Vietnam’s tea industry is projected to meet the targets set for this year and earn total revenue of some US$522 million, with green tea making up 51% and black tea 48%.

Wood export turnover this year is expected to reach a record high of nearly US$12.5 billion despite the COVID-19 impact, as well as risks from export markets and the country’s policy changes in controlling the legality of imported wood materials.

Steel exports in November surged 21.52% month on month and 40% year on year, reaching more than 478,300 tonnes, reported the Vietnam Steel Association (VSA).

VOV.VN - Vietnam has emerged as the sixth largest wooden furniture exporter to the UK, grossing an export value of approximately US$422 million last year to make up 3.6% of the import market share, according to the Ministry of Industry and Trade.

VOV.VN - The first half of December has witnessed Vietnamese import-export turnover reach over US$25 billion, thereby increasing the turnover rate over the previous 11 months to more than US$515 billion, similar to 2019’s figure of approximately US$517.26 billion, according to the General Department of Customs.

VOV.VN - A seminar to disseminate information relating to the Vietnam-Cuba Trade Agreement was held on December 18 with the aim of helping local businesses boost exports to the Cuban market.

VOV.VN - Vietnamese dragon fruit exports to China are anticipated to face numerous difficulties due to the cultivation area of dragon fruit in the northern neighbour set to grow in a rapid manner moving forward, according forecasts made by the Import-Export Department.

Export revenue in 2020 is estimated to reach US$267 billion while imports are to reach US$260 billion, resulting in a trade surplus of some US$7 billion, according to Deputy Minister of Industry and Trade Do Thang Hai.

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.

Vietnam is facing an increasing risk of trade defence lawsuits as exports expand after the country's active international integration and participation in free trade agreements (FTAs).