The Vietnam-US supply chain needs to be consolidated to improve its resilience and to maximise profitability for “links” in the chain, said experts at the Vietnam-US Trade Forum themed “Changes – Challenges – Adaptation”.

The EU has today requested the establishment of panels at the World Trade Organization for two of its ongoing trade disputes with China. One concerns the legality of the trade restrictions that China has had in place against Lithuanian exports and EU exports containing Lithuanian content since December 2021.

According to experts, farmers have been facing many risks because they have to depend a lot on imported raw materials, leading to continuously rising prices and costs.

The growth of exports to Vietnam’s key markets is expected to slow down due to pressure from inflation and economic recession.

The US Department of Commerce received a request for an investigation against the circumvention of trade remedy measures regarding imported collated steel staples originating from Vietnam.

Enterprises in the textile, garment and footwear industries are facing difficulties on a variety of fronts, including a reduction in export orders, and the plight is likely to continue until the first half of next year.

Chinese demand for fruit for the lunar new year holiday accounts for up to 50 percent of Vietnam’s total fruit exports. Experts warn that the products may get stuck at border gates.

Vietnam's rubber industry is facing many internal problems that may threaten its sustainable growth in the future when the pressures from the market are increasing day by day.