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Textile and Garment Industry still in a difficult position

The Textile and Garment industry went through 2016 witha lot of turbulence. Export did not achieve its objectives, only reached $US 28.3 billion, grew by more than 5% - this is the lowest growth rate in the last 10 years. These difficulties are forecast to continue in 2017,together with the intrinsic difficulties are enormous obstacles toTextile and Garment enterprises in the near future.   ...

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Handicraft export value hits 1.6 billion USD yearly

Illustrative image (Source: VNA) The export value of Vietnam’s handicraft products has averaged 1.6 billion USD per year since 2000. According to the Ministry of Agriculture and Rural Development, the country has 5,411 handicraft villages, of which 1,864 are traditional handicraft villages. Annually, the number of business households in rural areas increases by 8.8-9.8 percent, producing a production growth rate of about 15 percent. ...

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The trade surplus of more than $US 370 million to Japan in early 2017

In early 2017, exports to Japan have increased slightly and imports from Japan have decreased, which has created a trade surplus for Vietnam.   The graph shows exports and imports between Vietnam and Japan from 2012 to 2016. Unit: $US billion (blue: exports and red: imports). According to statistics of the General Department of Vietnam Customs, by the end of January 2017, Vietnam exports ...

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Vietnam earns 392 mln USD from rubber export in two months

https://www.youtube.com/watch?v=du7xdH-u7QI Vietnam shipped abroad an estimated 193,000 tonnes of rubber for 392 million USD in the first two months of this year. The figures represent increase of 25.4 percent in volume and 2.4 times in value against the same period last year. According to the Ministry of Agriculture and Rural Development, domestic rubber market recorded signals of recovery as rubber prices remarkably increased in ...

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Wood product exporters ready to expand global market share

The export of wood and wood products is expected to fetch 8 billion this year up from 7 3 billion last year Huynh Van Hanh, deputy chairman of the Handicraft and Wood Industry Association of HCM City (Hawa), said global demand for furniture will continue to increase, so the domestic industry can look forward to doing better. According to preliminary statistics compiled by the ...

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Vietnamese Chicken Products to Be Exported to Japan

Processed products from chicken breast raised in the southern province of Dong Nai will be exported to the Japanese market for the first time this July. This will be the first batch of products from chicken farms in Dong Nai and southeastern provinces to be shipped to the Japanese market, opening up big opportunities for a domestic chicken-raising industry currently faced with difficulties. The ...

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Binh Duong and Thai Nguyen exceeded Bac Ninh on exports

Finishing 2016, Bac Ninh was the second largest export province of the country, far exceeding the next provinces which were Thai Nguyen and Binh Duong, but in January, 2017, the situation was reversed.   Chart: T. Binh 5 key provinces According to the update by the General Department of Vietnam Customs, till the end of January 2017, Ho Chi Minh city continued to be ...

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Brazil to Import Robusta Coffee from Vietnam

The Brazilian Ministry of Agriculture’s manager in charge of coffee, Silvio Farnesi, has said that the government has approved the importation of robusta coffees for the first time in history, including those from Vietnam, in order to meet domestic demand for instant coffee production. The approval on February 15 forced imported robusta to be subject to a 2% tariff. Brazil plans to import one ...

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Mobile phones exported to South Korea increased by more than 100%

While mobile phones exported to important markets slightly increased or decreased, mobile phones exported to South Korea sharply increased by 107.7%.   Illustrative photo. According to the latest statistics of the General Department of Vietnam Customs, in January 2017, Vietnam exported mobile phones to 37 countries and territories. Notably, compared to the same period in 2016, South Korea has surpassed the United Arab Emirates ...

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Rice exports of Vietnam face tough year ahead

Vietnam farmers face another difficult year as confidence falters with industry analysts particularly pessimistic the country will reach overseas sales of more than five million metric tons in 2017 the Vietnam Food Association has said Speaking at a recent industry forum in Ho Chi Minh City, Huynh Minh Hue, secretary of the Association, noted that in 2016 rice exports dropped 25.5% in volume and ...

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