In addition to the production values achieved in recent times, Vietnamese wood processing enterprises are paying more attention to investing in intangible values such as design and brands. This is also a basis for entering the higher segment, creating a larger surplus.

Craft associations believe that a host of enterprises are poised to face insurmountable difficulties, with millions of workers facing the prospect of being laid off as the economic impact of the novel coronavirus (COVID-19) begins to be felt.

Vietnam's textile, auto and timber industries are facing challenges with plummeting revenues threatening massive job cuts as the Covid-19 pandemic intensifies.

The pandemic is giving the people an economic blow and around the world they are losing their jobs in large numbers. Large gatherings are cancelled and people undertake social distancing, making it impossible for many businesses to continue.

Fruits exports to China in the first quarter fell 29.4 percent year-on-year as the coronavirus pandemic halted trade activities.

Vietnam has reaffirmed its commitment to continuously supply the Philippines’ rice requirement amid concerns over food security due to the COVID-19 situation, the Department of Agriculture said.

Free trade agreement (FTA) generates both winners and losers, and the formation of the Regional Comprehensive Economic Partnership (RCEP) is no exception. This column argues that tariff reduction under RCEP is likely to reduce ASEAN’s exports as it will erode trade preferences of ASEAN granted by existing FTA partners.

Việt Nam’s economic growth rate is expected to slow sharply to 4.8 per cent this year due to the impact of the COVID-19 pandemic, said a new Asian Development Bank (ADB) report released on Thursday.

As of March 30, at border gates in Lang Son, there is still a large number of cars waiting for import-export procedures - up to 1,514 vehicles, of which about 1,200 are carrying agricultural products of Vietnam waiting for export procedures.

The National Assembly Standing Committee (NASC) has asked relevant agencies to complete the dossier on the ratification of the EU-Vietnam Free Trade Agreement (EVFTA) for submission to the NASC at its 44th session, scheduled for mid-April this year.