Việt Nam’s trade with the Philippines has reached an impressive milestone, with turnover exceeding US$8.6 billion in 2024, up 11 per cent year-on-year, according to the Ministry of Industry and Trade’s Agency of Foreign Trade.
One Việtnamese durian exporter said that it''s 170 tonnes of produce could be not cleared at custom gates, because China applies the strict inspection of BY2 that is believed to be used to enhance the yellow colour of durian fruit.
Việt Nam’s rice exports to Singapore recorded significant growth in 2024, cementing Vietnam’s position as the third-largest rice supplier of the city state.
Vietnamese exporters have proactively diversified their markets from the start of the year to mitigate risks as they may soon face significant tax hikes globally, said industry insiders and experts.
The Ministry of Industry and Trade of Việt Nam and the United States Trade Representative on January 17 signed a bilateral agreement in Washington, DC resolving an anti-dumping dispute over Vietnamese pangasius fillets.
The IPC forecasts that global pepper production in 2025 will continue to decline, due in part to the lower economic efficiency of pepper compared to other crops, leading many farmers to no longer choose pepper as a primary crop.
2024 was the sixth consecutive year that Việt Nam recorded growth in rice exports, however this growth is forecast to be difficult to maintain this year.
The Plant Protection Department has urged local authorities and relevant agencies to strengthen the inspection and monitoring of durian cultivation areas and export packing facilities following a warning from China.
These four digital e-commerce platforms have operated in Việt Nam for years but have failed to register for tax purposes via the tax authority''s electronic portal.
