VOV.VN - The opening eight months of the year witnessed the country’s export and import turnover reach over US$50 billion, whilst its trade surplus hit a record high of approximately US$13.5 billion, according to figures released by the Customs General Department.

VOV.VN - As a means of increasing the trade of agricultural products from Vietnam and the US in the near future, it is necessary to continue solving problems relating to taxation and quarantine processes on imports in order to fulfill commitments between the two sides.

Vietnam's import-export turnover is estimated at US$336.32 billion in the first eight months, an annual reduction of 0.3%, according to the General Statistics Office.

The Ministry of Industry and Trade (MoIT) on August 24 said it has selected 268 prestigious exporters for 2019 from nominations made by 55 relevant ministries, industry associations and local departments of industry and trade.

Vietnamese tea makers are now faced with choosing to either renovate or leave the industry.

The export of many agricultural products, especially industrial crops such as pepper, rubber, tea, and cashew nuts, fell remarkably from January to July due to the COVID-19 pandemic.

VOV.VN - July alone saw Vietnam enjoy a trade surplus of estimated US$1 billion, bringing seven-month trade surplus to US$6.5 billion, much higher last year’s figure of US$1.98 billion recorded during the same period.