In the first half of the year, foreign invested enterprises (FIEs) saw an excess of exports over imports of $15.68 billion, while the domestic economic sector witnessed a trade deficit of $15.7 billion. SEE MORE The escalating trade tension between the US and China will cause considerable impact on Vietnam’s export, according to Pham Tat Thang, head of the Institute for Trade Research and senior expert from the Ministry of Industry and Trade. SEE MORE South Korea said on Monday it plans to drop Japan from its "white list" of countries with fast-track trade status from September, a tit-for-tat move that deepens a diplomatic and trade rift between the two countries. SEE MORE Australian rare earths miner Northern Minerals Ltd on Monday said it was in negotiations with a Chinese entity for a A$20 million ($13.53 million) investment. SEE MORE Oil prices fell on Monday amid worries about an economic slowdown and the U.S.-China trade war, which have led to a cut in the outlook for global oil demand. SEE MORE