Rice exports reach record high
Vietnam’s rice exports soared to 8.13 million tons, valued at US$4.7 billion in 2023, setting a new national record, as per the General Department of Customs.
Can Vietnam become the next Asian tiger ?
Amid the COVID-19 pandemic and rising US–China trade tensions, Vietnam leapfrogged South Korea to become the United States’ sixth largest trade partner by import value in 2022. This jump represents an important pivot in Vietnam’s economy — Vietnam’s biggest export to the…
Vietnam sets new record in agricultural product export revenue
Many agricultural products such as rice, coffee, cashew and durian have set their own records in export revenue, contributing to brightening the picture of Vietnam’s exports for this year.
Vietnam august exports slide, but factory output improves
Vietnam’s exports in August fell 7.6 per cent from a year earlier, official data showed on Tuesday, making a sixth straight month of decline as weak global demand weighs on the export-reliant economy.
Vietnam has up to 8mln tns of rice for export this year
Vietnam has 7 million to 8 million metric tons of rice for export this year, state media reported on Friday.
Vietnam calls for domestic food security after India’s rice export ban
Vietnam on Friday called on the country’s food association to ensure sufficient domestic rice supplies and food security after India’s move to curb its exports.
Vietnam exporters fret over potential trade fallout of U.S. rules on Xinjiang
Concerned Vietnam-based exporters are seeking to ensure they comply with a U.S. ban on imported products using raw materials from China’s Xinjiang as lucrative trade in goods like garments and solar panels comes under closer scrutiny in Washington.
PM Chinh urges China to buy more from Vietnam
Prime Minister Pham Minh Chinh has called on China to create policies that ease entry for Vietnamese goods, especially agriculture produce.
Thailand, Vietnam expected to raise rice prices
Thailand and Vietnam are taking steps to raise their rice prices in the global market as production costs have soared.
Here’s what Vietnam has to do with the price of your morning cup of Joe
Vietnam’s vast hoard of coffee beans is shrinking, a phenomenon that’s set to push rising global prices even higher.
US biggest buyer of Vietnamese seafood
The U.S. was Vietnam’s biggest buyer of fisheries products in the first five months this year, accounting for 23 percent of exports.
Export body casts doubt on Thailand-Vietnam rice cartel plan
Last week, a Thai official said that Thailand and Vietnam were considering forming a cartel in order to raise rice prices and increase farmer income.
Vietnam’s exports to Russia hampered by Western sanctions
Sanctions imposed by the U.S. and Western world on Russia have caused Vietnamese export order and transaction delays.
Vietnam sells dragon fruit (turned away by China) to Australia
China’s Zero COVIDd-19 policy has disrupted trade, forcing Vietnamese farmers to throw away tonnes of fresh fruit. In turn, this has pushed the Vietnamese government to redirect exports to Australia asking overseas Vietnamese to support their homeland’s farmers.
China, Vietnam agree to smooth border restrictions after coronavirus disrupts trade
Chinese Premier Li Keqiang and Vietnamese Prime Minister Pham Minh Chinh say the nations will work together to strengthen trade. Vietnamese exports to China, especially fresh fruit, have taken a hit in recent months due to congestion and border closures
Vietnam to miss garment export target, faces labour shortage
Vietnam will fall short of its garment exports target this year, by $5 billion in the worst case scenario, the government said on Tuesday, due to the impacts of coronavirus restrictions and a shortage of workers.
Coronavirus concerns see China halt Vietnam’s US$1 billion dragon fruit trade
China is the top destination for Vietnamese dragon fruit – representing over 80 per cent of total shipments and amounting to US$1 billion a year. Authorities in the Guangxi region, bordering Vietnam, found traces of coronavirus on packaging and cardboard…
Concern grows for global coffee supply amid Vietnam lockdown
Traders are struggling to get beans to ports for export after Covid curbs were imposed on Ho Chi Minh City.
Vietnam lockdown adds to global coffee supply concerns
Vietnam has added to concerns over global supplies of coffee as the South East Asian country’s biggest city remains in lockdown.
In export-dependent Vietnam, Covid-19 is eating into the food and agriculture sector
Logistical difficulties amid extended lockdowns mean second-half shipments in the sector are predicted to fall 30 per cent year on year. The agriculture ministry is looking to prioritise the inoculation of all workers in the sector to ensure domestic food…
Vietnam becomes world’s 2nd biggest garment exporter
Vietnam overtook Bangladesh last year to become the world’s second largest garment exporter with a turnover of US$29 billion, according to statistics from the World Trade Organization.
Vietnam electronics exports remain strong
Vietnam’s Ministry of Industry and Trade has disclosed demand for computers and network devices is expected to grow further as people continue to work from home. Export goods such as computers, handsets, and other components are expected to reach US$53-…
Vietnam targets big and aims for US$41bil in agriculture export this year
The agriculture sector is set to earn US$ 41 billion from export in 2021, according to head of the Vietnam Trade Promotion Agency, Vu Ba Phu under the Ministry of Industry and Trade (MoIT).
Vietnamese rice faces competition from India in Philippines
The Philippines is set to import a lot of rice from India at $100 cheaper per ton than Vietnamese rice as it diversifies its supply sources.
Vietnam asks steelmakers to cut exports as domestic prices surge
The Vietnamese government has asked domestic steelmakers to boost production and limit exports in an effort to fight off soaring steel prices.
Rice exports cross $1 bln on higher prices
Vietnam has exported $1.01 billion worth of rice in the first four months of 2021, up 1.2 percent year-on-year, thanks to higher rice prices.