Economy and commerce
Small and medium enterprises (SME)
Vietnam continues preparing for EU deforestation regulation inspite of implementation postponement
The enforcement of the EUDR has been postponed to December 2025 to ensure smooth and consistent compliance across global supply chains.The European Union (EU) has postponed the enforcement of the European Union Deforestation Regulation (EUDR) but Vietnam will not delay its preparation and adaptation progress ...
Chu Khôi
Green export: Change or exit the “game”?
Green export is an irreversible trend and businesses are forced to grasp this trend to maintain growth rate and market share to participate in the “game” globally.Nguyen Cam Trang, Deputy Director of the Import-Export Department of the Ministry of Industry and Trade (MoIT), said that ...
Ha Anh
Vietnam's agricultural advantage edge at risk due to lack of deep processing
Vietnam has emerged as one of the top ten global exporters of agricultural and food products. However, despite growing demand, businesses are struggling to meet orders due to limitations in deep processing technology and infrastructure.According to the latest data from the Ministry of Agriculture and ...
Translated by Thuy Doan
Vietnam adapts to global trends in environmental, social and governance practices
Practicing responsible business in accordance with Environmental, Social, and Governance (ESG) criteria is considered a key that contributes to realising Vietnam’s commitment to bring net emissions to zero by 2050.On the journey towards green growth, ESG criteria are the standard for measuring and evaluating an ...
EUVFTA shows European investors' confidence in Vietnam
A survey by EuroCham highlighted Vietnam’s attractiveness for European investors. The BCI survey said that the EUVFTA has undoubtedly opened doors for European businesses, but challenges remain. However, it also pointed out a number of obstacles that European businesses face in fully leveraging the EUVFTA, including ...
Vân Nguyễn
Exports could be affected by EU’s new environment policy
To reach environmental and climate goals, the EU has imposed the ESPR (Ecodesign for Sustainable Products Regulation), commencing July 18, 2024, which is expected to have an impact on Vietnam’s key export products to the EU.According to the Vietnam Trade Office in Germany, the ESPR ...
Technical exchange on EUDR shapes Vietnam's agricultural future
The Ministry of Agriculture and Rural Development (MARD) and the EU Delegation to Vietnam have jointly organised a technical exchange focused on the European Union Deforestation Regulation (EUDR) and its implications for Vietnam’s supply chains. The event, titled “Technical Exchange on EUDR and Deforestation-free Supply ...
Geographical Indication certificates help increase value of Vietnamese farm produce
Geographical Indications (GIs) are considered an effective tool to promote the export of Vietnamese agricultural products. Therefore, building brands for Vietnamese agricultural products associated with geographical indication protection has become an important direction to enhance value and affirm brands for local specialty products in the ...
FTAs – driving force for agricultural growth
Vietnam is currently a signatory to 16 free trade agreements (FTAs), which are described as highways connecting Vietnam’s economy with major trading partners in the world. In the agricultural sector, FTAs have become a powerful driving force, marking significant achievements across the entire industry.Over the ...
Green economy: finish line cannot be reached overnight
Developing green economy and green agriculture is a ‘growing trend’ in Vietnam which will help it reach the ‘net zero’ goal by 2050 as committed at COP 26. However, many business owners think that it is far-fetched and unnecessary for now. They have to reform ...
