EU's Carbon Border Adjustment Mechanism and its impact on Vietnam's industry
February 29, 2024 | 10:24
The impending implementation of the European Union's Carbon Border Adjustment Mechanism (CBAM) is poised to have a considerable effect on Vietnamese exporters, especially those operating within the steel, cement, aluminium, and fertiliser sectors.
Exporters struggle with escalating shipping costs
January 30, 2024 | 11:07
Following a challenging 2023, the rising shipping costs are another hurdle for exporters in 2024.
Exporters take advantage of global deals to expand reach
October 05, 2023 | 13:00
Vietnam is making strides to expand export markets, which has brought about a remarkable increase in revenues and a major change in structure.
Exporters being stifled by VAT tweaks
August 02, 2023 | 14:00
The constant changes of requirements for verification of records and invoices are being called too challenging for exporters, with businesses complaining that VAT refund procedures are becoming more baffling.
Exporters urged to meet EU trade deal regulations
June 27, 2023 | 10:00
Despite the EU-Vietnam Free Trade Agreement’s eradication of tariffs for many export items into the EU market, meeting strict rules of origin continue to be a burden for firms to cash in on the deal’s benefits.
Exporters anxious over EU carbon tax implementation
April 27, 2023 | 16:00
With the European Union to begin use of the Carbon Border Adjustment Mechanism in October, the changes will have a direct impact on four categories of industrial products exported by Vietnam to the EU.
The catalyst to boost exports in 2023
January 31, 2023 | 11:55
Free trade agreements are instrumental in the performance of Vietnam’s export businesses, underpinning the country’s export target of 6 per cent in 2023.
Exporters expect difficult year ahead
December 31, 2022 | 07:00
Many exporters are finalising their last orders in 2022 with their minds concerned with an anticipated tough year ahead.
Vietnam’s wood exporters under FSC standard pressure
October 27, 2022 | 12:00
Weak export market demand and stable freight rates rendered some wood materials imported into Vietnam cheaper. However, FSC-certified logs imported from the EU market become more expensive for Vietnamese manufacturers, forcing them to look at home-grown, certified solutions.
Exporters seeking to retain competitive edge
October 13, 2022 | 08:00
Adverse fluctuations in the exchange rate and high USD interest rates could be detrimental to Vietnam’s exports next year, urging businesses to proactively respond to exchange rate issues in addition to the State Bank of Vietnam’s intervention.
Transition period sets path for UK export prospects
August 17, 2022 | 08:00
Exporters of industrial items in Vietnam will have to abide by a new marking regulation from Great Britain when they want to export their goods there.
Exporters building pay contingencies
March 24, 2022 | 14:00
Manufacturers that export goods to Russia will be required to look for alternative payment methods while the country remains blocked off from the SWIFT payment gateway.
Exporters endeavouring to avert conflict-induced delays
March 18, 2022 | 12:00
The Russia-Ukraine conflict is tormenting agricultural exporters who have managed to seek out solutions to shun and limit risks caused by disruptions resulting from the escalating situation.
Rubber hits price stability as exporters cast net wider
December 17, 2021 | 10:00
Vietnamese rubber exports have reached decent figures, albeit based on lower expectations – and exporters are now hoping that China will soon increase its hunger for their rubber, while at the same time preparing to shift towards new markets to end the long-lasting dependence on the Chinese market.
Vietnam fights to retain export shine
September 24, 2021 | 14:00
Amid social restrictions, national manufacturing and production dropped sharply, especially in the south where exporters had to adjust their plans. Nevertheless, continuous efforts for effective control of the pandemic are hoped to improve the situation at some point this year.
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