VOV.VN - In the first four months of 2021 Vietnam’s trade deficit with China jumped to US$17.6 billion, a record high figure over the past three years, according to the data from the General Department of Vietnam Customs.

The agricultural sector needs to focus on developing raw materials to reduce the dependence on imports as well as improve processing capacity, experts said.

More than 90% of domestic enterprises are small and medium-sized. The advantage of this business model is that it quickly responds to market fluctuations.

VOV.VN - Local garments and clothing items made using fabrics from the Republic of Korea (RoK) are set to enjoy lower tariffs than in the EU, according to a statement issued on February 8 by the Korean Ministry of Trade, Industry and Energy.

Vietnam's tuna exports increased strongly in the first month of this year, especially to the US market with many orders.

VOV.VN - The Mekong Delta province of Hau Giang hosted a ceremony on January 5 to mark the export of the first batch of shrimp this year.

VOV.VN - To adapt to the ‘new normal’ and recover from future economic challenges, Vietnam and countries in the Middle East and Africa have made efforts to promote economic reform this year, thereby strengthening international connectivity and expanding into new potential markets.

A shortage of raw materials remained an obstacle that needed to be removed if Vietnamese textiles and garment enterprises want to seize export opportunities in the European Union (EU) under the EU-Vietnam Free Trade Agreement (EVFTA), according to experts.

The leather and footwear industry is finding new supply and demand sources to overcome difficulties due to the impact of the COVID-19 pandemic.

Vietnam’s rice exports to Africa rose sharply in the first six months of 2020 and are expected to continue surging in the remainder of the year and in 2021, according to Vietnamese Trade Counsellor in Algeria Hoang Duc Nhuan.