In last six months, the outlook for aquatic exports to EU may be more positive after the European Union – Vietnam Free Trade Agreement (EVFTA) was signed.
As China is a lucrative market for Vietnamese exporters, meeting its import standards is important for the Southeast Asian country to capture larger market share, according to the insiders.
South Korea's finance minister on Monday pressed Japan to withdraw its export restrictions on key semiconductor materials as the Japanese move could have a negative impact on the global economy.
Chung Hung Steel Corp (中鴻鋼鐵), which makes steel coils and pipes, said that US levies of up to 456 percent on steel imports from Vietnam have had a limited effect on the company and Vietnam would remain its largest overseas market this year.