The UK’s trade deficit with the EU hit a record high of £32.9bn in the last quarter of 2023, according to Office for National Statistics (ONS) data released on Friday (13 February).

Facing labour cost increases and a low localisation rate, some Japanese textile companies are thinking about cutting production in Vietnam.

US-China trade in goods hit a new record in 2022, despite increasingly tense bilateral relations.

Orders for fruits and vegetables have outnumbered those for other agricultural products so far this year, signalling a bright outlook in the time to come.

The strong growth in automobile sales and the increase of locally-assembled auto models are a lever to further promote Vietnam's auto industry, helping it gradually engage in supply chains of leading automobile manufacturers.

The agricultural sector targets attracting 25 billion USD in foreign direct investment (FDI) by 2030, along with 5 billion USD in loans and 1 billion USD in grants.

The Vietnam Trade Office in India opened a booth at the 25th International Engineering & Technology Fair (IETF 2023) aimed at introducing Vietnamese industry and technology.

The central province of Quang Tri shipped its first batch of 15 tons of organic rice at a price of US$1,800 per ton to the European Union (EU) on February 13.

Opportunities also go with challenges if businesses wish to effectively exploit this vast market.

Finance Minister Ho Duc Phoc expressed hope that European businesses support and effectively invest in green economic development in Vietnam.