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Vietnam's export earnings in January posted a year-on-year rise of 42% to about 33.6 billion USD – the highest monthly turnover since April 2022 when the figure stood at 33.26 billion USD, reported the Ministry of Industry and Trade (MoIT).
Ho Chi Minh led the nation in exports last year as unveiled by the Ministry of Industry and Trade (MoIT) in its annual report on imports and exports, released in Hanoi on April 27.
The implementation of the Regional Comprehensive Economic Partnership Agreement (RCEP) will enhance competitiveness in Vietnamese goods and services in the context of an import-export-dependent economy.
Despite Latin America representing a potential market for Vietnamese exports, local businesses have encountered numerous difficulties when attempting to enter this region, according to industry insiders.
The trade value between Vietnam and Latin America is expected to increase to US$20 billion by 2025, Deputy Minister of Industry and Trade Do Thang Hai said that at the Vietnam - Latin America Trade Forum 2021, held in Hanoi on Thursday (Dec 9).