Vietnam’s steel exports rose 40.4% year on year to 3.41 million tonnes in the first seven months of the year, raking in US$2.53 billion, up 56.3%.

A surge in exports pushed Vietnam’s trade surplus to US$2.85 billion in the first seven months of this year, reported the General Department of Vietnam Customs.

Hoang Anh Gia Lai Agriculture Jsc is set to invest in another 5,000 hectares of land in Cambodia to grow bananas for export to China.

Vietnam-Thailand trade is likely to hit US$20 billion in 2020, but the target to keep the trade value in balance may not be met with Vietnam currently running huge trade deficit with the neighbouring country.

The Vietnamese exporters are required to be perfect when it comes to export to the US, a demanding market with stringent requirements, according to industry insiders. 

VOV.VN - Exports of industrial products to the UK continued their strong upward trend over the first seven months of this year, with a more than four-fold increase in exports of electrical wires and cables compared to the same period last year.

Vietnam imported 1,287 automobiles of different kinds worth US$31.3 million from August 3-9, 81% of them were from Thailand and Indonesia, according to the General Department of Customs. 

Vietnam’s tuna export revenue is likely to reach the target of US$500 million in 2018 as the figure already hit US$351 million in the first seven months of this year, while growth has been seen in the majority of markets.

Vietnam’s agricultural and aquatic exports to China are likely to face higher quality requirements and stronger competition from other ASEAN exporters although China’s demand for these goods is still on the rise, heard a meeting on August 18.

VOV.VN - Process manufacturing products played an important role in boosting the country’s exports over the first seven months of the year. Following are the top ten export products to July 2018.