Export

The export value of vegetables and fruit to this market reached $11.1 million in August, up 13.66 percent over the same period last year, according to the General Department of Vietnam Customs. Six kinds of Vietnamese fruit have been exported to the Asian market including: coconuts, pineapples, white and red dragon fruit, mangoes and bananas. However, the number of fruit exported to South Korea is still low. Banana volume accounts for approximately 2 percent of total imports of the fruit. Meanwhile, the figure of the Philippines is about 75.8 per cent. Vietnam’s pineapple volume accounts for 0.62 percent, while the volume imported from the Philippines accounts for 93 percent of the total. Vietnam is cooperating with South Korean agencies to open more markets for other fruit like pomelos, lemons, longans, rambutans, and lychees. … [Read more...] about Fruit exports to South Korea surge

Rice harvesting in Hau Giang Province. (Photo: SGGP) The price of rice increased slightly compared to September this year. Noticeably, when localities loosen social distancing, travel and the consumption of rice become more convenient. Enterprises have also boosted the export of rice when the transportation starts to be smooth. “Currently, paddy prices range from VND5,000 to VND5,400 per kg. The good thing is that traders bought paddy right at the field as soon as farmers harvested rice,” said Mr. Tran Chi Hung, Director of the Department of Agriculture and Rural Development of Hau Giang Province, on the morning of October 13. So far, farmers in Hau Giang have harvested 10,000 out of 35,000 hectares of autumn-winter rice. The Mekong Delta is in the harvest season of this autumn-winter rice crop. Rice prices vary by VND300-VND500 per kg, depending on the locality. According to the VFA, rice prices in the Mekong Delta move differently among provinces. In Can Tho City, Long An, … [Read more...] about Export prices of rice climb

Vietnamese fresh lychees are sold at a supermarket in France. In the first nine months of 2021, Viet Nam earned US$20.1 billion from exporting food and agricultural products. — VNA/VNS Photo Linh Huong Viet Nam's agricultural products are being exported to more than 180 countries and territories, particularly products moving from the mid-range market to the higher-end segment. This information was provided at an online trade connection programme with the participation of representatives and business communities of India and three countries of the Greater Mekong Sub-region (GMS), namely Viet Nam, Thailand and Cambodia on Monday. This formed part of a series of activities of a project to strengthen international integration of small and medium-sized enterprises (SMEs) of India and the GMS countries, towards promoting global value chains and trade between India and the GMS countries, which is financed by the Asian Development Bank (ADB). Le Hoang Tai, Deputy Director of the … [Read more...] about Viet Nam grasps opportunities to expand agricultural export market

Despite a sharp rise in business performance, rubber firms need more to achieve sustainable growth The latest figures from the Ministry of Industry and Trade’s Export-Import Agency show that Vietnam exported 195,000 tonnes of rubber, generating $321 million in total export value in September, up 2.8 per cent in volume and 3.1 per cent in value compared to August. Compared to September 2020, these figures shed 5.1 per cent in volume but showing a 21.2 per cent hike in value. With September export price averaging $1,646 per tonne, 0.3 per cent more than in August and 22.7 per cent higher than in the year prior, Vietnam counted an estimated $2.17 billion in value from exporting 1.3 million tonnes of rubber in the first nine months of 2021, up 17.1 per cent in volume and 52.7 per cent in value compared to the same period in 2020. The favourable market situation has been instrumental for many rubber firms to post upbeat business results in the year to date. The demand for … [Read more...] about Rubber firms eyeing buoyant performance thanks to favourable export

The export value of vegetables and fruits reached at US$3.2 billion in 2020 and fruits account for 80 percent of export turnover. Statistically, Vietnamese fruits have been so far exported to 60 countries and territories around the world. Currently, about 1,749 fresh fruit growing areas in the country have been granted export codes and 1,200 codes have been granted to establishments packing fresh fruit for export. Presently, fresh fruit traded globally is worth about US$240 billion yearly while the value of processed fruit products is about $270 billion a year. Therefore, it can be said that there remains huge room for Vietnam's fruit industry to develop, especially when Vietnam has joined many free trade agreements (FTAs). Dang Phuc Nguyen, General Secretary of the Vietnam Fruit and Vegetable Association (Vinafruit), said that in 2021, Vietnam has been making good use of advantages of the international economic integration process with the EU through the European Union … [Read more...] about Vietnam ought to improve fruit quality for exports

Products exported to the U.S. would take over three weeks to be transported, and another three to be put into storage as only half of the workforce is available due to the pandemic. For products exported to China, the time it takes to do so is around 7-8 days instead of the usual 4-5. Such delayed customs clearance have affected the costs and quality of exported products, Nguyen Dinh Tung, director of the Vina T&T company, said at a meeting on agricultural product sale on Saturday. Port congestion in both Vietnam and around the world is severely impacting exports, Tung said. Prolonged transportation time has also caused imported products to be spoiled, he added. Personnel working at ports, both in Vietnam and around the world, is being limited to 50 percent, causing export delays. Increased booking cancellation rates by shipping companies has also been a problem. The Covid-19 situation in the south has also caused shipping companies to cut down the number of voyages to … [Read more...] about Port congestion impedes agricultural exports