Vietnamese organic farming products are exported to about 180 countries and territories, with an export turnover of $335 million per year.

Several export businesses are facing a severe crunch of orders, especially in textiles, garments, footwear, and furniture.

Vietnamese goods enjoy many advantages in the UK market, but Mr. Nguyen Canh Cuong, Commercial Counselor, Vietnam Trade Office in the UK said that this competitive advantage does not last forever.

Four out of every 10 Vietnamese businesses have gained some benefits, including in import-export, from the Vietnam-EU Free Trade Agreement (EVFTA), according to a survey of VCCI.

Vietnamese exporters must quickly increase their market share in the EU's agricultural import market before the EU signs an FTA with competitors.

The European Commission has concluded negotiations with the Republic of Angola on a Sustainable Investment Facilitation Agreement (SIFA) – the first EU agreement of this kind.

Vietnam lacks the proper tools to select good foreign-invested projects. Appraisal and licensing, as well as management and supervision of investment projects, are still weak.

Many agricultural by-products, which used to take a lot of effort to process and destroy, are now being produced and processed into valuable products and exported to many countries with increasing demand.

Digital transformation is one of the "doors" that open up opportunities to bring domestic goods to the world.

Trade barriers are set to cost the global economy, already beleaguered by stifling inflation levels and growing levels of food insecurity, a further 1.4 trillion.