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A port in Vietnam (Photo: VNA) Vietnam’s signatory FTAs, especially recent agreements will promote trade breakthroughs and generate major trade surplus for 2022 and build momentum for 2022-23 in the process. Despite Vietnam’s challenges, exports recovered well in the first four months of 2022 to hit 122.4 billion USD, a year-on-year surge of 16.4 percent. The increase was attributed to business resilience and flexibility taking advantage of FTA parameters, notably the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), European Union-Vietnam Free Trade Agreement (EVFTA) and the Regional Cooperation Economic Partnership (RCEP) which took effect at the start of 2022. Nguyen Chanh Phuong, Vice Chairman of the Handicraft and Wood Industry Association of Ho Chi Minh City (HAWA), said new generation FTAs enhanced trade in Vietnam’s wood processing sector, pushing exports when compared to rival countries that are outside of the agreements. A survey by the Cent

United statesHo chi minh cityH chíinhRepublic ofUnited kingdomCzech republicQu ng namNguyen chanh phuongDai vanTran thanh haiHong hanhLe quang liemMai vuNational filmTelevision schoolVietnam association of seafood exporters