The socio-economic impacts of the two-year-old EU-Vietnam Free Trade Agreement (EVFTA) along with issues that the deal poses for Vietnam were under focus at a scientific seminar held in Hanoi on August 4.

VOV.VN - A number of Vietnamese export businesses have recently fallen victim to fraud due to their limited knowledge of international trade, losing both goods and cash in the process.

The State budget revenue from export and import reached VND107.3 trillion (nearly US$4.7 billion) in the first quarter of 2022, up 22.44% year on year.

VOV.VN - A recent suspected scam involving local businesses exporting cashew nuts to Italy has raised alarm bells for exporters amid increasing transnational trade fraud.

VOV.VN - With continued recovery in the supply chains of raw materials and labourers returning to work, the wood processing industry is likely to achieve an export target of over US$16.5 billion this year, up 5.7% compared to last year, according to the Ministry of Agriculture and Rural Development.

The Vietnam Trade Office in Morocco, also in charge of Benin, has warned Vietnamese exporters in general and those engaged in beverage export in particular, to seek full information about importers before conducting transactions with partners from Benin to avoid being a victim of fraud.

Vietnam is working hard to complete its legal corridor and tighten the examination and supervision of imported wood materials to ensure transparency in the wood sector and meet the strict origin rules in foreign markets.

Vietnam is improving its legal framework to promote the development of e-commerce with a focus on preventing trade fraud.

The General Department for Market Surveillance has shown determination in the fight against counterfeit goods and trade fraud products in e-commerce channels.

About 30,000 e-commerce stores were taken down in the first nine months of this year due to trade fraud, counterfeit and contraband goods, and the scale of the problem is looking daunting.