Adopting traceability codes to enhance market transparency is not a new practice, particularly in developed countries. In Viet Nam, however, with millions of businesses and small-scale production facilities, tracing the origin of each product remains a major challenge. This not only harms the interests of producers and domestic consumers but also diminishes opportunities for integration into promising export markets.

Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan has expressed hope that the upcoming sixth round of reciprocal tariff negotiations with the US, slated for next week, will deliver positive outcomes.

Prime Minister Pham Minh Chinh on October 23 had a meeting with visiting South African President Matamela Cyril Ramaphosa, during which the two sides agreed to promote market access for each other’s goods and products in order to boost bilateral trade.

The European Commission (EC) has unveiled a breakthrough strategy, ‘Choose Europe to Start and Scale’. By addressing a host of long-standing policy bottlenecks, the new roadmap is expected to provide a crucial lever for enhancing the European Union’s (EU) competitiveness.