Vietnamese garment and textile exports to the EU recovered slightly during the first half of the year, with turnover reaching more than US$1.9 billion in the reviewed period, according to statistics released by the General Department of Vietnam Customs.

In the first six months of the year, one of the bright spotsp of the Vietnamese economy is that export revenue of goods achieved positive results, estimated at 190.08 billion USD, up 14.5% over the same period.

Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan has signed a document recommending six solutions to foster imports and exports as shipping rates have continued to climb.

The amount of imported hot-rolled coil steel in the first six months of this year increased sharply to an alarming level, 1.7 times higher than domestic production.

"Trade defense measures will harm all sides involved. The strength and growth of the EU and Chinese BEV industries lie in collaboration, not conflict," said Shi Yonghong, vice president of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products.

China's Ministry of Commerce said on Monday it will conduct a final review of anti-dumping measures on imports of stainless steel billets and hot-rolled stainless steel plates from the European Union (EU), Britain, South Korea and Indonesia.

According to statistics from the General Department of Customs, iron and steel imports to Vietnam in June reached more than 6 million tons with a value of more than 1,2 million USD, down 934% in volume and 17% in value. compared to the previous month.

Insiders believe in a bright prospect for durian export to China though the world’s largest durian consumer is expanding the cultivation of this fruit.