Export revenue in 2020 is estimated to reach US$267 billion while imports are to reach US$260 billion, resulting in a trade surplus of some US$7 billion, according to Deputy Minister of Industry and Trade Do Thang Hai.
The COVID-19 pandemic and political developments in Israel has partly affected Vietnam’s exports to this market, according to Vietnam’s trade office in Israel.
Vietnam is facing an increasing risk of trade defence lawsuits as exports expand after the country's active international integration and participation in free trade agreements (FTAs).
The online Vietnam – South America logistics trade forum has been held to help the two countries' firms expand business cooperation opportunities in the field.
VOV.VN - Vietnam and Italy have consented to plans for post-pandemic economic recovery and optimising the benefits from the EU-Vietnam Free Trade Agreement (EVFTA) as a way of promoting economic ties between the two nations.
VOV.VN - The garment sector has set an ambitious target of earning US$55 billion from export and generating 3 million jobs by 2025.
Vietnam and the Republic of Korea (RoK) have signed an action plan to complete the target of raising their bilateral trade to US$100 billion by 2023.
Wildlife trade monitor network TRAFFIC on December 11 launched a three-year social marketing programme with an aim to reduce demand for tiger products in Vietnam.
VOV.VN - Minister of Industry and Trade of Vietnam Tran Tuan Anh and International Trade Secretary of the UK Liz Truss signed a document in Hanoi on Dec. 11, putting an end to negotiations of a free trade agreement between the two countries.
VOV.VN - Apple’s AirPods Max are due to be assembled in Vietnam as opposed to being manufactured in China like other Apple products, according to DigiTimes.