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Update news export turnover
VietNamNet Bridge - Vietnam’s catfish farmers have been warned of difficulties ahead as the country is no longer the only big catfish exporter.
VietNamNet Bridge - Imports and exports of the foreign invested sector in 2018 grew more slowly as a result of problems in the global market, while imports from the domestic sector grew by 16.4 percent.
After 140 years of use, the US has decided to leave UPU (Universal Postal Union), saying that the benefits are insufficient. The withdrawal is expected to be a great opportunity for Vietnam’s shipping and delivery service.
VietNamNet Bridge - While foreign enterprises flock to Vietnam as they see it as an attractive market, Vietnamese manufacturers are focusing on selling their products abroad.
Any changes to be made by Samsung are expected to have an impact on Vietnam because of its high contribution to the country’s export and GDP growth.
The lack of materials for processing and the unhealthy competition among tea producers are the consequence of the uncontrolled increase in the number of tea processing workshops.
Economists have expressed concern about the impact on Vietnam’s economy if the second US tariff package of $200 billion is ratified after September 6, saying that Vietnam’s GDP may decrease by 0.03 percent because of the trade war.
Amid concerns about the negative impact of the US-China trade war on Vietnam, a recently released report by Harris Interactive shows optimistic prospects.
Vietnam’s trade activities still have not been affected significantly by the recent trade tension between the US and China because taxed goods are mostly certain types of high-technology products.
VietNamNet Bridge - Vietnam fruits have penetrated 60 markets as food safety standards have improved in recent years.
VietNamNet Bridge - Vietnam’s pepper industry is sustaining a blow in the face of a surplus in the world market.
According to the HCMC Fisheries Sub-department, 16.25 million ornamental fish were exported in the first 10 months of 2017, an increase of 14.5 percent compared with the same period last year.
VietNamNet Bridge - Vietnam’s electronics industry has been growing very rapidly over the last few years, playing an increasingly important role in the country’s industrial production.
VietNamNet Bridge - The high agricultural production growth rate in Q1 2018 has prompted government to set a target of exporting $40 billion worth of farm produce this year.
VietNamNet Bridge - Following a bumper season in 2017, import/exports continued to increase sharply in the first three months of 2018.
VietNamNet Bridge - Vietnamese honey companies have been exporting raw honey at low prices to other countries from which products are re-exported at high prices with foreign labels.
VietNamNet Bridge - Amid a massive invasion of foreign goods in the domestic market, experts remain optimistic about the strong rise of some Vietnamese brands.
Vietnam is in the peak harvest season for the 2018 pepper crop, but sharp price falls and market problems all signal a challenging year for the pepper industry.
VietNamNet Bridge - In 2017, Vietnam exported 353,000 tons of cashew nuts, worth $3.52 billion, an increase of one percent in quantity and 23.8 percent in export turnover compared with 2016.
Despite several obstacles, Vietnam’s exports met and surpassed the targets set by the National Assembly and Government in 2017.