On the Vietnamese spice market, there is a tough competition between potential foreign enterprises and experienced local businesses. According to Nielsen Market Research Company, between now and 2022, the Vietnamese seasonings and sauces market will increase by an average of 25-32 percent per year. Vietnamese companies are attempting to compete with foreign firms in this […]
Monthly Archives: December 2021
18
Dec
Dec
According to Vietnam’s Ministry of Industry and Trade, the Regional Comprehensive Economic Partnership (RCEP) will enter into force on January 1, 2022. The RCEP expands on ASEAN’s free trade agreements, fostering economic integration and influencing future trade policy. As a signatory to multiple trade accords, Vietnam’s participation in the RCEP will help it further eliminate […]
12
Dec
Dec
Due to Covid 19 pandemic, Vietnamese factories are facing problems in completing orders for export. The breaking of the global supply chain not only affect the export but also the import of the materials for production. Thus, this time is a really hard time, because demand rises at the end of the year. Source: VTV […]
08
Dec
Dec
Having a good understading of one country’s import and export regulations, as well as procudures, is important, and it is a must if you want to trade internationally. Today we give you the key regulations of Vietnam import and export, we think it will be a good source of information you need to start trading […]