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Exporters are worried about a rapid increase in the price of pangasius catfishes

The price of pangasius is increasing sharply, making the farmers excited, but the export processing enterprises have difficulty in fulfilling their signed orders.   The price of pangasius catfishes has increased, bringing profits for farmers. According to the Vietnam Association of Seafood Exporters and Producers (VASEP), in the first week of April 2017, the price of raw fishes in the Mekong Delta suddenly increased ...

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US BAT Policy Hits Vietnam Export

  Exporters to the United States may anticipate the US tax adjustment policy and use their monetary policy to reduce their currency value against the US dollar to counter border adjustment tax (BAT). This makes their exports cheaper and serves as a counter measure to cheaper exports of the US and a BAT rate of 20 per cent. In his address to the Congress ...

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Agro-Forestry-Fishery Exports Up 7.6 Pct in Q1

The Ministry of Agriculture and Rural Development said the export value of agricultural, forest and aquatic products was estimated at US$2.9 billion in March, totalling US$7.6 billion in the first three months of 2017, up 7.6 per cent year on year. Particularly, the value of agricultural exports was projected at US$4.2 billion in the first quarter, up 13.5 per cent over the same period ...

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Vietnam, China account for 45% of ROK aluminium exports

The Republic of Korea ROK is today one of the key aluminium producers in Asia with consumption primarily driven by demand in the Vietnamese and Chinese manufacturing sector according to official studies. The studies forecast that industrial production in the ROK will grow on average 5.9% per year through 2025, driven by expanded consumption in Asia, already at record highs, even further. Vietnam and ...

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Import-export earnings estimated over US$89.3 billion

Vietnam was estimated to have an import export value of 89 36 billion USD in the first three months of 2017 with the figure for March alone hitting about 33 7 billion USD said the General Department of Vietnam Customs. The three-month sum represented a 17.5% increase compared to the same period last year. Of which, export reached US$43.73 billion, up 12.8% year-on-year. Computers, ...

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$US 133 million per day from phone exports

 In the first half of March 2017, there were 3 commodity groups with an export turnover of $US 1 billion or more.   $US 133 million per day from phone exports. According to the latest information from the General Department of Vietnam Customs, in the first half of March 2017, the leading industries in the field of export were still as follows: phones; textile ...

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Main exports in the first 2 months of 2017

The export structure of Vietnam in the first 2 months of 2017 did not change much compared to 2016. Specifically, the 10 largest export commodities of Vietnam accounted for 71.5% of total export turnover.      The 10 largest export commodities of Vietnam accounted for 71.5% of total export turnover. The largest export commodity of Vietnam include mobile phone and accessories which account for ...

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Vietnam Sees Three More Exports Each Exceed US$1 Billion in Revenue

Three more Vietnamese exports saw their revenues surpass US$1 billion after the first two months of 2017, according to data released by the Ministry of Industry and Trade. They include machinery, transport vehicles and timber products which generated a combined revenue of US$3.986 billion, raising Vietnam’s total export revenues to US$27.3 billion in the January-February period. Of the US$27.3 billion, domestic enterprises contributed US$7.6 ...

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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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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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