Trade

Vietnamese agro-products such as cashews, coffee, vegetables, dragon fruits, lychees, coconuts, figs, pineapples, avocados, guavas, mangoes and mangosteens are favored in the EU. Some Vietnam’s organic products have entered this meticulous market as they have met exclusive criteria for high-quality agro-products like Organic certification, Rainforest Alliance, Fairtrade certification, etc. Farm produce import accounts for 8.4% of the total imports of the EU. … [Read more...] about Macfrut Digital 2020: The digital trade show for the entire fruit and veg sector

The US was the largest export market of Vietnamese agro-forestry-fishery products with a revenue of more than US$6.3 billion for the period, up 14.2 percent, accounting for 24.13 percent of the export market share. China came second with revenue of US$6.28 billion, a drop of 10.1 percent, accounting for 24 percent of market share. Agro-forestry-fishery exports to other major markets also saw decreases – falling 2.2 percent in the EU market to US$2.5 billion, 11.4 percent in the ASEAN market to US$2.24 billion, and 1.8 percent to Japan at US$2.2 billion. … [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

“The world is still mired in troubles caused by the Covid-19 pandemic. Conventional exhibitions and trade shows have had 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 will help enterprises seeking to overcome the difficulties caused by the pandemic and diversify the trade promotion activities of the fruit sector, which Macfrut has carried out effectively 37 times over the past years,” said the organizing board. … [Read more...] about Fruit and veggie digital trade show attracts over 600 exhibitors