Durian officially exported to China, and pomelos officially exported to the US are outstanding good news for the agricultural product industry.

The WTO’s 28th Trade Monitoring Report on global trade measures, launched yesterday (14 November), shows there has been an increase in trade restrictions among the G20 for the reporting period May to October 2022.

As the world fixes its gaze on the G20 Summit in Indonesia, a broad consensus has emerged that major economies like China and EU need to work together towards economic cooperation so as to facilitate global economic recovery.

A business matching event was held in Ho Chi Minh City on November 15 to help Vietnamese enterprises seek partners and opportunities for export to Japan.

Japan’s economy unexpectedly shrank for the first time in a year in the third quarter, stoking further uncertainty about the outlook as global recession risks, a weak yen and higher import costs took a toll on household consumption and businesses.

The CEO of Samsung Electronics met with Vietnamese Prime Minister Pham Minh Chinh and announced a US$850 million investment to manufacture semiconductor components in Thai Nguyen province on 5 August 2022.

Vietnamese enterprises are making relatively good use of the EU-Vietnam Free Trade Agreement (EVFTA), a recent survey revealed.

Vietnam and Hong Kong (China) have enjoyed fruitful trade and investment partnership despite impacts of the COVID-19 pandemic.

South Korea is facing a complex balancing act as it finds itself positioned in the middle of an intensifying tech war between the United States and its biggest semiconductor chip trading partner China.

“We’ve chosen Vietnam for good reason. There are over $2 billion worth of trade opportunities already for New Zealand in Vietnam and it’s an area of considerable opportunity.”