Viet Nam earned US$ 1.1 billion from exporting plywood in the first 11 months of 2022, securing the fifth place in the world’s top five largest plywood exporters, according to the International Trade Center (ITC).
The US Department of Commerce (DOC) has announced the commencement of an antidumping and countervailing duty investigation on the import of gas-powered pressure washers from Vietnam.
Vietnam’s rice export is forecast to continue reaping successes this year as the world's rice prices remain high at least in the short term as global economic and political uncertainties have resulted in a high demand for rice reserves.
Vietnamese exporters are required to swiftly grasp information in order to adjust production activities in line with market conditions amid global high inflation, along with rising domestic exchange rates and interest rates.
Vietnam’s textile, garment and footwear sectors aim to achieve a total export value of 77-80 billion USD in 2025 and 106-108 billion USD in 2030, according to the strategy for the development of Vietnam’s textile and footwear industry.
The Vietnamese manufacturing sector continued to face challenging business conditions in the opening month of the year amid falling output and a decline in new orders, although there are positive signs ahead.
Vietnamese businesses which want to export medicinal herbs to China must submit information about growing areas and packaging establishments to the provincial Departments of Agriculture and Rural Development.
As one of the main markets for Vietnamese fruit and vegetables, the recovery of exports to China will contribute to boosting Vietnam's fruit and vegetable industry in 2023.