Although Vietnam is hoping for stunning growth in seafood exports, particularly in the likes of basa fish and shrimp, the nation’s share in the EU market and utilisation of its trade deal with the bloc remain under some pressures.
 

Though the first batch of fresh durians officially exported to China received a warm welcome from local consumers, both sides need to outline measures to boost sustainable export of the fruit since it is currently selling for a lower price than those from Thailand and Malaysia.

The commerce ministry has recommended imposition of anti-dumping duty on Chinese steel tubes and pipes for five years to guard domestic players from cheap imports from the neighbouring country.

Meeting the EU's Sanitary and Phytosanitary Standards (SPS) remains a challenge for Vietnamese food exporters as the country seeks greater integration in the global food supply, said industry experts and policymakers. 

Vietnam raked in approximately US$77 billion from the export of phones, components and computers, electronic products and spare parts during the past eight months of the year, according to the Ministry of Industry and Trade.

Soaring inflation, rising production costs and fluctuation in exchange rates have caused great difficulties for production and import-export activities, and will linger on to the rest of the year, prompting the Ministry of Industry and Trade (MoIT) to give timely responding measures to maintain export growth.

The Vietnam - UK Free Trade Agreement (UKVFTA) has substantially assisted Vietnam’s coffee sector to expand its market share in the UK, according to the Foreign Trade Agency under the Ministry of Industry and Trade (MoIT).

Vietnam estimates a trade surplus of 6.52 billion USD in the first nine months of this year.