Việt Nam is now importing meat and meat products from 37 markets. Among them, India is the largest supplier, accounting for 29.53% of the total meat and meat product imports.

Investment in technology, market access and premium production would help local companies expand added value and sustainable growth.

Việt Nam’s wood industry, in addition to meet stringent requirements in terms of origin, environmental and social responsibility, also needs to focus on diversifying export markets and developing uniquely designed products to thrive in the long run, a forum heard in HCM City.

Việt Nam and China emphasised the critical role of a strong legal framework for ensuring stable and sustainable development of the commodity market.

Vietnamese Prime Minister Pham Minh Chinh’s official visit to Australia is expected to create new momentum for the bilateral relations, including their trade ties.

The foreign direct investment (FDI) sector retained its role as an export pillar of the nation’s economy with revenue of US$43.2 billion recorded in the initial two months of this year, up 14.7%, accounting for 72.8% of the country’s total export value.

With orders secured for the second quarter, activities are in full swing in many leather and footwear production plants, bringing about the hope for a year of buoyant exports.

Việt Nam exported 35,000 tonnes of peppercorn worth US$143 million in the first two months of 2024, down 12.3% in volume but up 12.9% in value, reported the Ministry of Agriculture and Rural Development (MARD).