Vietnam’s export-import revenue in the first quarter of this year was estimated at 176.35 billion USD, up 14.37 percent year-on-year, of which 88.58 billion USD was from exports, a rise of 12.9 percent.

In a remarkable political U-turn, British Prime Minister Boris Johnson and Foreign Secretary Liz Truss stated last night that the United Kingdom was to join China’s Belt and Road Initiative.

Issuing date: March 23, 2022 Issuing authority: The Ministry of Industry and Trade

UNCTAD alerts global economic growth will decrease to 2.6% from 3.6% for 2022 and that developing countries will need $310 billion to meet their external public debt service requirements this year.

Digital platforms have helped many businesses make profits during the recent difficult epidemic period by bringing products to distant markets; step by step successfully building a brand at low cost; as well as facilitating smooth flow of goods even amidst the disruptions caused by the epidemic.

Sea freight rates continue to escalate as they track petroleum prices, pushing up export costs and thus reducing the competitiveness of Vietnamese goods, according to businesses.

China's most extensive COVID-related lockdown in two years is underway in Shanghai, as the city of 26 million people undergoes a series of phased shutdowns to test a growing outbreak of the coronavirus.

South Korea's envisioned joining of a mega free trade deal in the Asia-Pacific region could boost its real gross domestic product (GDP) up to 0.35 percent, but it could cause substantial damage to the agricultural and fisheries sector, the industry ministry said Friday.

UK goods exports have underperformed the rest of the world in what experts said was a sign that Brexit might be limiting the country’s trade performance.

A recent study found that Vietnam has obtained many significant outcomes in developing a market-oriented economy over the past 35 years.