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Eight-month wood export turnover up 10.3 percent

According to the Ministry of Agriculture and Rural Development’s Vietnam Administration of Forestry, the export value of wood and wooden products in the period was 7.32 billion USD, up 9.6 percent over the same period last year. The export of non-timber forestry products surged 21.6 percent, reaching 511 million USD. The US, Japan, China, the […]

Vietnam enjoys boost in rice exports to Africa

According to statistics released by the Vietnamese Trade Office in Algeria, both the Algerian market and the African market in general have seen a high demand for rice consumption as a result of the increasing number of Asian workers based there. This boost in rice imports can largely be attributed to issues within Africa itself […]

Cassava starch exports to China skyrocket

According to the Department of Agro-Processing and Market Development under the Ministry of Agriculture and Rural Development, the average export price of cassava and cassava products during the eight-month period was recorded at US$347.4 per tonne, a drop of 10.4% from the corresponding period last year. China remained a major export market for the country […]

Local peppers enjoy boost in exports to Germany

According to the statistics released by the International Trade Commission, Germany imported 5,373 tonnes of pepper worth US$11.88 million from Brazil throughout the reviewed period, representing a decline of 13.8% in volume and 23% in value in comparison with the same period from last year. This has come alongside the Central European country increasing imports […]

Vietnam eyes 2.5 pct GDP growth despite pandemic

Minister of Planning and Investment Nguyen Chi Dung announced the target at a meeting Friday, saying the country has so far been able to sustain economic growth despite the many challenges brought by the pandemic, which have tipped some economies into recession. Dung also forecast GDP next year of 6.7 percent. To sustain growth, the […]

EU, US consumers keen on Vietnamese tuna, shrimp

Following a long period of enduring a downward trajectory, Vietnamese tuna exports to the EU enjoyed a rise of nearly 65% in July. This growth has served to boost the proportion of total local tuna exports to the EU market throughout the seven-month period to more than 20%. Most notably, the nation’s tuna exports to […]

Shrimp export to RoK sees positive growth

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietnam is exempt from import tax on shrimp in the Republic of Korea up to 15,000 tonnes a year under the Vietnam-Korea Free Trade Agreement (VKFTA). Vietnam only ships around 2,500 tonnes. To utilise the opportunity, VASEP said shrimp exporters need to improve quality […]

Rice exports enjoy vigorous growth during eight-month period

According to the Vietnam Food Association, the price of Vietnamese export rice has experienced an upward trajectory in recent times, with the export price of 5% broken rice in August hitting a record high, even outstripping that of Thailand. Most notably, over the past three decades, this marks the first time that the country has […]

Salt industry development plan for 2021-2030 approved

Accordingly, by 2025, the total salt production area will be maintained at 14,500 hectares for turning out 1.5 million tonnes of salt per year. In the period, investment is earmarked for building infrastructure and purchasing manufacturing – processing machines following market demand. Priority will be given to making quality salt products serving domestic demand. Capital will be poured into […]

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