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Many of Vietnam's main tuna export markets have not yet recovered and businesses are shifting to exploit small markets.

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In its East Asia and the Pacific Economic Update for April 2023, titled "Reviving Growth," the World Bank forecast that the projected slowdown in growth in advanced economies may be largely offset by signs of revival in China's economy.

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According to statistics of Vietnam Customs, Germany is one of the few markets of Vietnamese tuna that can maintain a good growth momentum in the first two months of 2023. Tuna export turnover to this market continuously increased in the first 2 months of the year, reaching more than 5 million USD, up 47% over the same period in 2022. This has helped Germany become the 3rd largest single tuna import market of Vietnam in this period.

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Minister of Industry and Trade Nguyen Hong Dien and Minister of Energy and Infrastructure of the United Arab Emirates (UAE) Suhail bin Mohammed Al Mazrouei

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The British Ambassador to Việt Nam Iain Frew spoke to Việt Nam News about the UK's trade opening and its impact on Việt Nam-UK trade relation.

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he Southeast Asian economy's export picked up in March, reaching US$29.57 billion, a 13.5 per cent increase from February. Total exports during the first three months of the year dropped by 14.8 per cent compared to last year.

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World trade growth is expected to slow this year, dampened by the war in Ukraine, inflation, tighter monetary policies, and financial uncertainty, according to WTO projections released on Wednesday.

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Thailand, Vietnam, India and Cambodia have emerged as early winners in 2023 from moves by the United States to secure its semiconductor supply chain.

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The garment industry has been struggling to deal with a serious shortage of export orders over the past few months, and the challenging period is forecast to last for several months more.

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The circular economy model is becoming the goal of enterprises. Depending on the size, level and field of operation, each enterprise has its own approaches to contribute to the common goal of bringing Vietnam's net emissions to zero by 2050.

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