Vietnam spent US$9.07 billion to import nearly 22.3 million tonnes of raw materials for animal feed production in 2021, according to the Ministry of Agriculture and Rural Development (MARD)’s Department of Livestock.

VOV.VN - Vietnamese seafood exports to the UK market are forecast to maintain their double-digit growth over the coming months due to rising demand, according to details given by the Vietnam Association of Seafood Exporters and Producers (VASEP).

VOV.VN - Anex Vietnam Travel and Trading Co., Ltd announced on March 17 that it has imposed a temporary suspension on welcoming Russian tourists to Nha Trang city in the southcentral province of Khanh Hoa.

The Russia–Ukraine conflict is forcing Vietnam to look for alternative suppliers of fertilisers to cope with the shortage of supply and rising prices.

VOV.VN - The ongoing Russia-Ukraine conflict has led to a significant rise in oil prices, fueling production costs which have affected many industries and reduced the competitive advantages of Vietnamese enterprises, according to industry insiders.

VOV.VN -Petrol prices continued to rise during the latest adjustments made by the Ministry of Industry and Trade and the Ministry of Finance at 15:00 p.m. on March 11, climbing by roughly VND3,000 per litre.

Diversifying markets will help Vietnam mitigate the potential negative impacts of the conflict between Russia and Ukraine on agri-forestry-fishery trade, according to the Ministry of Agriculture and Rural Development.

International railway freight transport between Vietnam and Europe along the route through China, Kazakhstan, Russia, Belarus and Poland to Germany and Western European countries is likely to be affected if railways from Poland to Belarus stop operation.

VOV.VN - Making up 10% of the global supply of wood materials, the ongoing Russia-Ukraine conflict along with the sanctions on embargoes imposed on Russia by the United States and the EU will have a strong impact on the global wood processing and export industry, including Vietnam.

Vietnam needs to be wary of imported inflation, especially from rising global energy and commodities prices, experts have warned, urging attention to be paid to promoting exports and putting imports under control.