Guinea-Bissau President Umaro Sissoco Embaló’s official visit to Vietnam from September 5-8 holds important significance for both countries, Vietnamese Ambassador to Morocco and Guinea-Bissau Le Kim Quy told the Vietnam News Agency (VNA)'s reporter in Africa.

VOV.VN - Vietnam has racked up a trade surplus of nearly US$15.5 billion, with total import and export turnover by mid-August reaching US$473 billion, up nearly 17% year on year, according to the General Department of Vietnam Customs.

With Chinese brands rapidly expanding in the Vietnamese market, experts are calling for protective policies to safeguard local manufacturers and ensure the country’s long-term industrial growth.

Vietnam has imposed an anti-dumping duty on polyester filament yarn imports from India, Indonesia, Malaysia and China, according to the Trade Remedies Authority of Vietnam at the Ministry of Industry and Trade.

VOV.VN - Vietnam’s import value of meat and meat products was worth US$1.08 billion during the first eight months of the year, representing an annual surge of 20.3%, according to the General Department of Vietnam Customs.

VOV.VN - The United States surpassed China to become the largest export market for Vietnam’s agricultural, forestry, and fishery products in the first eight months of this year, according to the Ministry of Agriculture, Rural and Development (MARD).

While the influx of imported goods has presented challenges, with signs of dumping and subsidisation impacting domestic industries, Vietnam has effectively countered these threats.

VOV.VN - The country’s largest import markets for ores and minerals are Australia, Brazil, Laos, Thailand, Cambodia, India, Turkey, and China.

President Ho Chi Minh’s Testament is an important historical document, which charts a path for the Vietnamese nation and shows the late President’s hopes for Vietnam and the world situation, according to British researcher of Vietnamese politics and history Kyril Whittaker.

Vietnam's steel industry is facing fiercer competition from foreign rivals as imported products, particularly those from China, have flooded the domestic market, raising fears of market saturation. Industry experts have warned that without prompt action, domestic producers could be pushed to the brink.