Vietnamese enterprises are facing rising costs in fuels and materials for production due to the ongoing Russia-Ukraine conflict, experts have said.

VOV.VN - The International Finance Corporation (IFC), a member of the World Bank Group, is set to pour approximately US$43 million in order to help GreenFeed Vietnam Corporation increase its pig breeding and farming capacity.

Vietnam raked in US$22.83 billion from exporting agro-forestry-aquatic products in the first five months of 2021, representing a year-on-year increase of 30.3%, reported the Ministry of Agriculture and Rural Development.

The COVID-19 pandemic has caused global trade bottlenecks and disruptions, but livestock exports are still growing strongly. With export turnover of US$1.23 billion in 2020, livestock is the new export strength of Vietnam.