Illustrative photo

Unprecedented increase in price of gasoline

Vietnam saw a strong growth in both imports and exports in the first six months of the year. Exports in the first half of the year are estimated at US$185.5 bln, up by 17% compared to the same period in 2021. 
Vietnam’s exports to UK up 16.4 percent last year

Vietnam’s exports to UK up 16.4 percent last year

After being heavily impacted by Covid-19 for two years, trade between Vietnam and the United Kingdom (UK) has recovered, reaching nearly US$6.6 billion at the end of 2021, up 17 percent from the previous year, according to the Ministry of Industry and Trade.
Enterprises receive many export orders in new year

Enterprises receive many export orders in new year

On the first days of the new year 2022, many businesses have accelerated production to meet orders of millions of US dollars. Many of them even have planned to expand their production scale to receive orders that are moving from countries in the region to Vietnam.
Vietnam’s trade surplus to UK nearly US$ 4.5 billion

Vietnam’s trade surplus to UK nearly US$ 4.5 billion

On the afternoon of January 4, the Ministry of Industry and Trade informed that after 1 year, the UK - Vietnam Free Trade Agreement (UKVFTA) took effect temporarily (from January 1, 2021) and took effect from May 1, 2021, Vietnam’s trade surplus of nearly US$ 4.5 billion to the UK.

Imported agricultural, fishery products encroach domestic market

Imported agricultural, fishery products encroach domestic market

The signing of many free trade agreements (FTAs) with other countries has helped several Vietnamese goods, including agricultural and aquatic products, open their doors widely to the world. In the opposite direction, the domestic market has also been importing a large volume of agricultural and fishery products from foreign countries, especially countries with trade relationships with Vietnam, creating more product diversity and more choices for consumers.
Useful measures in seafood fishing help fishermen in Hoai Nhon Town increase their output. (Photo: SGGP)

Vietnam aiming at sustainable exploitation of sea resources

For four years, the Government and ministries, state agencies have encouraged Vietnamese fishermen to upgrade their fishing capacity and strictly observe international laws. Lately, Prime Minister Pham Minh Chinh has directed that the fisheries industry try their best in 2021 to be lifted from the European Commission’s warning of illegal, unreported and unregulated fishing (IUU) a long time ago.

Many fishing boats in Mekong Delta stay ashore

Many fishing boats in Mekong Delta stay ashore

Many localities in the Mekong Delta are currently undergoing social distancing according to Directive No.16 of the Prime Minister, so trade activities of seafood products encounter difficulties, dragging prices down, causing many fishing boats to operate ineffectively. Besides, the fishing grounds are increasingly depleted, and oil prices are at a high level, so many fishing boats have decided to temporarily stop going to sea.
Halal food market: great opportunity for Vietnamese agricultural products

Halal food market: great opportunity for Vietnamese agricultural products

According to the Ministry of Industry and Trade (MoIT), the demand for Halal food in the world is increasing, not only among the Islamic community but also non-Muslims. The current global trade in Halal food is estimated at US$80 billion, accounting for about 12 percent of all global trade in agricultural and food products. This brings promising opportunities for enterprises importing and exporting agricultural products and foods in Vietnam.
EU applies stricter regulations on imported products of animal origin

EU applies stricter regulations on imported products of animal origin

On the morning of April 19, the office of the Ministry of Industry and Trade, informed the press that from April 21, Vietnam's products exported to the EU, such as poultry eggs, milk, meat, and seafood, will be checked more strictly, due to new regulations of the importing market.