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Exports to Saudi Arabia drop sharply

Exports to Saudi Arabia fell by 24.61% to US$335.9 million in the first ten months of this year, according to statistics from the General Department of Vietnam Customs. Most export products to the market, even key items saw a decline, such as telephones and components (down 39% to US$100 million, accounting for 44% of total export value), seafood (down 11.85% to US$51.6 million) and ...

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Can Tho to boost win-win cooperation with Laos

The Mekong Delta city of Can Tho will boost mutually-beneficial cooperation with Laos in mechanical engineering, handicraft, apparel and services in the near future, said Vice Chairman of the municipal People’s Committee Truong Quang Hoai Nam.     According to Nam, Laos has formed partnerships with the Lao provinces of Savannakhet and Champasak in the fields of agriculture, industry, education-training, commerce, tourism and transport.  ...

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Boosting Exports to China through Official Channel

Vietnam - China trade relations have developed both in width and in depth. The two-way trade value has been on the steady rise, with many years beating expectations of both nations. Besides, Vietnam is advancing its international integration, powered by the Trans-Pacific Partnership (TPP), and bilateral and multilateral free trade agreements (FTAs). Momentous advantage in trade cooperation China is now one of the largest ...

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Local textile, garment businesses face difficulties in 2017

The textile and garment sector will continue facing challenges in 2017 due to fierce competition by other major exporters such as China, India, Bangladesh and Pakistan while global demand is forecasted to slow down. Le Tien Truong, General Director of the National Garment and Textile Group (Vinatex) said textile and garment exports to the US and the EU will also be under negative impacts ...

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7 difficulties in exporting to China

 Although China is a potential market for Vietnam, currently, enterprises still have many difficulties when exporting to China such as tariffs, lack of information and language, etc. China also has a large demand for exported goods by Vietnam such as seafood. Photo: Nguyễn Huế From 2014 till now, China has passed Japan to be the second largest exporting market of Vietnam after US. Also, ...

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Agri-forestry-fishery exports to hit US$31 billion

 Agri-forestry-fishery exports are expected to grow by 1.2-1.4% to reach US$31 billion this year, said the Ministry of Agricultural and Rural Development (MARD) representative at a press conference in Hanoi on November 9. Key industries such as livestock and fishery still develop well despite numerous difficulties including natural disasters confronting eight central provinces. According to the report, total export value jumped by 63% to ...

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10-month export turnover hits US$144 billion

Vietnam’s export value in the first ten months reached US$144.1 billion, up 7.2% from the same period last year, according to the Ministry of Industry and Trade (MoIT). Of the amount, the domestic sector earned 41.4 billion USD, up 4.9 percent, and the foreign-invested sector 102.7 billion USD, an increase of 8.1 percent year on year.  However, the growth of export value is below ...

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Seafood Exports Maintain Growth Momentum

According to the Ministry of Agriculture and Rural Development of Vietnam, seafood export value was estimated at US$687 million in October, pushing the value of seafood exports in the first 10 months to reach US$5.7 billion, up 5.9 per cent compared to the same period of 2015. In particular, the United States, Japan, China and South Korea are the 4 leading importers of Vietnamese ...

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By October 15th: Total import-export turnover reached nearly $US 268.39 billion

According to the latest preliminary statistics of the General Department of Customs, by the end of October 15th, 2016, the total import-export turnover of Vietnam reached nearly $US 268.39 billion, up 4.4% (equivalent to an increase of nearly $US 11.36 billion) compared to the same period of 2015. The total import-export turnover of Vietnam in the first period of October 2016 (from 1-10 until ...

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Rice exports hit US$1.9 billion

Vietnam exported 368,000 tons of rice in October to get US$164 million, bringing the total rice export volume for 10 months leading up to November to 4.2 million tons with a value of US$1.9 billion, down 21.2% in volume and 16.9% in value against the corresponding period last year. According to the Ministry of Agriculture and Rural Development, Vietnam had to lower the export ...

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