Foreign trade

(VEN) - Vietnam and the US are actively finalizing procedures to open the market for a wider range of products, including oranges, tangerines, plums, and seedless lemons, promising great benefits for the agricultural sectors and consumers of both countries.

The export price of Vietnam’s Robusta coffee beans in the first half of September increased sharply and far exceeded the export price of Arabica coffee beans by nearly US$1,000 per tonne, according to the Vietnam Coffee and Cocoa Association (VICOFA).

HCM City – Vietnam and Belarus have complementary economic advantages and great potential to promote their trade ties, according to participants at the Belarus - Vietnam Business Forum held in Ho Chi Minh City on September 23.

With pangasius exports soaring by 9% to reach nearly US$1.3 billion during the initial eight months of the year, Vietnam is likely to achieve the set target of earning US$2 billion from the export of the fish this year, according to the General Department of Vietnam Customs.

According to the Vietnam Fruit and Vegetable Association (VINAFRUIT), from September 1 to September 20, 2024, Vietnam's fruit and vegetable exports were estimated at 920.380 million USD, up 9.1% over the previous month and up 37.9% over the same period in 2023.

According to data from the General Department of Customs, Việt Nam's exports to the Philippines in the first eight months of 2024 amounted to US$4.07 billion, up 17 per cent year-on-year.

Vietnam’s rubber exports topped 1.7 billion USD in the first eight months of 2024, statistics show.

The United States Department of Commerce (DOC) issued its final conclusion on September 20 on the first review of the anti-dumping and countervailing duty order on laminated woven sacks imported from the Vietnamese market, according to the Trade Remedies Authority of Vietnam (TRAV).

HANOI – The state visit to Cuba by Party General Secretary and State President To Lam next week is expected to further strengthen the two countries’ bilateral relationship, fostering their sustainable trade development.

HANOI – The US has announced the launching of a sunset review concerning the anti-dumping duty orders on uncovered innerspring units from Vietnam, according to the Ministry of Industry and Trade (MoIT)’s Trade Remedies Authority of Vietnam (TRAV).

Vietnam could earn 300 million USD from shipping frozen durian to China on the back of the signed protocol on plant quarantine requirements for the product between the two sides, Director of the Plant Protection Department (PPD) under the Ministry of Agriculture and Rural Development Huynh Tan Dat said on September 19.

A total of eight Tra fish (pangasius) exporters from the nation have been exempt from anti-dumping tax, following the latest review carried out by the US Department of Commerce and the tax was imposed on frozen pangasius imports, according to information given by the Vietnam Association of Seafood Exporters and Producers (VASEP).

Vietnam exported 12,133 tonnes of pepper worth US$63.7 million during the opening eight months of the year, representing a rise of 97.5% in volume and 151.8% in value on-year, according to the General Department of Vietnam Customs.

KD Trading partnered with ST25 producers to import the rice to Canada after thorough market research.

The past eight months of the year witnessed two-way trade between Vietnam and the United States reach US$87.7 billion, with strong growth recorded in both exports and imports.

HANOI – The import-export turnover between Vietnam and China reached nearly 130.8 billion USD in the first eight months of this year, according to the latest statistics from the General Department of Customs.

HANOI - Vietnam saw a gradual recovery of seafood exports during the first eight months of this year, both in terms of demand and price.

Australia’s agriculture, fisheries and forestry exports to Việt Nam reached A$3.7 billion (US$2.5 billion) during 2023-24, with a growing trade in stone fruit.

Việt Nam exported 6.16 million tonnes of rice in the first eight months of this year, up 5.9 per cent over the same period last year, the Ministry of Agriculture and Rural Development (MARD) has said.

HANOI – Despite market recovery, the wood industry needs to overcome formidable challenges to realise the export revenue target of 15.2 billion USD for the whole year, according to insiders.

HÀ NỘI — Prime Minister Phạm Minh Chính received Indonesian President-elect Prabowo Subianto in Hà Nội on September 14, during which he proposed Indonesia soon sign a rice trade cooperation agreement with Việt Nam.

Vietnamese agro-forestry-fisheries exports to the United States surged by nearly 31% to reach US$8.5 billion during the first eight months of the year, according to the Ministry of Agriculture and Rural Development (MARD).

The US Department of Commerce (DOC) has received a request for anti-dumping and anti-subsidy probe into corrosion-resistant steel products (CORE) from 10 countries, including Vietnam, according to the Trade Remedies Authority of Vietnam (TRAV).

HANOI – Market access for agricultural products is a top priority for Vietnam and the US with significant progress made, Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan told visiting the US Department of Agriculture (USDA)'s Under Secretary for Trade and Foreign Agricultural Affairs Alexis M. Taylor at their meeting in Hanoi on September 12.

As Viet Nam’s key export markets show signs of robust recovery, the nation’s exports in August reached an all-time high of US$37.59 billion compared to US$36.24 billion of the previous month.

Hanoi, September 12 – A sharp rise has been recorded in foreign trade over the past few months, and if this upward trend is sustained, this year’s foreign trade turnover is likely to break the record of 732 billion USD set in 2022.

With strong export growth recorded in key agricultural products during the first eight months of the year, the Vietnamese agro-forestry-aquatic sector is likely to rake in US$55 billion this year, according to the Ministry of Agriculture and Rural Development (MARD).

HANOI – Passion fruits have become the fifth kind of Vietnamese fruits to be officially exported to Australia, following mango, longan, lychee, and dragon fruit.

Vietnam exported 8,186 tonnes of cinnamon worth US$22.9 million in August, down 1.7% in value against July, reported the Vietnam Pepper and Spice Association (VPSA).

According to Lao media, two-way trade between Vietnam and Laos reached 1.1 billion USD in the first seven months of 2024, up 16.7% over the same period last year.