Vietnam was China's eighth largest trading partner in 2019 before its rise to sixth in 2020. It is China's eighth largest supplier of goods and fifth largest export market. … [Read more...] about Vietnam becomes 6th largest trading partner for China
Largest exporters 2018
Thailand’s rice exports remain gloomy this year
Bangkok (VNA) – Thailand’s rice exports are expected to recover slightly from an estimated 5.8 million tonnes in 2020, which was the lowest in 20 years due to weak global purchasing power caused by the COVID-19 pandemic, a container shortage and the strong baht. Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association (TREA), said he believes that rice exports will reach 6.5 million tonnes at best this year, up from an anticipated 5.8 million tonnes worth 110-120 billion baht (3.65-3.98 billion USD) in 2020. Rice exports remain gloomy this year, as consumers worldwide are likely to opt to save their money and buy rice at cheaper prices, he stated. He took Malaysia as an example as the country has now started buying more rice from India with cheaper prices, instead of Thailand and Vietnam. According to him, the container shortage is another obstacle for rice export prospects, citing the Thai National Shippers’ Council’s expectation that … [Read more...] about Thailand’s rice exports remain gloomy this year
Vinamilk exports first huge batch of milk to China in 2021
Vinamilk's products made for the Chinese market are seen on conveyor belts – PHOTO: VNA HCMC - The Vietnam Dairy Products JSC or Vinamilk exported 10 containers of premium plant-based milk products to China, marking its first shipments of milk to the northern neighboring market this year. … [Read more...] about Vinamilk exports first huge batch of milk to China in 2021
Indonesia aims to become world’s largest vannamei shrimp producer
Jakarta (VNA) – Indonesian Maritime Affairs and Fisheries (KKP) Minister Sakti Wahyu Trenggono is targeting to turn the country into the world's largest vannamei shrimp producer by pushing production to 16 million tonnes annually from the current figure of below one million tonnes. As reported by the local news agency Antara, to achieve this goal, Indonesia must begin developing new shrimp ponds spanning 200 thousand hectares until 2024. Currently, the country’s annual vannamei shrimp production is less than one million tonnes, below that of China, Ecuador, Vietnam, and India. "If we succeed in developing 200 thousand hectares of shrimp ponds, with two harvest cycles of 80 tonnes per hectare per year, based on an economic analysis, it could generate nearly 1,200 trillion rupiah," Minister Trenggono was quoted by Antara as saying. He added that the development also aims to build a strong defense system to protect the nation’s maritime wealth. Trenggono revealed … [Read more...] about Indonesia aims to become world’s largest vannamei shrimp producer
Trade ministry proposes exporting 1.5 million tons of coal
Under the ministry’s proposal, TKV will ship 1.5 million tons of coal to foreign markets, while Dong Bac Corporation will export 50,000 tons. Of the total, coal dust of types 1, 2 and 3 will account for over one million tons, Thanh Nien Online reported. … [Read more...] about Trade ministry proposes exporting 1.5 million tons of coal