Trade between Vietnam and the UK reached over 6 billion USD as of November 2021, up 17 percent year on year, with Vietnam enjoying surplus of 4.46 billion USD, the General Department of Vietnam Customs reported.
Vietnam’s export of animal feed and materials surpassed 1 billion USD for the first time to 1.049 billion USD from early this year to mid-December, reported the General Department of Vietnam Customs.
The loosening of social distancing measures and increasing global demand have opened up great opportunities for Vietnamese rice exporters, according to experts.
Vietnam earned nearly 49.4 million USD from tuna exports in August, a fall of 19 percent year-on-year, according to the General Department of Vietnam Customs.
The General Department of Vietnam Customs has issued documents to guide the customs departments of provinces and cities to effectively enforce the UK-Vietnam Free Trade Agreement (UKVFTA) and related documents.
Vietnam exported nearly 919,000 tonnes of rubber, earning 1.54 billion USD in the first seven months of 2021 with the price of 1,677 USD per tonne, up 34.2 percent, 74.5 percent and 30 percent respectively, according to the General Department of Vietnam Customs.
The US was the top destination of plastic products from Vietnam in the first half of 2021, accounting for 36.5 percent of total shipments, according to the General Department of Vietnam Customs.
Vietnam’s imports of completely built-up (CBU) vehicles in the first seven months of 2021 posted a year-on-year surge of 111.2 percent in volume despite the complexities of COVID-19.
The Indian Finance Ministry has decided to not impose anti-dumping duty on several types of medium density fiber (MDF) boards having thickness below 6mm imported from Vietnam, Malaysia, Thailand and Indonesia, according to the Ministry of Industry and Trade’s Trade Remedies Authority of Vietnam (TRAV).
Numerous solutions have been rolled out to deal with the congestion at seaports and make customs clearance process faster amid impacts of COVID-19 pandemic, according to the General Department of Vietnam Customs.
Vietnam's footwear exports brought home 11.27 billion USD from the start of the year to July 15, a year-on-year surge of 28.36 percent, according to the General Department of Vietnam Customs.
Despite trade deficit in the first half of 2021, experts still predicted that Vietnam will soon resume balance in the trade of goods thanks to the strong growth in production.
Following the success of its trade promotion programme for Vietnam’s frozen durians in 2019 and 2020, the Vietnamese trade office in Australia is working to promote other processed agricultural products of Vietnam in the market.
A consultation conference was held on March 30 to gather feedback on a draft decree on regulations on State inspection over quality and food safety of imported goods.
Foreign direct investment (FDI) firms’ import-export value reached 68.52 billion USD in the first two months of 2021, a surge of 31.5 percent from the same period last year, according to the General Department of Vietnam Customs.
Business
