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.

VOV.VN - Nearly 100 Vietnam and China businesses have signed a cooperation deal to sell water melon and some other special farm produce from the central province of Quang Ngai.

To improve their competitiveness, Vietnamese livestock companies have been told to restructure their production and supply chains.

Businesses from Vietnam and Chinese Taiwan see opportunities to boost the two sides’ trade value as there are potential fields for them to explore.

With growth of up to 22% forecast this year and firms with bright prospects, Vietnam’s steel industry has high potential to reach many markets if it overcomes difficulties in trade defence lawsuits and high import volume.

Bahrain will open its trade promotion offices in Hanoi and Ho Chi Minh City to facilitate trade with Vietnam and other countries in the ASEAN bloc, said Sheikh Daij bin Isa Al Khalifa, Chairman of the ASEAN-Bahrain Business Council.

Vietnam is exporting tea mainly in the form of raw materials. In an effort to increase tea export value, both farmers and businesses in the northern province of Thai Nguyen, the country’s largest tea producer, are seeking to develop brand names for their products.

VOV.VN - The Vietnamese plastics industry is heavily dependent on material imports at fluctuated prices.

A Czech trade official has said Vietnam and the Czech Republic share huge room for trade and investment cooperation.

The Russian Export Centre in HCM City has launched a Russia Commercial House to support business connectivity between the two countries, thus boosting bilateral trade. 

VOV.VN - The Vietnamese market holds huge potential for Russian businesses seeking to boost trade and cooperation in the country, according to Russian firms at a Vietnam-Russia business forum held in Ho Chi Minh City on April 10.

Hoa Phat Equipment & Accessories Co., Ltd, a subsidiary of the leading Vietnamese steel maker Hoa Phat Group (HPG), sold 3,000 tonnes of wire drawing steel in the domestic and foreign markets, namely the Republic of Korea (RoK) and Laos, in the first quarter of 2018.

VOV.VN - Despite Argentina accounting for just 0.3% of the total value of Vietnam’s trade in ceramic products, exports to the market skyrocketed by 476.12% to US$309,600 during the first two months of the year when compared to the same period of last year.

Vietnam gained US$934 million from fruit and vegetable exports in the first quarter of 2018, up 33.4% from the same period last year with China, Japan and the United States remaining top importers.

Garment-textile export turnover reached nearly US$8 billion in the first quarter of 2018, a year-on-year rise of 13.3%. 

VOV.VN - The European Commission (EC) has decided to terminate an anti-dumping investigation into pallet trucks after coming to a conclusion that there was no tax invasion of these products imported from Vietnam.

Vietnam’s tra fish exports face an array of difficulties and challenges on the path to achieving this year’s export revenue target of more than US$2 billion, including high anti-dumping duties, technical barriers and unhealthy competition.

The cashew sector enjoyed sharp year-on-year rises in export volume and value in the first three months of this year at 31% and 43.6% respectively thanks to higher quality and price.

VOV.VN - Vietnam has earned more than US$2.8 billion from footwear exports so far this year. The product has always been listed among goods with an export value of billions of US dollars for many years.

The southern province of Dong Nai earned US$4.3 billion from export in the first quarter of 2018, up 12.3% over the same period last year, according to the provincial Department of Planning and Investment.

The southern province of Binh Duong recorded a trade surplus of more than US$1.5 billion in the first quarter of 2018, according to the provincial Department of Trade and Industry.