Vietnam’s total textile and garment export value in the first five months of this year declined by 14.5 percent year-on-year to over 10.4 billion U.S. dollars, according to the country’s General Statistics Office on Thursday.
Vietnam assured it will deliver 400,000 metric tons of rice to the Philippines after it decided to resume exports to Southeast Asian countries starting May 1.
Vietnam made export turnover of more than 82.9 billion U.S. dollars and saw import turnover of nearly 79.9 billion U.S. dollars in the first four months of this year, up 4.7 percent and 2.1 percent on-year respectively, the country’s General…
Vietnam will end rice export restrictions from the start of May, bringing closure to a month-long saga that sparked fears over food protectionism and caused global prices to spike.
Some 300,000 tons of rice are stuck at ports nationwide. Traders are refraining from new contracts over uncertainty
Vietnam has met just 4% of the reserves it needs for this year. Rice price surge mean traders lose money selling to government.
Government cultivation push continues to pay dividends some four decades later
Vietnam, the world’s third-largest rice exporter, has not yet lifted the ban on new rice export contracts, traders said on Monday, adding that they expect the government to remove the suspension this week and also impose a quota.
Vietnam will continue to export rice amid the spread of the coronavirus, the vice chairman of the country’s food association said on Tuesday, countering earlier statements from local customs officials and media reports.