Businesses, farmers, and management authorities need to pen rational strategies in response to market changes so as to create breakthroughs and concretise the set export revenue target of 4-4.3 billion USD for the whole year, experts have said.
Vietnam’s export of fishery products is expected to reach 4.4 billion USD during January-June, a year-on-year increase of 6%, despite such formidable challenges as extreme weather conditions and competitive pressure regarding export prices, high input costs and shortage of materials, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam recorded a trade surplus of 26 billion USD in 2023, nearly tripling the figure last year and the highest on record, Deputy Minister of Industry and Trade Phan Thi Thang said at a teleconference held in Hanoi on December 20.
Reports from the General Statistics Office and the General Department of Vietnam Customs showed Vietnam is making good economic recovery despite formidable challenges still ahead.
Staff shortages have plagued Vietnam’s tourism industry after the country reopened the borders to international tourists in March of 2022 following a two-year hiatus due to COVID-19.
Vietnam always attaches much importance to and wants to deepen its special friendship with Cuba, General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nguyen Phu Trong has said.
Despite formidable challenges in the host nation, the overseas Vietnamese (OVs) in Cambodia have stood shoulder by shoulder to overcome difficulties by promoting the national tradition “the good leaf covers the torn ones”.
Vietnam will face formidable challenges in the fight against the COVID-19 pandemic since it could last until the end of next year, Acting Minister of Health Nguyen Thanh Long said on October 13.
Bilateral trade between Vietnam and Israel will continue thriving this year with its value likely to top 1 billion USD, the Vietnamese trade office in Israel said on August 28.
Vietnam has long treasured the substantial benefits of free trade, particularly amidst the formidable challenges posed by global trade protectionism which is currently threatening bilateral and multilateral trade deals, Prime Minister Nguyen Xuan Phuc has said.
Despite formidable challenges, most of the Vietnamese workers said that they are able to cover basic living expenses with average monthly income of 5.53 million VND (237.79 USD), according to a survey released on July 12 by the Vietnam General Confederation of Labour (VGCL).
Vietnam has enjoyed robust signs in seafood shipments to the EU market in January after a tough time caused by the “yellow card” issued by the EC over the problem of IUU fishing.
