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Egypt agrees to import 1 million tonnes of rice from Vietnam

Egypt has agreed with Vietnam to import one million tonnes of white rice for the next three to four months after curtailing cultivation earlier this year, head of the rice division of the Egyptian Federation of Industries Rajab Shehata said last week. Egypt to import 1 million tonnes of white rice from Vietnam — Photo tapchitaichinh.vn According to the Vietnam News Agency correspondent in Cairo, Rajab ...

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Vietnam spends $2.1bn importing 94,000 cars in 2017

Car imports declined in both volume and value compared to 2016 Vietnam’s completely built-up (CBU) car imports dropped in both volume and value in 2017 compared to a year earlier, as local importers had anticipated a major tax cut that kicked in at the start of 2018. The Southeast Asian country spent US$2.154 billion importing 94,000 CBU units – vehicles manufactured and assembled in ...

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Local fast goods sales overtake imported ones

The 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 ...

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Switzerland imports over 50 percent shrimp from Vietnam

During the 10-year period (2007-2016), Vietnam was consistently the largest shrimp supplier for Switzerland, accounting for over 50 percent of total Swiss shrimp imports. Illustrative image - Source: VNA This was stated by the Vietnam Association of Seafood Exporters and Producers (VASEP). Switzerland accounts for 0.5 percent of total shrimp import value in the world, mainly importing shrimp for domestic consumption. Each year, this ...

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Algeria to export dates to Vietnam

A 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. ...

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Vietnam’s fruit imports from RoK surge

The Republic of Korean (RoK)’s exports of pears and apples to Vietnam have soared in the past years, according to the Korea Agriculture Food Trade Association. A consumer shops at a supermarket - Photo: VNA The RoK’s pear exports to Vietnam surged by 9,440 times in the 2011-2016 period, from 52,000 USD in 2011 to 4.96 million USD last year. Its apple exports to ...

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China intensifies import of Vietnamese farm produce

China has allowed Vietnamese agricultural and aquatic products to be exported through Mong Cai border gate in the northern province of Quang Ninh, according to the Ministry of Industry and Trade.                    Trade exchange activities through Mong Cai border gate, Quang Ninh province The ministry requested Mong Cai city to get well-prepared to facilitate exports of the ...

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Vietnam spends over US$1 billion importing vegetables, fruits

Viet Nam imported vegetables and fruits worth US$1.02 billion in the first eight months of 2017, a year-on-year increase of 94 percent. In August alone, the country spent nearly US$170 million on imported green produce — Photo kinhdoanhgioi.net Of this, the Ministry of Agriculture and Rural Development said, the import value of vegetables was around US$200 million, while fruits imports were more than US$800 ...

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Local company exports sprayers to Cuba, Myanmar

Duc Dat Plastic Company in the Tan Tao industrial zone plans to export around 16,000 sprayers used in agriculture and industry valued at US$120,000 to Cuba and Myanmar. The company’s Vice Director Tran Thi Mai Trang said both nations are new markets Duc Dat has made their foray since late last year, adding that it is very important for her firm to explore the ...

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Stiff import competition – an opportunity for the fresh fruit segment

Fresh fruit imports into the major metropolitan areas of Vietnam have been growing rapidly since the beginning of the year, thanks in part to the country’s growing middle income population, experts have said.                              This new-found class is spawning the emergence of a new generation of Vietnamese consumers willing to spend ...

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