Can COVID-19 serve as force majeure?

Can COVID-19 serve as force majeure?

Global difficulties have forced businesses in Vietnam to delay implementation of export contracts with overseas partners. Tony Nguyen, senior partner, and Son Nguyen, associate of legal consultancy firm EPLegal write about the dilemma for local exporters, with contract delays inducing damages or waiver liabilities.
Vietnamese groups grasp German export prospects

Vietnamese groups grasp German export prospects

More Vietnamese companies are looking to increase their market share of agriculture products in Germany with a view to capitalising on one of the biggest markets in Europe.
Nine-month FDI inflows up 4.4 percent despite COVID-19

Nine-month FDI inflows up 4.4 percent despite COVID-19

Despite COVID-19 impacts, foreign direct investment (FDI) inflows into Vietnam during the first nine months of this year rose 4.4 percent year on year to 22.15 billion USD, reported the Foreign Investment Agency under the Ministry of Planning and Investment
Vietnam fights to retain export shine

Vietnam fights to retain export shine

Amid social restrictions, national manufacturing and production dropped sharply, especially in the south where exporters had to adjust their plans. Nevertheless, continuous efforts for effective control of the pandemic are hoped to improve the situation at some point this year.
Vietnam-China import-export turnover maintains growth momentum

Vietnam-China import-export turnover maintains growth momentum

Vietnam-China import-export turnover maintains growth momentum
Local coffee brands diversify operations to boost exports

Local coffee brands diversify operations to boost exports

Vietnamese producers continue to have a faint imprint on the world’s deep-processed coffee market, and many small businesses are now beginning to pay more attention to branding, while larger ones seek new ways to increase export output.
Hai Duong angles to boost lychee exports

Hai Duong angles to boost lychee exports

The Vietnam Trade Promotion Agency and Hai Duong held a conference to promote the exports of Thanh Ha lychee and other distinct agricultural products.    
Upbeat export prospects for 2021

Upbeat export prospects for 2021

Vietnam has posted impressive export-import performance despite the health crisis, with Ho Chi Minh City, the northern province of Thai Nguyen, and the southern province of Binh Duong heralded as the top performers thanks to the inputs of both local and foreign businesses.
Stage set for scale-up of nation’s rice

Stage set for scale-up of nation’s rice

Vietnam’s rice processing and trading have overcome the difficulties caused by the ongoing pandemic to acquire the export turnover of over $3 billion in 2020, a record in the past nine years, with exporters remaining bullish over future prospects.
Key export goods rumble on despite pandemic strains

Key export goods rumble on despite pandemic strains

Processing and manufacturing involving items such as electronics and rice is one of the main factors driving Vietnam’s all-time high trade surplus of $20.1 billion so far this year.
Vietnam's record export surplus in the first 11 months of 2020 (Infographics)

Vietnam's record export surplus in the first 11 months of 2020 (Infographics)

Vietnam's record export surplus in the first 11 months of 2020
2020 aquatic product exports predicted to hit 8.6 bln USD

2020 aquatic product exports predicted to hit 8.6 bln USD

Vietnam may earn 8.6 billion USD from exporting aquatic products this year, the same as the figure in 2019, the Vietnam Association of Seafood Exporters and Producers (VASEP) has forecast, adding that it would be a result beyond the expectations of most given the COVID-19 pandemic.
Growing trade remedies a sign of rising export activity

Growing trade remedies a sign of rising export activity

As Vietnam is continuously increasing its presence and exploring new export markets, applied trade remedies against domestic producers and their goods have become more frequent.
Dairy export rise likely with EU influx

Dairy export rise likely with EU influx

The EU-Vietnam Free Trade Agreement is giving a boost to the European dairy industry to penetrate deeper into the promising Vietnamese market.
Export prospects rise though forestry decree

Export prospects rise though forestry decree

With the EU being among the largest importers of Vietnam’s timber products, a fresh decree on legal assurance has marked an important step towards the full implementation of the Forest Law Enforcement, Governance and Trade Voluntary Partnership Agreement between Vietnam and the EU.
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