Vietnam’s seafood exports have been slowing down since July as inflation takes a toll on consumption in the U.S., E.U. and U.K.

According to the Vietnam Chamber of Commerce and Industry, Vietnam has joined 15 free trade agreements (FTAs), including high-quality pacts such as the CPTPP and the EVFTA, covering many major economies in the world.

The trend of international economic integration has been opening up many trade opportunities for the Vietnamese business community. However, there are also many scams that cause local firms to suffer heavy losses.

US companies will need an export licence to sell to seven Chinese state-affiliated firms in the aerospace and chips sector after Washington blacklisted them on Wednesday (24/8) for supporting China’s efforts to modernise its military.

As reflected by businesses to Government leaders, rising costs are hitting the speed of recovery and growth in the last months of the year.

After being affected by the COVID-19 epidemic and fluctuations in inflation, the demand and trends of seafood consumption in many markets have changed, necessitating that Vietnamese seafood enterprises must adapt to these market trends, experts said.

Vietnamese exporters need to be well prepared for any risks from protectionist trade measures from Australia against Vietnamese goods, such as anti-dumping and anti-subsidy policies, mostly in steel products, experts said.

Justin Trudeau says natural gas exports costly and logistically difficult, but Canada will boost global energy supplies amid war in Ukraine.

The Fourth Industrial Revolution has had a profound impact on the way we trade. Digital payments, data flows and digital services have grown rapidly, and emerging technologies such as blockchain, AI and 3D printing could further alter the trade landscape in years to come.

In pursuit of accelerating large-scale trade and business development, a number of African countries have been chosen to begin exchanging goods and services under the new African Continental Free Trade Area (AfCFTA). The continental free trade is planned to operate within the framework of the African Union Agenda 2063.