Bilateral trade turnover between Vietnam and the Czech Republic in the first half of 2018 recorded an expansion of nearly 14% compared to the same period last year, marking a successively stable growth rate of over 10% per year since 2015. 

Tra fish exports to the European Union (EU) have recovered following incorrect news published by overseas media, said General Secretary of the Vietnam Association of Seafood Exporters and Processors (VASEP) Truong Dinh Hoe. 

Cement exports in the first seven months of the year registered impressive growth, with 17.65 million tonnes sold for US$656.3 million, year-on-year increases of 63.2% in volume and 73.4% in value.

Cassava exports in the first seven months of the year reached 1.6 million tonnes with a value of US$580 million, a year-on-year decline of 24% in volume but a surge of 12.5% in value, according to the Ministry of Agriculture and Rural Development.

Vietnam enjoyed a trade surplus of US$3.03 billion with Hong Kong (China) in the first half of 2018, a year-on-year increase of 14.6%, according to the General Department of Vietnam Customs.

Minister of Industry and Trade Tran Tuan Anh has issued a directive on enhancing State management of scrap imports in order to implement the Prime Minister’s guidelines on strengthening the management of the import and use of scrap.

VOV.VN - Vietnam considers Argentina one of its most important trade partners in Latin America with two-way trade turnover increasing year by year from US$2.3 billion in 2015 to US$2.9 billion in 2016 and reaching around US$3.5 billion in 2017.  

The average export price of Vietnamese rubber fell in tandem with the global price, affected by the escalating US-China trade war, according to the Agro Processing and Market Development Authority (AgroTrade) under the Ministry of Agriculture and Rural Development.

Over the past years, the forestry industry has established itself as an important economic sector of the country. Notably, wood and wood products have become the sixth biggest currency earner of Vietnam, making the country the largest exporter of the products in ASEAN, second in Asia and fifth in the world.

It has become more difficult to export steel products to large markets amid the strong rise of protectionism. Steel manufacturers have been advised to protect and exploit the domestic market, which is full of potential.

Vietnam earned US$109 million from exporting 67,000 tonnes of tea in the first seven months of 2018, a year-on-year decrease of 12.9% in volume.

Vietnamese shrimp exporters need to improve quality of their products, and update procedures and requirements in the Republic of Korea (RoK) to overcome technical barriers that hinder the shipments, experts have said.

Developing product chains is an important solution to sustainable export growth, heard a conference in Hanoi on August 8.

VOV.VN - Bilateral trade between Vietnam and the UK reached US$3.12 billion in the first half of this year (a year-on-year rise of 14.2%), with Vietnam’s exports to the European market at US$2.73 billion (up 14%) and imports at US$389.76 million (up 14.7%), according to the General Department of Vietnam Customs.

A conference seeking solutions to boost rapid and sustainable growth of the wood and forestry processing and export industries will be held in Ho Chi Minh City on August 8.

VOV.VN -T&T Group of Vietnam pledged to import raw cashew nuts from Guinea Bissau with an annual volume of 150,000-200,000 tons in 2018 and the following years under a memorandum of understanding on agribusiness signed in Hanoi on August 6.

The retail sector plays a core role in Ho Chi Minh City’s economic growth, heard a workshop held recently by the municipal Department of Industry and Trade to discuss building a list of key trade and service products. 

Vietnam’s seafood export value in the first seven months of 2018 was estimated at US$4.63 billion, up 6.3% over the same period last year, according to the Ministry of Agriculture and Rural Development (MARD).

VOV.VN - The 8th East-West Economic Corridor (EWEC) International Trade, Investment and Tourism Fair opened at the Da Nang Exhibition and Convention Centre on August 3, drawing 200 foreign businesses and organizations from Thailand, Laos, Cambodia, Myanmar, and Indonesia and 17 domestic trade promotion agencies and business associations.

Ho Chi Minh City’s Department of Industry and Trade met with more than 50 experts, researchers and business leaders at a meeting on August 3 to discuss solutions to develop the city’s main products in the trading and services sector.

Vietnam’s rice exports in the first seven months of this year brought home US$2 billion, rising 32% against the same period last year.

Export turnover of the Mekong Delta province of An Giang hit US$455.9 million in the first seven months of 2018, a rise of 6.59% year-on-year and meeting 54.2% of the year’s plan. 

Vietnam and Thailand agreed on some measures to remove difficulties for businesses in carrying out trade activities at the third meeting of their joint trade committee in Hanoi on August 3.

Various challenges face Vietnam’s shrimp exports to the US, as aside from high anti-dumping duties, Vietnamese businesses have to tackle harsh policies the US uses to protect domestic production.

The southern province of Dong Nai earned more than US$10.6 billion in export revenue in the first seven months of 2018, a year-on-year increase of 12.7%.

The third meeting of the Vietnam-Thailand Joint Trade Committee opened on August 2 in Hanoi to enhance bilateral economic and trade cooperation.

Export revenue of aquatic products is estimated to hit US$2.7 billion in the third quarter, a 13% rise year-on-year, said the Vietnam Association of Seafood Exporters and Producers (VASEP).

With the US tightening import rules for shrimp and abalone at the end of this year, Vietnamese processors and exporters need to start preparing data now, an American expert has said.

Exports of plastic products were worth US$1.43 billion in the first half of the year, a year-on-year increase of 20%, according to the General Department of Vietnam Customs.

Vietnam’s tea exports as of mid-July dropped 11% year on year in volume to 61,530 tonnes, and 6.9% in value to US$99.94 million, according to statistics from the General Department of Vietnam Customs.