Pepper remains one of Vietnam's major exports to the UK. (Photo: VNA) Vietnam’s exports exceeded 5.7 billion USD, up 16.4 percent year-on-year, the ministry said, attributing the increase to the UK-Vietnam Free Trade Agreement (UKVFTA) which took effect in August 2020. Sharp growth was seen in shipments of fruits and vegetables (67 percent), coffee (17 percent), pepper (49 percent), iron and steel (1,269 percent), and toys and sports equipment (19 percent). Meanwhile, imports from the UK rose by 23.6 percent to nearly 850 million USD. Vietnam exported more than 4.8 billion USD worth of goods to the UK in the first four months of 2022, with major currency earners including seafood, coffee, pepper, cashew nut, textile and garment, footwear, iron and steel, phones, computers, machinery, and toys and sports equipment. Gov’t resolves to speed up public investment capital disbursement Prime Minister Pham Minh Chinh on May 2 signed a decision to establish six working groups to accele
As the COVID-19 pandemic is predicted to linger and affect the State budget revenue as well as spending on the pandemic combat, it is necessary to flexibly combine fiscal and monetary policies to keep macro-economic stability, said Minister of Finance Ho Duc Phoc.
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