Nearly 4,600 container trucks carrying goods and agricultural products were at border gates in Lang Son Province on December 20 waiting to conduct customs clearance to ship goods to China, according to Lang Son authorities.

Vietnam’s garment and textile exports next year is set to remain the same as this year even in the worst-case scenario where the Covid-19 pandemic prolongs, an association forecasts.

Australia, which annually spends about 600 billion USD on imports, is a potential market for many exports of Vietnam, said Tran Ba Phuc, Chairman of the Vietnamese Business Association in Australia, at a trade promotion and connection conference held on December 21.

Vietnam would earn 1.54 billion USD from tra fish export this year, up 3 percent from 2020, the Vietnam Association of Seafood Exporters and Producers (VASEP) forecast.

Despite the impact of the COVID-19 pandemic, Vietnam’s total import-export value is expected to reach a record high at US$660 billion this year, according to the General Department of Vietnam Customs.

The U.S. Department of Commerce hiked anti-dumping margins on certain steel pipes and tubes from Thailand to 36.97% from a preliminary estimate of 7.23% after discovering a company selected for an annual review withheld key customer information.

Despite fluctuations in the commodity market, the coffee market still maintains its growth momentum and becomes one of the shining investments for 2021.

Asummit of the South American trade bloc Mercosur ended on Friday without a final presidential statement, as member nations failed to reach an agreement to reduce import tariffs amid a sharp rise in inflation.