Việt Nam has set a target that the export value of agricultural, forestry and fishery products to the EU market will reach US$5-5.5 billion by 2025.

Vietnamese tuna exports during the first half of the year surged by 56% to US$553 million, accounting for approximately 10% of total seafood export turnover, according to details given by the General Department of Vietnam Customs.

Enterprises of Vietnam have been recommended to diversify markets, including nearby countries, to promote exports, which are bouncing back strongly but also facing certain headwinds.

The current ongoing Russia-Ukraine conflict and the efforts of major food exporters to limit the volume in their export quota has sent food prices to skyrocket controllably.

A year after the UK-Vietnam Free Trade Agreement (UKVFTA) came into effect in early 2021, trade between the two countries has shown significant growth despite the impact of the COVID-19 pandemic, said an official of the Ministry of Industry and Trade (MoIT).

With positive performance in H1, the ministry expects the country's agro-forestry-fishery exports to reach $55 billion by the year-end, $5 billion higher than the Government target. 

The General Administration of Customs of China (GACC) has agreed to pilot import of Vietnamese passion fruits starting in July, making it the 10th Vietnamese fruit to be allowed to enter the Chinese market, Deputy Director of the Plant Protection Department at the Ministry of Agriculture and Rural Development (MARD) Nguyen Thi Thu Huong said at a conference on July 7.

The Turkish government will impose anti-dumping duties on hot rolled coil (HRC) imports from the EU and South Korea today, ranging from 7-12.8pc.