Trade

According to the organizing board, “The world is still mired in troubles caused by the Covid-19 pandemic. Many countries close their borders, restrict transportation, implement social distancing and temporarily suspend unnecessary activities, which exert serious impacts on economic, commercial and marketing activities. Conventional exhibitions and trade shows have to be postponed or canceled, thus limiting the exchange of customers around the globe. In this context, online exhibitions or trade shows are the best way for businesses to meet their partners internationally. Macfrut Digital 2020 thus goes hand in hand with enterprises, aiming to overcome difficulties caused by the pandemic, and diversify trade promotion activities of the fruit sector, which Macfrut has carried out effectively 37 times over the past years.” … [Read more...] about Macfrut Digital 2020: The digital trade show for the entire fruit and veg sector

In late August 2020, the Trung An Hi-Tech Agriculture Joint Stock Company (Can Tho Province) exported the first batch of fragrant rice to the EU since the entry into effect of the EU-Vietnam Free Trade Agreement (EVFTA) on Aug 1. General Director Pham Thai Binh said the company exported about 150 tonnes of rice under an export contract of 3,000 tonnes of two varieties of fragrant rice, ST20 priced at US$1,000 per tonne and Jasmine rice at US$600 per tonne. The deal proves that high quality Vietnamese rice can enter the high-end market at higher value, especially under the preferential zero percent taxes stipulated by the EVFTA. … [Read more...] about Agro-forestry-fishery exports record trade surplus

At a meeting reviewing the 2016-2020 socio-economic developmentplan, the MoIT said the domestic market played an important role in goods consumption, contributing to poverty reduction and ensuring social welfare, evidenced by a growth of nearly 9.2 percent in retail and services revenue in the last five years. … [Read more...] about Domestic trade to contribute 13.5 percent of GDP by 2025

The export value of main agricultural products was estimated at nearly $12 billion; that of aquatic products at $5.2 billion; that of key forest products at $7.83 billion, an increase of 10.3 percent. Meanwhile, in the opposite direction, imports of agricultural, forestry, and fishery products in the past eight months reached $19.95 billion, down 2.5 percent compared to the same period last year. The whole agricultural, forestry, and fishery sector saw a trade surplus of $6.2 billion, an increase of 4.9 percent compared to 2019. … [Read more...] about Agricultural sector has trade surplus of above US$6 billion

Macfrut Digital 2020, a trade show representing the supply chains of the agricultural cultivation and production sector, is an online meeting venue for the vegetable and fruit sector in production, trading, machinery and planting, packaging, agricultural machines, greenhouses and irrigation systems, nursery and seeds, fertilizers and bio-stimulants, logistics and storage and bodies and services, among others. … [Read more...] about Fruit and veggie digital trade show attracts over 600 exhibitors