According to the Ministry of Agriculture and Rural Development, the price of 5% broken rice of Vietnam in October is US$425 - 430/ton. With this price, the price of this rice is higher than that of India at US$48-51/ton and Thailand at US$18-27/ton.
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The Philippines is the top importer of Vietnamese rice during January – September this year, accounting for 43.9% of the country’s total export of the grain, according to the Ministry of Agriculture and Rural Development (MARD).
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The Protocol recently signed by the Vietnamese Ministry of Agriculture and Rural Development (MARD) and the General Administration of Customs China (GACC) will bring opportunities and benefits to Vietnamese banana growers and exporters, said MARD Minister Le Minh Hoan.
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The domestic sugarcane and sugar industry expects to continue output growth with the 2022-23 crop thanks to the positive production performance and the tariff policy's efficiency for importing sugar.
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On October 19, at the Vietnam Logistics Forum for development and transformation organized by the Vietnam Logistics Service Association (VLA), Business Forum Magazine and SLP Vietnam Company, experts pointed out many inadequacies, as well as development advantages of this particular service industry.
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Textile and garment businesses are facing pressure due to weaker purchasing power caused by mounting inflation and other global uncertainties.
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Due to the ongoing conflict in Ukraine, and many European countries turning their backs on the supply of gas from Russia, the export potential of wood, and especially wood pellets, is on an upward trend.
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Vietnam is seeing great opportunities in the US market, said Commercial Counsellor in the US Do Ngoc Hung who showed optimism about Vietnam-US trade prospects.
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The strong foreign direct investment (FDI) inflow from the Republic of Korea (RoK) has been giving a significant push to Vietnam in the battle to move up the global value chain ladder and promote sustainable development.
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Tra fish exports to member countries of the Association of Southeast Asian Nations (ASEAN) have been rising sharply, and this market is forecast to surpass the European Union in terms of catfish imports from Vietnam in the near future, the Cong Thuong (Industry & Trade) newspaper reported.
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