Acting Minister of Industry and Trade Le Manh Hung has called on Russia and the Eurasian Economic Union (EAEU) to further open their markets for Vietnamese aquatic products.

Vietnam’s textile industry has found itself in a tight stitch as the Eurasian Economic Union (EAEU) implements safeguard measures on Vietnamese textiles and garments, effective for six months.

VOV.VN - Depending on the amount of exports exceeding the threshold, Vietnamese textile and garment products are set to be subject to the most favoured nation (MFN) tax rate for a period of six months or nine months.

VOV.VN - Vietnam’s rice exports are anticipated to continue rising during the second half of the year due to high demand for the staple caused by the complicated nature of the COVID-19 pandemic globally, according to industry insiders.

Eurasian Economic Union (EAEU) countries pledged to provide a tariff quota of 10,000 tonnes of rice from Vietnam next year under the Vietnam-EAEU Free Trade Agreement.