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Vietnam has made progress in combatting illegal, unreported and unregulated (IUU) fishing after five years of being given a yellow card by the European Commission (EU). However, the country still faces outstanding issues that must be resolved quickly.

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Over the past year, the Biden administration's economic and trade policies toward China have not only failed to make an overdue correction to the Trump administration's tariff war, but have also gone further in terms of export control and investment flow restrictions. The Biden administration has escalated its economic war against China to a new level and expanded its crackdown and restrictions from trade to technology, and financial sectors.

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The rate of using preferential tariffs from the UK-Vietnam Free Trade Agreement (UKVFTA) is not low, but there is still room for growth.

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Over the past years, free trade agreements (FTAs) have proved effective in promoting Vietnam’s exports.

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Viet Nam has continuously implemented many solutions to remove the "yellow card" that the European Commission (EC) warned about Vietnamese seafood in the fourth quarter of 2022.

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Foreign experts have dubbed the Vietnamese economy as a miracle in Asia and a bright spot of economic growth in Asia-Pacific as a result of the Vietnamese Government’s sound and effective economic management policies.

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Vietnam’s import-export revenue is likely to hit a record of 728.9 billion USD in 2022, according to the General Department of Vietnam Customs.

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Two years after the world’s largest free trade area became operational with much fanfare on January 1, 2021, the implementation of the single continental market has been delayed for several reasons.

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India should, like the EU, maintain high transparency by publicly articulating its position on critical issues

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In 2022, the export value of forest products is estimated at US $16.5 billion, up 4% compared to 2021, with a trade surplus of about US $13 billion. It is happy with the results achieved, but Deputy Minister of Agriculture and Rural Development Nguyen Quoc Tri shared many signs entering 2023 that the industry will face many difficulties in exporting wood and non-timber forest products.

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