Coastal provinces across the country have ramped up the installation of vessel monitoring systems (VMS) in fishing ships as part of measures to combat illegal, unreported, and unregulated (IUU) fishing.

International media has continuously praised Vietnam for its successful containment of COVID-19, which can make it a reliable destination for investors seeking to resume production.

The export market shares of wood and wooden products of Vietnam are mainly in the US, Japan, Europe, and China, accounting for more than 85 percent of the total export value of the industry. However, these markets are struggling due to the pandemic so many importers have temporarily suspended import orders.

South Korea on Tuesday suggested that the World Trade Organization (WTO) draw up "contingency guidelines" to brace for major events, such as the ongoing new coronavirus pandemic, that could put global trade under major strain.

South Korea's exports, which have been hit hard by the new coronavirus that has halted global supply chains, are not likely to rebound immediately in the post-pandemic era, as its key trade partners are raising their guard to protect their own industries, a report showed Wednesday.

The ASEAN Post on May 11 published an article titled “Building food security during the pandemic”, calling on the international community to act immediately to keep food supply chains operating.

The region will likely go back to its pre-COVID levels by Q1 2021.

The coronavirus pandemic has called into question several assumptions which have underpinned global trade for decades. By the time the dust settles, the world’s approach to trade could look quite different.

Vietnam's economy has suffered losses from COVID-19 but international organisations have forecast that the country is still one of the fastest growing in Southeast Asia.

The COVID-19 pandemic was basically under control in Việt Nam, so it was time to restart the local economy, said Prime Minister Nguyễn Xuân Phúc at a meeting with businesses on Saturday.