Vietnam is finalising procedures to get allowance to export longan to Japan – one of the world’s choosiest markets.

A combination of geopolitical tensions and higher costs are pushing large firms to look for alternative production sites. Vietnam's strong economic performance in recent years has drawn the attention of European firms.

The US Department of Commerce (DOC) has launched an anti-circumvention and anti-subsidy investigation into wooden cabinets imported from Vietnam and Malaysia, according to the Trade Remedies Authority of Vietnam (TRAV).

The WTO’s rules literally protect the invented “trade” rights of billionaires to become multi-billionaires over the human rights of the poor to have access to life-saving drugs. It is an indisputable testament to the WTO’s fundamental brokenness that these rules remained in force throughout the pandemic.

Pepper exports since the beginning of the year have recorded a sharp increase compared to the same period last year. However, it is forecast that pepper exports in the near future will face difficulties as China continues the "Zero Covid" policy, and sea freight costs continue to stay at a high level.

China is one of the leading five consumers of Vietnamese wood and wood products, with its imports accounting for between 10% - 12% of Vietnam’s total wood export value, according to wood processors and Forest Trends.

Economic cooperation between Vietnam and Oman is considered a solid pillar in bilateral relations, with two-way trade turnover in 2021 reaching US$338.1 million, an increase of 100% compared to 2020.

Vietnam’s economy glimmers with bright prospects but faces new challenges, given the fact that the COVID-19 pandemic has yet to end and global political and economic shocks continue.

India's surprise decision to ban wheat exports has raised concerns about potential curbs on rice exports as well, prompting rice traders to step up purchases and place atypical orders for longer-dated deliveries.

The Regional Comprehensive Economic Partnership (RCEP) — the world’s largest trade deal — came into effect in early 2022. Its 15 member countries account for 30 per cent of the world’s population, 29 per cent of global GDP, 27 percent of global trade and 29 per cent of global foreign direct investment.