Foreign direct investment (FDI) firms’ import-export value reached US$68.52 billion in the first two months of 2021, a surge of 31.5% from the same period last year, according to the General Department of Vietnam Customs.

VOV.VN - Vietnamese export turnover to the United Arab Emirates (UAE) soared by roughly 60% to approximately US$737 million during the past two months, with imports enjoying a surge of 44% to US$72 million, according to data released by the Vietnamese Trade Office in the UAE and Qatar.

Vietnam should develop a generation of young entrepreneurs in the timber industry, and consider it a sector for startups, said President of the Handicraft and Wood Industry Association (HAWA) of HCM City Nguyen Quoc Khanh.

Vietnamese enterprises should take advantage of online marketing channels, re-arrange production and business orientations and strategies, and bring into full play advantages brought by free trade agreements if they want to achieve sustainable export growth, according to insiders.

Import-export value of agro-forestry-fisheries products hit nearly US$11 billion in the first two months of 2021, resulting in US$1.37 million in trade surplus, up 28.4% year on year, according to the Ministry of Agriculture and Rural Development (MARD).

Vietnam’s trade balance posted positive, US$1.29 billion, in the first two months of the year, the General Department of Customs said on February 28.

VOV.VN - Bilateral trade between Vietnam and the UK reached US$657.35 million during January, representing an annual increase of 78.57%, according to the European-American Market Department.

VOV.VN - Vietnam’s import-export turnover from the beginning of the year to February 15 reached over US$74 billion, with the country enjoying a trade surplus of roughly US$3 billion, according to figures compiled by the General Department of Vietnam Customs.

VOV.VN - The seven days of the Lunar New Year from February 10 to February 16 saw Vietnam export goods to over 80 markets, with the largest volume of exports going to China.

Of the six ASEAN nations, only Vietnam posted an increase in exports for 2020, up 7% to US$282.66 billion, according to The Straits Times.