Vietnam was estimated to ship 273,000 tonnes of coffee abroad for US$616 million in the first two months of 2017, down 7.3% in quantity but up 22.3% in value compared to the same period last year.
Despite record earnings from export in 2016, cashew nuts exporters are struggling to meet targets for this year due to a shortage of raw materials.
The Ministry of Agriculture and Rural Development (MARD) has devised a 2017 trade promotion plan to remove obstacles in markets and increase exports of agro-forestry-fishery products.
Prime Minister Nguyen Xuan Phuc asked the shrimp industry to strive for an export value of US$10 billion by 2025 during a conference on shrimp production held in the southernmost province of Ca Mau on February 6.
Vietnam exports to Algeria in 2016 increased by 16% to US$271.42 million against the previous year, according to Vietnam Customs.
The Ham Duc dragon fruit cooperative in Binh Thuan province was set up in 2015 and is now headed by Ms Le Nguyen. In a little more than a year, they have established their trademark in the domestic and foreign markets.
Provinces in the Mekong Delta region aim to earn US$15 billion from exports in 2017, up 9.4% from 2016, according to the Steering Committee for the Southwest Region.
Agri-forestry-fishery exports are expected to grow by 1.2-1.4% to reach US$31 billion this year, said the Ministry of Agricultural and Rural Development (MARD) representative at a press conference in Hanoi on November 9.
Nearly 90% of tariff lines have been cut and reduced, with 59% abolished immediately as the Free Trade Agreement (FTA) between Vietnam and the Eurasian Economic Union (EAEU) has taken effect since October 2016.
Hanoi - Vietnam’s coal sector is facing decreasing exports and competition from imported coal, Nguyen Khac Tho, deputy director of the General Directorate of Energy under the Ministry of Industry and Trade, said yesterday at a conference in Hanoi on coal imports and ensuring national energy security.
Vietnam recorded a trade surplus of US$25.72 million in August with India, elevating the total export revenue in eight months to US$59 million, according to the General Department of Vietnam Customs.
HÀ NỘI — The United States Department of Commerce (DOC) has officially levied higher anti-dumping duties on Vietnamese frozen warm-water shrimp exports during the review period starting February 1, 2014 to January 31, 2015.
Vietnam’s export of wood and wood-based products is projected to reach US$8.85 billion in 2018, up over US$1 billion from the 2017 record of US$7.7 billion.
Vietnam is expected to become the EU’s largest trade partner in the Association of Southeast Asian Nations (ASEAN) once the EU-Vietnam Free Trade Agreement (EVFTA) comes into effect in 2018, according to Minister of Industry and Trade Tran Tuan Anh.
Due to solid economic growth over the past decade and the expanding Vietnamese middle income class the demand for a wider variety and higher quality of commodities has been steadily on the uptick.
Vietnam exported US$16.7 billion worth of goods in April, raising the total export turnover in four months to US$61.3 billion, a year-on-year increase of 15.4 percent, according to the General Statistics Office.
More than 92 percent of Vietnam’s rice exports in the first three months of the year was under trade deals of businesses, according to the latest report of the Vietnam Food Association (VFA).
Vietnam earned US$6.84 billion from garment and textile exports in the first quarter of this year, a rise of 11.2% year on year, according to the Vietnam Textile and Apparel Association (VITAS).
The central province of Quang Nam aims to send at least 400 labourers to foreign countries this year, targeting high-income markets like the Republic of Korea, Japan, Taiwan (China), and those with suitable requirements such as Malaysia and the United Arab Emirates.
Vietnam will focus on exporting staple products and adjust growth orientations of sectors in 2017.