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Update news chinese market
There remains ample room for Vietnam's exports to China and the growth will be directly proportional to the quality improvement of products by domestic enterprises.
The Vietnam Railway Corporation (VNR) has said it will launch a train service connecting Cao Xa Station in the northern province of Hai Duong to China on April 23.
The trade of goods across the Vietnam-China border has returned to a pre-Covid-19 level of activity.
Durian flesh price has soared to VND850,000 per kilogram, even though Vietnam produces one million tons of the fruit a year.
Thousands of Chinese travelers arrive daily in Mong Cai City in Quang Ninh province. The municipal authorities are now worrying about a "zero-dong tour" comeback.
The Ministry of Industry and Trade (MoIT) has received a proposal to initiate an anti-dumping investigation of hot-rolled coil (HRC) imported from China from two domestic manufacturing enterprises.
Local cultivation and plant protection authorities and relevant agencies must prepare a list of growing areas and packaging facilities registering to export fresh coconut and frozen durian to China before April 1.
Though it is a large exporter, China spent $24.4 billion in 2023 to import veggies and fruits. A large proportion of those imports came from Vietnam.
Analysts have noted strong investment from China in manufacturing and support industries, warning that this will pose challenges for Vietnamese enterprises in the field.
Many trucks heading toward the China border are exporting large quantities of Vietnamese farm produce.
China became the second largest importer of Vietnamese seafood behind Japan in January, with shrimp and pangasius imports witnessing a four-fold rise compared to the same period last year.
Vietnam expects to increase its agricultural exports to China as the neighbouring country agreed earlier this year to review regulations permitting the official export of Vietnamese poultry meat.
Tropical rock lobster, a high-end seafood product, has become cheap because of oversupply and far fewer imports from China, the top buyer.
China was the only market that witnessed positive growth in Vietnam’s farm exports in 2023, while negative growth rates were reported for all other key markets.
Vietnam Railway Authority is working with its Chinese counterpart to create a standard gauge rail link between the two nations in Lao Cai Province.
VN is about to sign a protocol for avocado and passion fruit exports with the General Administration of Customs of China, bringing the total agricultural products exported to the Chinese market in this form to 8.
Vietnam’s durian, or ‘king of fruit’, brought turnover of $2.3 billion in 2023 while Thai market share for durian in China fell sharply.
Deputy Minister of Agriculture and Rural Development Tran Thanh Nam had good news for millions of avocado and passion fruit growers and animal breeders after returning from a business trip to China.
China was the biggest buyer of Vietnam’s agro-forestry-fishery products in 2023, and it is expected to remain a promising market with numerous opportunities for Vietnamese farm produce to increase the market share and export value.
Seven Vietnamese businesses have been granted permission to export their bird's nest products to the Chinese market.