Up to 89% of the imports in the first four months of this year are raw materials and accessories for domestic production with a combined value of US$106.6 billion, up 16.8% year-on-year, according to the Ministry of Industry and Trade.

Tight timber supply, coupled with transport delays, has been holding back furniture manufacturers, exposing the need for domestic substitution for imported timber.

VOV.VN - Vietnam posted a trade surplus of US$1.07 billion in April, bringing the total in the first four months of this year to US$2.53 billion, according to the General Statistics Office (GSO).

The Ministry of Finance (MoF) has proposed the Government cut the most favoured nation (MFN) tariff on unleaded petrol from the current rate of 20% to 12%.

Deputy Prime Minister Vu Duc Dam on April 25 chaired a meeting with some ministries and sectors to address problems related to medical equipment import and e-health declaration upon arrival.

VOV.VN - The nation is ready to work alongside China to promote the stable, balanced, and sustainable development of bilateral trade, thereby bringing practical benefits to both sides.

While the Russia-Ukraine conflict has left negative impacts related to transport, inflation and international payments on import and export activities, it could also create opportunities for businesses which adopted timely adaptation measures, experts have said.

Many key products of Vietnam meet the import demands of Algeria, making the African country a promising market for Vietnam, according to Hoang Duc Thuan, Vietnam's trade counselor in Algeria.

VOV.VN - The United States continued to be the nation’s largest export market during the first quarter of the year, accounting for 29.1% of the country's total turnover.

VOV.VN - The total import - export turnover of goods through Ho Chi Minh City’s ports reached US$35.3 billion in the first quarter of this year, up 14.9% over the same period in 2021.