Vietnam has signed free trade agreements (FTA) with more than 60 markets, including major economic partners such as China, the European Union (EU), the Republic of Korea, Japan, the UK and Russia.

Vietnamese coffee exports in the 2023 to 2024 crop year are anticipated to reach between US$4.5 billion and US$5 billion thanks to continued coffee export prices in the global market, according to industry insiders.

Domestic firms should transform to adapt to the green and sustainable development requirements of the EU to further enter the supply chain in this market, heard a recent trade forum.

The Department of Trade and Industry (DTI) has initiated an investigation into  the application of anti-dumping duties on gypsum board imports for Thailand.

In 2024, textile and garment enterprises will have more "light" due to the shift of orders in the international mark

In the last months of 2023, it is forecast that the export market for wood and forest products will still have many difficulties due to the negative impact of the world’s geopolitical situation.

While Việt Nam has admittedly gained momentum in agricultural exports in recent years, which rose to a record US$53.22 billion in 2022, many of its food processing companies have reportedly lost out to competitors due to their slow implementation of sustainability commitments.

Việt Nam’s coffee export volume in the 2023-24 season is likely to be lower than a year ealier due to a drop in output, no carry-over stock and growing local demand, and export prices will remain high, according to the Việt Nam Coffee and Cocoa Association.