There is still plenty of room for trade growth, and Vietnamese firms could rely on online platform to expand their market reach in the UK.
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With stable and high demand for specialty rice from Asia, the European Union (EU) remains a highly potential market for rice exporters of Việt Nam, the Đầu Tư (Vietnam Investment Review) reported.
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Bac Ninh and Ho Chi Minh City achieved an export turnover of more than US$40 billion, continuing to be the two leading positions in the country.
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Economic and industrial parks nationwide drew 539 foreign-invested and 615 domestic projects with a total registered capital of 12.8 billion USD last year despite COVID-19 pandemic, up 15 percent annually, reported the Ministry of Planning and Investment (MoPI).
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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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