Indonesia is preparing strategic steps for achieving national salt self-sufficiency by 2027.

Vietnam plans to develop green and energy-saving steel products and increase the market share of domestically produced steel to gradually replace imported products.

Vietnam spent 2.04 billion USD to import animal feed and raw materials for the production of this kind of commodity in the first five months of this year, according to the Ministry of Agriculture and Rural Development (MARD).

According to the Ministry of Agriculture and Rural Development (MARD), tea exports in the first four months of this year reached 30,000 tonnes, worth 50 million USD, down 4.8% in volume and 5.8% in value compared to the same period last year.

Despite being an agricultural country, Vietnam is dependent upon imports to process many products, including soybean products. Amid market volatility, with high raw material prices and supply chain disruptions, many businesses have begun to develop their own raw material areas.

Regarding the key tasks of the last six months of this year, the General Statistics Office said it will put forward specific policies and prompt implementation to support businesses to resume production.

Businesses making coconut-based products in the Mekong Delta province of Ben Tre are facing a raw material shortage due to last year’s drought and saltwater intrusion from the sea into rivers.

Some Indian pharmaceutical companies have pledged to invest in building a raw material manufacturing plant worth 135 million USD in Indonesia.

A workshop was held in Hanoi on August 4 to collect opinions on the draft revised law on export and import duties.