT Meridian Company has regularly imported 3-4 tons of this specialty fruit every week, which shows that it is well received by consumers in this market.

Vietnam’s rice exports witnessed decent growth in the first five months of 2023 in both established and new markets. It is forecast that rice export will continue growing in the coming months thanks to strong demand while global inventories have fallen to record lows.

Vietnam and the Republic of Korea (RoK) have become top important partners of each other in various fields, with economic, trade and investment cooperation serving as both pillar and primary driver of their increasingly growing relationship, said Vietnamese Minister of Industry and Trade Nguyen Hong Dien.

In mid-May 2023, the European Commission issued regulations on the establishment of a Carbon Border Adjustment Mechanism (CBAM) in the EU, requiring businesses to adapt so as not to lose their competitive advantage.

Vietnamese export activities are expected to rebound in the second half of the year, provided that businesses swiftly interpret market signals and seize upon export opportunities.

Online exports are seen as a “launchpad” that helps businesses maintain sustainable revenue and increase exports in the context of rising inflation and consumers tightening their spending, according to insiders.

The Ministry of Finance has just issued Circular 33/2023/TT-BTC regulating the determination of origin of exported and imported goods. Circular 33 takes effect from July 15 and replaces circulars No. 38/2018/TT-BTC, 62/2019/TT-BTC, 47/2020/TT-BTC, and 07/2021/TT-BTC.

Ann Marie Murphy is professor and director of the Center for Foreign Policy Studies at Seton Hall University. This piece was written for Perry World House's 2023 workshop "Economic Security and the Future of the Global Order in the Indo-Pacific."

Official data shows that from January to April this year, the total import and export volume between China and members of the Regional Comprehensive Economic Partnership (RCEP) hit 4.12 trillion yuan (about $576.06 billion), up 7.3 percent year on year, accounting for 30.9 percent of China's total foreign trade import and export volume.

Vietnamese instant noodle products imported into the European Union (EU) market will not require certificates of food safety inspection issued by Việt Nam’s authorised agencies from June 27.