Vietnam racked up a trade surplus worth over US$4 billion with the European Union during the first two months of the year, according to a State statistics office.
Vietnam’s agro-forestry-fishery exports in February hit 1.93 billion USD, bringing the figure in the first two months of this year to 5.5 billion USD, a decrease of 1.6 percent year-on-year, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam’s exports to Cambodia exceeded US$3 billion last year, setting a record high in a decade and opening up opportunities for local firms to capitalise on untapped potential of the neighbouring market, statistics show.
Vietnam’s seafood export turnover in November reached 852 million USD, raising the total value in 11 months to 8.1 billion USD, a year-on-year increase of 6.8 percent.
Vu Thi Thanh Hanh, general manager of Learth Vietnam Co Ltd, said sales of her company’s VietJoy leaf tea products were very good three months after they entered the Singaporean market.
Vietnam’s Ministry of Industry and Trade (MoIT) has decided to maintain safeguard measures for steel billets and steel bars imported from a number of countries and territories including China, the US, Canada, Germany, France, Japan and the Republic of Korea.
The export turnover of tra fish is forecast to hit US$2.1 billion in 2018, up 22% against the previous year, according to the Ministry of Agriculture and Rural Development.
PSNews – The 2018 The Rice Trader (TRT) World Rice Conference, one of the world’s premier conferences on the rice trade kicked off on October 10 in Hanoi. The three-day conference drew the participation of about 600 international and domestic delegates.
A surge in exports pushed Vietnam’s trade surplus to 2.85 billion USD in the first seven months of this year, reported the General Department of Vietnam Customs.
Vietnam is one of the largest coffee producers in the world, earning more than 3 billion USD from the export of coffee bean each year, but the country mainly sells beans as material with low added value.
US Consul General in Ho Chi Minh City Mary Tarnowka has expressed her wishes to further promote trade with the Mekong Delta city of Can Tho in the field of agriculture, thereby enabling firms from the Mekong Delta and Can Tho in particular to boost their exports to the US.
Vietnam’s exports of garments and textiles are predicted to reach US$18.5 billion in the second half of the year, bringing the country’s total export turnover to US$35 billion, exceeding the set plan by US$1 billion.
The fishery sector of central Binh Dinh province has employed solutions to prevent local fishermen from violating waters of regional countries, helping deal with the “yellow card” issued by the European Commission (EC), a provincial official has said.
PSNews - From June 15-21, nearly 1,400 completely built-up Thai cars were imported into Vietnam, accounting for 96% of the total of imported cars.
The total value of the country’s imports and exports from the beginning of the year to June 15 is estimated at US$204.72 billion, up 13.2% on the same period last year, according to the latest statistics from the General Department of Vietnam Customs.
Around 200 tons of Luc Ngan lychees will be transported to Thailand through air freight to be sold on Thai retail networks, tripling the volume exported to the market in 2017.
Vietnam’s export earnings from agro-forestry-aquatic products are likely to exceed 40 billion USD this year after reaching 15.6 billion USD in the first five months, said Minister of Agriculture and Rural Development Nguyen Xuan Cuong.
Vietnam’s fruits and vegetables export has seen impressive growth, bringing home foreign currencies over the past decade.
Goods temporarily imported for re-export can be kept in Vietnam for no more than 60 days from the date of completion of customs formalities, according to a new Government decree.
Vietnam has diverse tropical agricultural products and specialities that can be exported to Australia, said Le Quoc Doanh, Deputy Minister of Agriculture and Rural Development at a Vietnam-Australia agriculture policy dialogue held in Canberra on May 8.