The European Union – Vietnam Free Trade Agreement (EVFTA) which took effect in August 2020, has created significant positive impacts on Vietnam's exports to France, according to Vu Anh Son, head of the Trade Office of Vietnam in France.

Trade between Vietnam and Egypt sees a promising outlook as the market with a population of over 100 million people is paying more and more attention to Vietnamese agricultural products, said Head of the Trade Office at the Vietnamese Embassy in Egypt Nguyen Duy Hung.

The trend of sustainable consumption, with environmentally friendly products, has received increasing attention in Vietnam and created an influence on the production and distribution system.

The National Agricultural Extension Centre (NAEC) has initiated several organic rice production projects in localities, which are gaining more favour for their clean products, lower production costs, and contributions to land improvement and enhanced grain value.

A Thailand – Vietnam business forum took place in Bangkok on August 15, focusing on ways to further promote trade relations between the two nations and closer connections between their businesses.

Vietnam’s coffee industry needs to take measures to adapt to a new European Union (EU) law that prevents the import of commodities linked to deforestation.

The State Bank of Vietnam set the daily reference exchange rate at 23,918 VND/USD on August 16, up 37 VND from the previous day.

National flag carrier Vietnam Airlines was honoured in two categories of Vietnam's most valuable airline brand and business with the best brand strength growth at a ceremony in Hanoi on August 15 to announce Vietnam's top 100 most valuable brands in 2023.

The Anti-Dumping Commission of Australia (ADC) has officially concluded its investigation and decided not to impose anti-dumping duties on ammonium nitrate products originating from Lithuania and Vietnam, the Ministry of Industry and Trade’s Trade Remedies Authority of Vietnam (TRAV) has announced.

The Ministry of Industry and Trade (MIT) on August 15 issued a directive on developing rice export markets and stabilising the domestic market amidst unpredictable changes in the global rice market to implement the Prime Minister's instruction on promoting rice production and sustainable export, ensuring national food security.

There remains ample space for Vietnam and Israel to enhance their economic and trade cooperation, towards building a business ecosystem for their business communities in the time ahead, heard a forum in Ho Chi Minh City on August 15.

Following sustainable development will help Vietnamese pepper further enter the EU where more and more consumers ask for certificates that prove the products’s sustainability, an insider has said.

Vietnamese exporters are facing new difficulties caused by tighter regulations and standards and fierce competition in international markets. Therefore, according to insiders, it is urgent to seek ways to help firms participate in the global production and supply chains.

Vietnam is the largest cotton importer of Australia with 38.8% of the market share, according to the Australian Trade and Investment Commission (Austrade) which predicted that Vietnam will hold this position in following years.

Vietnam's foreign direct investment (FDI) attraction has seen signs of recovery after continuous declines over the past six months, becoming a driving force for the country’s economic growth in the medium and long term, said insiders.

Foreign direct investment (FDI) attraction, consumption, and tourism are considered silver linings in Vietnam’s economic growth in the coming months of this year, insiders said.

Vietnam’s economic growth is projected to be still positive in the short term, according to the London-based audit service supplier PricewaterhouseCoopers (PwC).

The stock market recovery, which has been driven by lower interest rates in 2023, is likely to be sustained by higher earnings and attractive valuations in 2023, according to Michael Kokalari, chief economist at VinaCapital.

The State Bank of Vietnam set the daily reference exchange rate at 23,881 VND/USD on August 15, up 33 VND from the previous day.

Members of the Vietnam Automobile Manufacturers Association (VAMA) sold 24,687 vehicles in July, up 4% month-on-month, VAMA reported on August 14.