Vietnam’s export value to the European Union (EU) grew further in the first five months of this year, with a trade surplus of 13.4 billion USD, up nearly 47 percent, thanks to their bilateral free trade agreement.

US tariffs on UK steel exports are to be lifted from today under a deal that was agreed in March.
UK steel and aluminium exporters can start exporting tariff-free up to a specified volume for the first time since 2018.
 

•    The EU has announced an end to the temporary suspension of anti-dumping duties on rolled aluminum products into the block.
•    The suspension was set to expire in July.
•    Still, it’s indicative of the fact that when countries impose import duties, it often fails to penalize the producer.

The largest lychee growing localities in Bac Giang and Hai Duong have been getting ready for a successful harvest. It is forecasted that the quality of lychee fruit in 2022 will be the best ever, completely meeting the requirements of "fastidious" import markets.

Vietnam surpassed China to become the largest supplier of seafood products to Australia last year following the enforcement of the Regional Comprehensive Economic Partnership (RCEP).

India will oppose the continuation of moratorium on customs duties on e-commerce trade at the upcoming ministerial of the World Trade Organization and push for putting an end to it as it is adversely impacting the developing countries, an official said on Tuesday.

The EU has informed the World Trade Organisation (WTO) of its decision to extend steel safeguards until 2024, now with a global quota for some products affected by Ukraine, and with Vietnam added to the "other countries" quota for hot-dip galvanised (HDG). 

In July 2021, the first tuna shipments from Vietnam were exported to the Saudi Arabian market. After only nine months, the value of Vietnam's tuna exports to this market increased from US$85,000 to nearly US$5 million as of March 2022, an increase of 57 times. Tuna exports to many markets reversed and increased sharply.