Bilateral trade between Việt Nam and the US set a new milestone, hitting US$111.56 billion in 2021, up nearly $21 billion over the previous year, according to the General Department of Customs.

Despite pandemic-caused difficulties, Vietnam still posted a trade surplus of 4 billion USD, an impressive achievement partly attributed to free trade agreements (FTAs), especially the new-generation ones.

Fast digital transformation is considered the best way for the Vietnamese agricultural sector to overcome difficulties to recoveand develop in the post-pandemic period.

Volatile consumption is often an issue for Vietnamese fruit sales during the first three months of the year. Standardisation is the only solution to this problem.

Dragon fruit prices are falling sharply because it cannot be exported to China, and farmers are in dire need of support from the Government, experts said.

The US-based Fibre2Fashion portal has recently run an article highlighting several foreign financial organisations’ relatively positive predictions for Vietnam’s economy, saying that its growth is expected at 6.5-6.7 percent in 2022.

The goal for the digital economy to account for 20 per cent of GDP by 2025 is very challenging.

China reported the largest monthly trade surplus in its history last Friday. At $94.5bn, this was the latest in nearly two years of record monthly surpluses even as Chinese consumption has stagnated.

Strengthening economic cooperation between Việt Nam - ASEAN+3 towards economic recovery and development, as well as repelling the impact of the COVID-19 pandemic were discussed at a meeting among ambassadors of ASEAN+3 countries in Hà Nội on Monday.

The British government should fix post-Brexit red tape over customs and trade processes and issue more visas to address labour shortages, according to the British Chambers of Commerce.