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VinFast, the car-making arm of Vietnam's private conglomerate Vingroup, today shipped 999 electric units to the US.

Vietnam is on track to export 7.2-7.3 million tons of rice in 2022, the second-highest export volume in the country's history.

The utilization of a diversified network of free trade agreements continues to support Vietnam’s trading performance despite the unfavorable global economic environment.

Between January and September, Hanoi's domestic companies earned a total of US$7.1 billion from exports, while FDI firms sold $6 billion worth of products to overseas markets.

A diversified network of free trade agreements (FTAs) that Vietnam is a part of serves as a significant boost for the country's exports.

The city's agriculture sector is building basic standards for processed agricultural, forestry, and fishery products in an attempt to improve quality and food safety.

The city will also focus on supporting local businesses to access markets, capital, and high technology to enhance export.

Vietnam is expected to earn a trade surplus of around US$1 billion in 2022, reaching the Government’s target for this year.

Local companies could further improve their utilization rate of the trade agreement to gain a larger share of the EU market.

Vietnam’s rice remains favorite in the international market despite fierce competition.

Local firms have no other alternative but to opt for higher product quality to ensure sustainable exports to the EU market.

The textile export turnover stood at $22.3 billion, up 17.7% year on year.

There has been progressing in Vietnam’s rice export as it has matched the national strategy for the diversification of rice export markets.

The US Department of Agriculture (USDA) noted the market is fond of fragrant rice from Vietnam, including the ST25, one of the world's best rice varieties.

Such a performance has been a highlight of Vietnam’s exports in the five-month period, accounting for 8.55% of total turnover.

Higher competitiveness and product quality are essential for Vietnam products to penetrate markets with high standards for imports.