The total number of pig herds in Vietnam is estimated at 27.3 million as of present, up 20% against early 2020 and equivalent to 87% of the pig herd before the outbreak of the African Swine Fever.
Vietnam trade policy is on right track with record high of US$544-billion turnover in 2020, in which e-commerce is an inevitable trend for local firms to access markets and increase trade value in the coming time.
Government support is needed for the local leather and footwear sectors to realize the export target of $20 billion in 2021.
Vietnam’s strong growth momentum in manufacturing is expected to continue in 2021, supported by growing external demand from trade deals such as the EVFTA, UKVFTA, and RCEP.
Despite severe Covid-19 impacts, Vietnam – South Korea trade relations this year is on track to reach or even exceed the US$70 billion mark recorded in 2019.
Vietnam's trade turnover is likely to have increased by 5.1% year-on-year to reach US$543.9 billion in 2020.
Vietnam’s trade turnover is expected to hit $540 billion this year, marking a year-on-year increase of $23 billion.
The signed contracts are in the fields of export-import of metal ores, chemicals, agro-forestry-fishery products, and fertilizer, among others.
Vietnam's trade turnover is likely to reach US$489.1 billion in the January – November period, representing an increase of 3.5% year-on-year.