Exports growth

Product quarantine Nguyen Thi Thu Huong, Deputy Director of the Ministry of Agriculture and Rural Development’s (MARD) Plant Protection Department said China’s General Administration of Customs (GACC) had approved imports of Vietnamese passion fruit through seven border crossings in China’s Guangxi Province, including Huu Nghi Quan, Po Chai, Pingxiang Railway Station, Pingxiang, Dongxing, Long Bang, and Shuikou. A series of activities have been planned to promote the speedy export of passion fruit to China The two sides will assess the results of the pilot project and decide whether to sign an official protocol on plant quarantine for Vietnamese passion fruit imported into China, contributing to the development of trade between the two countries. About 6,000 hectares of passion fruit are being grown in Vietnam’s 46 cities and provinces, providing an annual output of more than 111,000 tonnes, with an average yield of 22.67 tonnes per hectare. The cultivation area … [Read more...] about Vietnam pilots passion fruit exports to China

In the first half of this year, Tra Vinh province has issued registration certificates to 250 businesses. Among which, there are 165 one-member limited liability companies; 45 multi-member limited liability companies; 20 private enterprises; 20 joint stock companies; and 151 affiliated units. The overall amount of registered capital hit around $169 million, and the total number of registered personnel reached nearly 3,800 individuals. There are just under 3,000 active businesses with a total capitalisation of $2.1 billion and nearly 90,800 workers. Some 44 of those businesses are foreign-invested firms. In addition, almost 500 firms and affiliated units were registered for expanded business lines, capital, and other adjustments, increasing the total extra capital to $143 million. The 48MW South Korea-Tra Vinh offshore wind power plant became operational in September 2021 According to Tra Vinh Department of Planning and Investment, compared to the same period in 2021, … [Read more...] about Tra Vinh nurtures private sector to kickstart economy

The Mekong Delta province of Dong Thap is encouraging farmers to grow more fruits meeting good agricultural practice standards to improve incomes and sustainability. Mango and longan account for the lion’s share of these fruits. The mangoes are exported to many markets, including the Republic of Korea, Japan, Russia, Italy, and Hong Kong. The province, the delta’s largest mango producer, has more than 9,000ha under the fruit, while mango is one of its key agricultural products. Farmers who grow mango to Viet GAP standards earn  up to nearly 9,500 USD per hectare per year while those who grow traditionally earned nearly 6,900 USD , according to the department.-VNA VNA … [Read more...] about Fruit farmers encouraged to apply GAP standards

Cashew exports saw two-digit drops in the first seven months of this year. — Photo baochinhphu.vn The cashew industry should focus on markets in which Viet Nam had signed trade deals to take advantage of preferential tariffs and expand exports as inflation had pushed up the prices of raw materials and forced people to tighten spending, according to the Viet Nam Cashew Association. Cashew exports saw two-digit drops in the first seven months. Statistics of the Import-Export Department under the Ministry of Industry and Trade showed that cashew exports were estimated at 294,000 tonnes, worth US$1.76 billion in January-July, dropping by 10.5 per cent in volume and 12.1 per cent in value against the same period last year. While the average export price increased by 1.45 per cent against the same period last year to $5,792 per tonne, the price of raw cashews rose by 15-20 per cent. The department predicted that cashew exports would continue to struggle in the third quarter due … [Read more...] about Cashew industry urged to focus on markets with FTAs

Wild orchid plants are transplanted on a tree in the courtyard of Dak Lak Provincial Museum. (Photo: SGGP) The Vietnam Association for the Conservation of Wild Orchids, the Institute of Biotechnology and Environment under Tay Nguyen University, Orchid Lovers 47, Dak Lak Urban and Environment Joint Stock Company, and Dak Lak Orchid Association, in collaboration with Dak Lak Provincial Museum, organized the program ‘Bringing wild orchids back to nature’ on August 14. Accordingly, tens of thousands of wild orchids have been sent there by orchid lovers across the country to be grafted onto the trees in the courtyard of Dak Lak Provincial Museum and Bao Dai Summer Palace. Thousands of wild orchid plants are sent to Dak Lak Province by wild orchid lovers across the country. (Photo: SGGP) The courtyard of Dak Lak Provincial Museum and Bao Dai Summer Palace has an area of more than 6 hectares, considered a biodiversity area in the center of Buon Ma Thuot City with many rare … [Read more...] about Thousands of wild orchid plants brought back to nature

The office said that the major products Vietnam shipped to Laos included petrol, vegetables, fertilizers, clinker and cement, electric wires and cables, paper and paper products, ceramics, and garment products. Meanwhile, Vietnam mostly imported from Laos fertilizers, rubber, wood and furniture, ore and other minerals. In July alone, two-way trade hit USD 125 million, a surge of 54.1% year on year, including Vietnam’s export revenue of nearly USD 53.2 million, up 33.9%. This was the third consecutive month that Vietnam enjoyed an increase in exports to Laos, helping reduce the fall in the turnover to minus 1.6% from minus 6% in the first half of this year. In August, Vietnam expects continuous rise in exports to Laos thanks to the stable conditions of the Lao economy, the reduction in petrol prices in the world and the rising number of Vietnamese investors in Laos. Source: VNA … [Read more...] about Vietnam, Laos enjoy 24.2% rise in two-way trade in 7 months