• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
Vietnam-Focuses-on-Free-Trade-Agreements-and-Green-Development-to-Drive-Export-Growth-in-2024

Vietnam Focuses on Free Trade Agreements and Green Development to Drive Export Growth in 2024

01/01/2025
Hachiko Efficiency Services Nominated for Go Global Awards 2025

Hachiko Efficiency Services Strengthens Environmental and Hazardous Materials Management Across the Pacific

09/06/2025
Mechanic inspecting car engine with digital tablet - Supply Chain News

U.S. Finalizes Trade Deal with Japan, Sets 15% Tariffs on Key Imports

09/05/2025
Container ship at a busy port, undergoing loading and unloading operations. - Supply Chain News

What’s Next for Trump’s Tariff Strategy?

09/05/2025
Industries in India Face Pressure as US Imposes 50% Tariffs

Industries in India Face Pressure as US Imposes 50% Tariffs

09/05/2025
US–Japan Trade Deal Implements 15% Tariff Baseline

US–Japan Trade Deal Implements 15% Tariff Baseline

09/05/2025
US Reduces Tariffs on Japanese Cars to 15%

US Reduces Tariffs on Japanese Cars to 15%

09/05/2025
Sow Property Consult Limited Nominated for Go Global Awards 2025 in London

Sow Property Consult Limited Nominated for Go Global Awards 2025 in London

09/04/2025
Esusu Africa Nominated for Go Global Awards 2025 in London

Esusu Africa Nominated for Go Global Awards 2025 in London

09/04/2025
KRIEGER Worldwide: Delivering Reliable Global Logistics and Supply Chain Solutions

KRIEGER Worldwide: Delivering Reliable Global Logistics and Supply Chain Solutions

09/04/2025
Trump Says India Offered to Remove Tariffs on U.S. Goods

Trump Says India Offered to Remove Tariffs on U.S. Goods

09/03/2025
Modi-Xi Meeting Highlights Tariff Disputes

Modi-Xi Meeting Highlights Tariff Disputes

09/03/2025
Parcel ABC Launches Free Tariff Analysis Tool

Parcel ABC Launches Free Tariff Analysis Tool

09/03/2025
supplychainreport
Monday, September 8, 2025
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

Vietnam Focuses on Free Trade Agreements and Green Development to Drive Export Growth in 2024

by Giezel Garcia
01/01/2025
in Trade Agreements

Vietnam’s Minister of Industry and Trade, Nguyễn Hồng Diên, spoke to the Vietnam News Agency (VNA) about the country’s economic performance in 2024, a year marked by challenges but also significant achievements. According to the Minister, Vietnam has been able to leverage Free Trade Agreements (FTAs), especially newer-generation deals, to create opportunities for economic growth.

The year 2024 has brought a mix of global and national challenges for Vietnam. The country faced severe weather impacts, including Typhoon No. 3 (Yagi) and Typhoon No. 4, which caused considerable damage to infrastructure, affecting sectors such as energy, industry, commerce, and production.

YOU MAY ALSO LIKE

International Trade Council and UK Asia Trade & Investment Council Sign Strategic Partnership to Strengthen Global Trade Links

EES Shipping Launches Free Global Tariffs & Rules Lookup Tool

Minister Diên highlighted that global economic conditions have been difficult, with slow growth and high inflation exacerbated by the tightening of monetary policies in previous years. The rise of de-globalisation and protectionist policies in many countries has further complicated the international trade environment. These nations are focusing on local industries and implementing stricter regulations concerning consumer safety, sustainability, and climate change, impacting global supply chains.

Despite these challenges, Vietnam’s export sector has seen strong growth, driven by the recovery of key markets such as the United States, the European Union, and Asia. Minister Diên pointed out that Vietnam has benefited from its participation in FTAs such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA), which offer Vietnamese products competitive tariff rates.

In addition to expanding access to international markets, the country has also diversified its export markets and product categories. Minister Diên emphasized efforts to promote not only traditional exports like electronics, agricultural products, and textiles but also newer sectors. The government has been actively supporting small and medium-sized enterprises (SMEs) by simplifying trade processes, reducing logistical barriers, and fostering greater digital trade and e-commerce.

The Ministry of Industry and Trade has also been focused on assisting businesses in adapting to global sustainability standards. With many countries implementing stricter environmental regulations, such as the EU’s Green Deal and the Carbon Border Adjustment Mechanism (CBAM), Vietnam is taking steps to ensure its businesses align with these requirements. Measures include promoting energy efficiency, reducing greenhouse gas emissions, and transitioning to renewable energy.

Vietnam’s Ministry of Industry and Trade has been working closely with businesses to ensure that they meet international trade and sustainability standards while maintaining competitiveness in the global market. With these efforts, the country is on track to meet its growth targets in industrial production, energy, foreign trade, and retail sales by the end of the year.

Explore top supply chain news stories at The Supply Chain Report. Visit ADAMftd.com for free international trade tools.

#VietnamTrade #FreeTradeAgreements #GreenDevelopment #ExportGrowth #SustainableEconomy #GlobalTrade #VietnamEconomy



ShareTweet

Subscribe Our Newsletter

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.