Việt Nam's pangasius (tra fish) export turnover is forecast to reach US$1.7 billion this year, up 13 per cent year on year, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).
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Việt Nam’s agricultural produce sent to China are, including those sent via unofficial channels, quality products. Quality has no bearing on them being stopped at customs, Deputy Minister of Agriculture and Rural Development Trần Thanh Nam told the ministry’s meeting on Wednesday in Hà Nội.
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To support the export of agricultural produce, the Ministry of Agriculture and Rural Development (MARD) has proposed the Ministry of Transport find solutions to the problem of a shortage of refrigerated containers and excessively high container rental prices.
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Vietnam ranked third in the world in terms of rubber export value, with 3.24 billion USD in 2021, up 36.2 percent from the previous year, the Ministry of Agriculture and Rural Development (MARD) said.
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Being flexible in accessing distribution systems, overcoming logistical difficulties and making good use of free trade agreements (FTA) are important factors for Vietnamese goods to better access the Eurasian market in the coming time, said insiders.
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Vietnam earned nearly 336.25 billion USD from exports in 2021, up 19 percent from the previous year, the Ministry of Industry and Trade (MoIT) reported on January 9.
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The Ministry of Industry and Trade (MoIT) has said this year it will closely coordinate with several foreign multinationals like Samsung and Toyota to connect with local suppliers of materials and accessories, in an effort to seek alternative supply for imports in both short and long terms.
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Two-way trade between Vietnam and Laos is estimated at 1.3 billion USD in 2021, a year-on-year rise of 30.3 percent, according to Deputy Minister of Industry and Trade Tran Quoc Phuong.
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As vegetarians make up a large proportion of Indian population and people in the country consume imported dragon fruit at weddings, it is a huge potential market for Vietnam’s dragon fruit, according to trade counsellor Bui Trung Thuong.
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Industry continued to prosper last year, with added value increasing by 4.82 per cent compared to 2020, which will be an important factor in boosting national economic growth in 2022.
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