Time: 1/2023 By: Hon Gai Port Border Gate Customs Branch

Free trade agreements (FTA), particularly new-generation deals, are instrumental in the buoyant performance of Vietnam’s export businesses, underpinning the country’s export target of 6 per cent in 2023 despite the global headwinds.

Accordingly, for Việt Nam, spices that were previously controlled at 50 per cent such as coriander, basil, mint, parsley have been removed from the control list.

Despite concerns, the Vietnamese economy rebounded as the country transitioned successfully from ‘zero COVID-19’ to ‘living with COVID-19’, and GDP is reported to have grown by a surprisingly high 8.03 per cent in 2022.

Vietnam is paying attention to mobilising resources to invest in developing green agriculture with an aim to raising the market share of its agricultural exports to the European Union.

The country’s economic performance next year will remain solid despite strong headwinds.

Trade Minister Greg Hands heads to Vietnam, Malaysia and Singapore for high level trade talks and to promote UK's accession to CPTPP.

A resilient eurozone economy managed to grow by 0.1% in the fourth quarter, but this likely masks a contraction in household spending. The worst scenarios for this winter have been avoided, but the economy remains sluggish

With the trend of green consumption, the demand for wood pallets will continue to rise in the future, experts said.

Decoupling with China has put US businesses at a disadvantage and Washington should persue “self-interested coordination” when dealing with Beijing, according to the former US Treasury Secretary Henry Paulson said.