The Hanoi People’s Committee recently issued an export promotion plan aiming to raise the 2018 export value to US$12.7 billion, up 7.5-8 percent compared with 2017. In 2017, Hanoi’s export value reached an estimated US$11.78 billion, up 10.3 percent compared with 2016. Specifically, the export value of foreign-invested companies reached an estimated US$6.03 billion, accounting for 51.2 percent of the total and up 15.4 ...
Read moreVietnam exported 293,960 tonnes of fruits and vegetables worth 620 million USD in the first two months of 2018, a year-on-year rise of 47 percent and 47.6 percent, respectively. Fruits made up 87% of the total value, according to General Department of Customs. China topped the list of importers with 79.54% of Vietnam’s fruit-vegetable market share, followed by the US (3%), Japan (2.9%), Thailand ...
Read moreVietnam may export 6.5 million tonnes of rice in 2018, according to Deputy Minister of Agriculture and Rural Development Ha Cong Tuan. High-quality rice accounts for a large proportion of total rice export volume and normal rice makes up less than 20%, Tuan said. Vietnam shipped 861,000 tonnes of rice abroad in the first two months of this year, earning US$419 million, up 17% ...
Read moreThe sale of domestically produced goods in the Fast Moving Consumer Goods (FMCG) sector such as milk and dairy products, instant noodles and “refresher” drinks is growing faster than those produced by foreign manufacturers. In 2016, sales by local players in Vietnam grew seven percent in value, compared to five percent two years ago, and contributed 42 percent to total FMCG sales in the ...
Read moreThe Ministry of Industry and Trade says fruits and vegetables have become Vietnam’s biggest farm produce export and are expected to set a new record in 2017. Fresh mango is the second Vietnamese fruit licensed for import into the US this year Expectations According to the Vietnamese Embassy in Washington, the US Department of Agriculture has officially licensed Vietnam to export fresh mango to ...
Read moreVietnam has many opportunities to export commodities, particularly in agricultural products and food, to Africa and the Middle East, heard a conference held by the Ministry of Industry and Trade in Ho Chi Minh City on December 19. Illustrative image - Photo: VNA The conference aimed to give local exporters an overview of markets, trade policies, business etiquette and export opportunities in African and ...
Read moreA representative from Algeria’s Ministry of Agriculture revealed that the country is conducting all necessary procedures to export dates to Vietnam. Processing dates in Algeria - Photo VNA Particularly, some Algerian businesses have found Vietnamese partners to negotiate conditions to distribute this product in the Southeast Asian country. ...
Read moreIn order to increase export turnover, Hanoi has implemented activities on trade promotion, cooperation, and support among enterprises in the city. The capital’s export turnover made breakthroughs in 2017, with one of six socio-economic targets exceeding the plan. A production line at the Dong Xuan Knitting Company In 2017, Hanoi’s export turnover was estimated to reach US$11.542 billion, a year-on-year increase of 8%, with ...
Read moreSignificant contributions to the trade surplus achieved in recent months stemmed from the success of key export sectors in overcoming difficulties. Tra fish is among products that have successfully overcome export difficulties in recent months Phones, rice and fish Telephones are among key Vietnamese exports, accounting for 20 percent of the country’s total export value. However, due to the Samsung Galaxy Note 7 explosion ...
Read moreSignificant contributions to the trade surplus achieved in recent months stemmed from the success of key export sectors in overcoming difficulties. Tra fish is among products that have successfully overcome export difficulties in recent months Phones, rice and fish Telephones are among key Vietnamese exports, accounting for 20 percent of the country’s total export value. However, due to the Samsung Galaxy Note 7 explosion ...
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