VOV.VN - Vietnam and Egypt have pledged to escalate the implementation of agreements reached by the two countries’ leaders to increase bilateral trade turnover on a par with potential and strength of each nation.

Vietnam’s exports account just 6% of the global timber and wooden furniture market which is estimated at US$120 billion, said a local official.

The clinched free trade agreements (FTAs) has opened the door wider for Vietnamese goods to enter foreign markets, helping the country improve trade balance with its trade partners.

VOV.VN - Dozens of Vietnam’s and Malaysia’s leading businesses operating in the import, export, and processing of livestock products discussed measures to step up trade activities at a roundtable seminar in Kuala Lumpur, Malaysia on April 21.

Minister of Industry and Trade Tran Tuan Anh has suggested China’s Guangxi consider building a cooperation agreement with Vietnam in the domains of economics, trade, industry and investment, thus further promoting partnerships among the two countries’ enterprises. 

The 2018 Vietnam Trademark Forum in Hanoi on April 20 sought to help Vietnamese firms build trademarks, looking to achieve sustainable exports in the context of intensive global integration.

Vietnam’s cement industry saw strong growth in cement exports in the first quarter of this year as many Chinese cement factories shut down due to pollution and power shortages.

Shifting to clean production is the right way for Vietnamese fruits to compete with the rising inflow of imports, both consumers and local fruit growers said.

The northern provinces of Bac Giang, Hung Yen, Hai Duong and Son La have proposed boosting exports of litchi and longan to foreign markets, including China.

Many Vietnamese firms have shifted their focus to new markets like Myanmar but doing business in the once-isolated nation is not easy, largely due to its poorly-crafted business regulations.