Phạm Thị Ngọc Thủy, Director of the Office of the Research and Development Department of the Private Economy described the diversification of export markets as a matter of survival for businesses in the current context.
Since the EU-Vietnam Free Trade Agreement (EVFTA) took effect in August 2020, most commitments in the agreement have been implemented and left positive impacts on business activities, especially trade, said Do Viet Ha of the Trade Office of the Vietnamese Embassy in Germany.
The Vietnam Trade Office in Canada has warned Vietnamese businesses about export scams by some individuals misrepresenting themselves as major Canadian companies.
Vietnam’s farming export revenue in July was estimated at 4.62 billion USD, up 5% from last year, according to the Ministry of Agriculture and Rural Development (MARD).
In recent days, rice prices have increased significantly, which is a good sign. In addition, the ban on rice exports in several countries has also posed many opportunities and challenges for Vietnamese rice.
Vietnam has no immediate plans to restrict its rice exports, a senior official of the country's food association said on Monday (Jul 31), after India's export curbs sparked worries about global supplies of the staple.