Vietnam has been making good use of advantages of the international economic integration process, helping to increase the country’s exports by 22% year-on-year and imports by 26% in the first quarter of 2021, said Tran Thanh Hai, Deputy Director of the Agency of Foreign Trade under the Ministry of Industry and Trade.

Many Vietnamese exporters have seen a sudden increase in profits during the COVID-19 pandemic.

VOV.VN - Vietnam raked in US$76.74 billion from exports and spent US$74.61 billion on imports during the first three months of the year, thus recording a trade surplus of US$2.14 billion, according to the General Department of Vietnam Customs.

Vietnam earned about US$1.52 billion from wood and forestry exports in March, raising the value in the first three months of this year to over US$3.94 billion, up 41.5% year-on-year.

VOV.VN - The initial two months of the year witnessed trade turnover between Vietnam and Cambodia stand at over US$1.33 billion, representing a year-on-year increase of 64%, according to figures released by the Vietnam Trade Office in Cambodia.

VOV.VN - Vietnam’s rice export prices hit a more than nine-year high this week as fresh orders trickled in, according to Business Recorder, a financial daily in Pakistan.

The Vietnamese tea sector saw positive signs in exports in the first two months of 2021 when shipping 17,000 tonnes abroad and earning US$29 million, down 1.6% in volume but up 11% in value year-on-year.

Vietnam expects to gain US$8-10 billion from shipping fruits and vegetables abroad, with revenue of processed products accounting for at least 30% of the total by 2030.

VOV.VN - The Regional Comprehensive Economic Partnership (RCEP) is expected to bring about a range of practical benefits for Vietnamese exports due to the feasible rule of origin in comparison to other free trade agreements (FTAs), especially with regard to textile, garment, and agricultural products, according to industry insiders.

VOV.VN - Vietnam has been active in negotiating and signing five free trade agreements (FTAs) with major partners, highlighting the country’s international economic integration process as a bright and impressive part of the Government’s management during the 2016 to 2020 period.