Foreign trade

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.

In June, the Vietnam Trade Office in Pakistan mobilised and directly led a delegation of Pakistani businesses to participate in the 2024 International Supply Chain Connection event in Ho Chi Minh City.

HANOI - The official visit to Russia by National Assembly Chairman Tran Thanh Man, which will see the top legislator co-chairing the third session of the Vietnam-Russia Inter-Parliamentary Cooperation Committee, is expected to create new momentum for bilateral trade – a highlight in the two nations’ relationship since they established diplomatic ties in 1950.

Hanoi – Fresh coconuts, a burgeoning contributor to Vietnam's agricultural exports, are poised to make a substantial impact on the nation's economy through increased shipments to China, according to officials.

Vietnam earned US$6.3 billion from exporting aquatic products during the opening eight months of the year, an annual rise of 9%, reported the Vietnam Association of Seafood Exporters and Producers (VASEP).

Vietnam's fruit export revenue hit US$4.63 billion in the first eight months of 2024, representing an increase of 30.6% compared to the same period last year, thanks to the opening of several key markets.

Vietnam’s total import-export revenue hit US$511.11 billion in the first eight months of the year, representing a year-on-year rise of 16.7%, the General Statistics Office (GSO) said on September 6.

Vietnam has racked up a trade surplus of nearly US$15.5 billion, with total import and export turnover by mid-August reaching US$473 billion, up nearly 17% year on year, according to the General Department of Vietnam Customs.

Vietnam has imposed an anti-dumping duty on polyester filament yarn imports from India, Indonesia, Malaysia and China, according to the Trade Remedies Authority of Vietnam at the Ministry of Industry and Trade.

Hanoi - Vietnam exported 6.16 million tonnes of rice in the first eight months of this year, up 5.9% over the same period last year, the Ministry of Agriculture and Rural Development (MARD) has said.

The United States surpassed China to become the largest export market for Vietnam’s agricultural, forestry, and fishery products in the first eight months of this year, according to the Ministry of Agriculture, Rural and Development (MARD).

Instead of traditional markets, textile and garment enterprises are striving to seek new markets for their products to diversify their market and increase profits.