Trade surplus estimated at US$1 billion in July

Trade surplus estimated at US$1 billion in July

The trade balance of goods in July is estimated to have a trade surplus of US$1 billion. In the first seven months of this year, the trade balance saw a trade surplus of $6.5 billion, of which, the domestic economic sector had a trade deficit of $11.1 billion, and the foreign-invested sector, including crude oil, recorded a trade surplus of $17.6 billion.
Many agricultural products of Vietnam have wide access to the European market. (Photo: SGGP)

EU opens doors to welcome Vietnam’s agro-forestry-aquatic products

Mr. Tran Tuan Anh, Minister of the Ministry of Industry and Trade (MoIT), said that after the EU-Vietnam Free Trade Agreement (EVFTA) takes effect in early August, Vietnam's agro-forestry-aquatic products can access a potential market with more than 500 million people and gross domestic products of over US$18 trillion.
HCMC miraculously posts positive growth in first six months

HCMC miraculously posts positive growth in first six months

Amid several difficulties due to the Covid-19 pandemic and decreasing oil price that have caused many countries to fall into a crisis, the fact that Ho Chi Minh City still managed to post positive economic growth in the first six months of this year is a miracle, said Mr. Huynh Van Hung, Director of the Department of Statistics of HCMC, at a press conference to announce the city’s socio-economic data in the first six months of this year.
Agricultural, aquatic product exports to China face difficulties again

Agricultural, aquatic product exports to China face difficulties again

Chinese authorities might strengthen food safety inspection, supervision, quarantine testing, and traceability on imported agricultural and aquatic products that will possibly affect the progress of customs clearance of goods at border gates between Vietnam and China.
Canada is considered as a potential export market for many products of Vietnam, including aquatic products. (Photo: SGGP)

Vietnam promotes export to Canada

The Canadian Government has a fairly open policy when imposing preferential import tariffs on goods imported from Vietnam.
Exports in eight months maintain growth

Exports in eight months maintain growth

The Department of Industry and Trade yesterday said that Ho Chi Minh City’s total export-import revenue in the first eight months hit $55.34 billion.

Vietnamese consumers choose products with clear origin. The application of Global Standard One (GS1) number and bar coding is significant to getting to grips with food traceability and safety. (Photo: VNA)

GS1 numbering promoted to ensure food safety, traceability

The application of Global Standard One (GS1) number and bar coding is significant to getting to grips with food traceability and safety, said Nguyen Hoang Linh, Deputy Head of the Directorate for Standards, Metrology and Quality under the Ministry of Science and Technology.