Vietnam’s mechanical engineering industry is striving to apply advanced technology, produce high-quality products meeting international standards and join the global value chain by 2035.
Vietnam’s total export value was estimated at US$33.62 billion by the end of February, a year-on-year increase of 22.9%, revealed the General Department of Customs.
The cultivation sector aims to earn export revenue of more than $21 billion this year, a year-on-year increase of 2.2-2.3 per cent, the Vietnam News Agency reported the Ministry of Agriculture and Rural Development as saying.
The Embassy of Indonesia in Hanoi and the Vietnam Coffee and Cocoa Association on February 6 hosted a workshop to boost Indonesia - Vietnam cooperation in the coffee sector.
Foreign investors will be given the go-ahead to set up logistics companies in Vietnam, but with conditions on ownership and services, according to Government Decree 163 on logistics services which will come into force on February 20.
Fruit and vegetables have surpassed traditional farm produce such as rice, rubber, tea, and cashew nuts to become a major foreign currency earner in the agricultural sector.
The export value of fruits and vegetables hit US$292 million in November, bringing the 11-month figure to US$3.16 billion, up 43.2% annually, according to the Ministry of Agriculture and Rural Development.
A conference opened in Hai Phong city on November 22 with a view to promoting cooperation along the economic corridor of Vietnam’s Lao Cai province, Hanoi, Hai Phong city and Quang Ninh province and China’s Yunnan province.
The country’s export turnover on these farm produce has already exceeded rice and crude oil
Vietnam’s tea exports are forecast to increase in both volume and value in the remaining months of 2017 due to growing global demand and limited supply.
Vietnamese dragon fruit went up for sale at Australian grocery stores from September 24 after nine years of negotiations, following lychees and mangoes.
Businesses in the Mekong Delta city of Can Tho have enjoyed good export growth, with sharp rises in shipments of rice and aquatic products which make up more than 70% of local total export value.
On 24th August, Australia and Vietnam welcomed new conditions that will see the export of Aussie cherries to Vietnam in time for the 2017–2018 season.
Vietnam earned US$3.11 billion from exports of agro-forestry-aquatic products in July alone, bringing the total export value to US$20.45 billion so far this year.
Vietnam has since 1987 exported 355 million tons of crude oil worth a total of US$145 billion, said Nguyen Sinh Khang, deputy general director of the Vietnam Oil and Gas Group (PVN).
PSNews-According to statistics, the Phu Quoc Customs Office has conducted customs clearance of 1.3 million sqm of salty sand exported to Singapore since 2015.
Minister of Industry and Trade Tran Tuan Anh and Bangladeshi Minister of Food Advocate Md Quamrul Islam have signed a document extending the two countries’ memorandum of understanding (MoU) on rice trade that will allow Vietnam to sell up 1 million tonnes of rice to Bangladesh each year.
China, already the largest importer of Vietnam’s sticky rice, has emerged as the biggest buyer of Vietnamese fragrant rice, according to exporters.
The Ministry of Industry and Trade (MoIT) and the northern mountainous province of Cao Bang held a meeting on May 16 to connect exporters of agro-fishery-forestry products to China.
Vietnam exported an estimated 1.28 million tonnes of rice in the first three months of the year, earning US$570 million, down 18% in volume and 17.3% in value compared to the same period last year.