The US, EU and member countries of the CPTPP would continue to be in the focus for Vietnam’s seafood exports, thanks to preferential treatment from the deal and strong demand.

Combating IUU fishing is essential for Vietnam to remove EC’s yellow card, while promoting a responsible fishing sector and further accelerating the country’s global integration efforts.

Phones and parts posted the largest export turnover among export items during January with US$6.1 billion, up US$3.4 billion against the same period of last year.

Vietnam’s exports in January surged over 50% against the same period of last year.

The Covid-19 pandemic has caused insignificant impact on the Vietnam’s steel production while strongly hit other countries, creating opportunities for Vietnamese manufacturers to expand market share, especially in EU, China and Thailand.

Vietnam exported US$13.17 billion worth of timber and forestry products in 2020, 5.4% above the year’s plan and up 16.4% year-on-year.

Vietnam’s steel production was less affected by the pandemic thanks to support policies from importing countries, including EU members.

The South-East Asia Pandemic Response and Preparedness program, executed in 42 months, is part of the EU's €350 million solidarity response to support ASEAN nations in tackling the Covid-19 pandemic.

The EVFTA does not limit to a removal of import tariffs, but also open up opportunities for Vietnam to continue its institutional reform for a more transparent, predictable and fair business environment.