The U.S. was Vietnam’s biggest buyer of fisheries products in the first five months this year, accounting for 23 percent of exports.
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.
Sanctions imposed by the U.S. and Western world on Russia have caused Vietnamese export order and transaction delays.
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.
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 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.
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…
Traders are struggling to get beans to ports for export after Covid curbs were imposed on Ho Chi Minh City.
Vietnam has added to concerns over global supplies of coffee as the South East Asian country’s biggest city remains in lockdown.
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 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’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$53-…
The agriculture sector is set to earn US$ 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).
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.
The Vietnamese government has asked domestic steelmakers to boost production and limit exports in an effort to fight off soaring steel 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.
Vietnam achieved a trade surplus of $1.3 billion in the first two months of the year as both exports and imports rose sharply.
Vietnamese businesses exported nearly 850 million medical masks in the first eight months of this year, according to the General Department of Vietnam Customs.
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.