In January 2023, the United States is Vietnam's largest export market with an estimated turnover of 7.6 billion USD. China is Vietnam's largest import market with an estimated turnover of 8.1 billion USD.
From September 13-15, 2023 in Ho Chi Minh City, the Ministry of Industry and Trade presides over the organization of a series of events connecting the international goods supply chain.
The Vietnam-UK Free Trade Agreement (UKVFTA), along with the UK's participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), has been creating more competitive advantages for products. of Vietnam, including agricultural products and food, compared to similar products from other countries such as China and...
After nearly 3 years of the EVFTA Agreement taking effect, experts see that EVFTA brings an opportunity to open the market to create economic development for Vietnam with a positive impact of the agreement on the economic sector. In particular, the EVFTA Agreement has brought many great incentives among the free trade agreements that Vietnam has...
Foreign distributors and retailers are making lists to buy food, textiles, footwear, backpacks, handbags, furniture... from 300 Vietnamese suppliers in the event "Connecting the international supply chain of goods” (Vietnam International Sourcing 2023).
Large importers and foreign retail distribution systems will send representatives to participate in the international supply chain connection event organized by the Ministry of Industry and Trade to search and purchase a variety of products from Vietnamese suppliers.
A series of hypermarkets and foreign retail distributors are making shopping lists for food, textiles, shoes, backpacks, handbags, sports and outdoor goods, household appliances and furniture…from Vietnamese suppliers at the event "Viet Nam International Sourcing 2023".
On 27 January 2023, the European Commission published in the official gazette Regulation (EU) 2023⁄174, issued on 26/01/2023, amending Regulation (EU) 2019⁄1793 for provisional application Official and emergency control measures of certain foods imported into the EU.
Reduced demand for apparel products in the global market has caused global textile and apparel supply chains to suffer. Vietnam's textile and garment industry is no exception, orders are decreasing, competition with competitors is increasing, the "falling point" is forecast to continue, requiring businesses to proactively overcome challenges...