Update news export
Vegetable and fruit prices have plummeted recently because they cannot be exported to China. In fruit centers, farmers are incurring big losses despite bountiful crops.
The customs sector will continue to introduce measures to help Vietnamese enterprises fully tap the benefits brought about by FTAs Vietnam has signed with foreign partners, an official from the General Department of Vietnam Customs has said.
Many Vietnamese exporters have seen a sudden increase in profits during the COVID-19 pandemic.
Vietnam’s plywood exports, despite good growth amid the COVID-19 pandemic, are facing allegations of dumping and evading trade remedies in two largest markets namely the Republic of Korea (RoK) and the US.
The COVID-19 pandemic has caused enormous impacts on Ho Chi Minh City in particular and Vietnam in general.
As France, Italy, and Spain are set to relax coronavirus restrictions, Vietnam-based companies still have to wait a little bit longer to step up their export activities towards the European market.
Export of fresh fruit to China via train using refrigerated containers has contributed to curbing the spread of the COVID-19 pandemic.
Vietnam National Garment and Textile Group (Vinatex) will ask for the Government’s permission to export anti-virus products as a measure to overcome difficulties caused by the novel coronavirus (COVID-19) pandemic.
Vietnamese enterprises are aiming to widen deep processing to diversify products to better serve their export markets.
Vietnam reported a trade deficit of US$100 million in January, according to the General Statistics Office (GSO).
The combined export value of main agricultural products was estimated at 18.5 billion USD in 2019, down 5.3 percent year on year, according to the Ministry of Agriculture and Rural Development.
The forestry sector expects to earn an estimated 11.3 billion USD from exports this year, a year-on-year rise of 20 percent, according to Deputy Minister of Agriculture and Rural Development Ha Cong Tuan.
Vietnam is seeking to develop its information and communications technology industry (ICT) with a focus on domestic firms to make it a key economic sector in the next decade, according to experts.
The export of timber and wood products has exceeded the US$9 billion mark for the first time during the first 11 months of the year, according statistics released by the General Department of Vietnam Customs.
Customs departments are keeping a close watch on investment shifts from foreign countries, especially China, into Vietnam to prevent product origin fraud and illegal transshipments.
Furniture companies and industries in Southeast Asia should pool their strengths and enhance co-operation to achieve prosperity and sustainability, a forum heard in HCM City on Wednesday.