The General Statistics Office of Vietnam under the ministry reported that agricultural, forestry and seafood export turnover reached US$32.6 billion in the first ten months this year, up 8.1 percent compared to the same period last year. For the last three years, the export turnover posted a strong growth of 12.17 percent a year. It was 9.7 percent in 2011-2015. Minister of Agriculture and Rural Development Nguyen Xuan Cuong has many times stressed that the country has maintained ten groups of commodities with the export turnover of from $1 billion and more. They comprise rice, rubber, coffee, pepper, cashew nut, cassava, vegetables, shrimp, pangasius fish, wood and wooden items. Of these, five have been present in the list of $3 billion export turnover namely vegetables, rubber, coffee, shrimp and wooden products. Notably, fruit export has exceeded crude oil since 2016. According to Mr. Cuong, Vietnam is topping the export list of pepper, cashew nut and pangasius fish, ranking second … [Read more...] about Target of $40 billion agro-forestry-seafood export turnover obtainable
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Nine-month seafood exports estimated at USD6.4 billion
The US, Japan, China, and the Republic of Korea remained the four largest seafood importers of Vietnam, accounting for 54.1 percent of the total value. Meanwhile, strong increase was seen in the seafood shipments to the Netherlands (28.2 percent), Hong Kong (23.6 percent) and the UK (19.9 percent).During January-September, Vietnam spent USD1.26 billion purchasing seafood from foreign countries, up 21.3 percent from the same time last year.Shrimp processed for exports (Photo: VNA)The department also gave positive outlook for seafood exports in the end of the year as the US Department of Commerce (DoC) decided to lower anti-dumping duties on the imports of Vietnamese shrimp and tra fish.Last month, the DoC announced the final results of the 12th Period of Review (POR12), lowering the anti-dumping tariff on shrimp imports from Vietnam to 4.58 percent. The final rate is much lower than the preliminary rate of 25.39 percent, first announced by the DoC on March 8th.Also, the US reduced … [Read more...] about Nine-month seafood exports estimated at USD6.4 billion
Nine-month seafood exports estimated at US$6.4 billion
Shrimp processed for exports The US, Japan, China, and the Republic of Korea remained the four largest seafood importers of Vietnam, accounting for 54.1% of the total value. Meanwhile, strong increase was seen in the seafood shipments to the Netherlands (28.2%), Hong Kong (23.6%) and the UK (19.9%). During January-September, Vietnam spent US$1.26 billion purchasing seafood from foreign countries, up 21.3% from the same time last year. The department also gave positive outlook for seafood exports in the end of the year as the US Department of Commerce (DoC) decided to lower anti-dumping duties on the imports of Vietnamese shrimp and tra fish. Last month, the DoC announced the final results of the 12th Period of Review (POR12), lowering the anti-dumping tariff on shrimp imports from Vietnam to 4.58%. The final rate is much lower than the preliminary rate of 25.39%, first announced by the DoC on March 8. Also, the US reduced anti-dumping duty on Vietnamese tra and basa … [Read more...] about Nine-month seafood exports estimated at US$6.4 billion
Nine-month seafood exports estimated at 6.4 billion USD
Shrimp processed for exports (Photo: VNA) Hanoi (VNA) – Seafood export value in the first nine month of the year was estimated at 6.4 billion USD, a year-on-year increase of 7.2 percent, according to the Department of Farm Produce Processing and Market Development under the Ministry of Agriculture and Rural Development (MARD). The US, Japan, China, and the Republic of Korea remained the four largest seafood importers of Vietnam, accounting for 54.1 percent of the total value. Meanwhile, strong increase was seen in the seafood shipments to the Netherlands (28.2 percent), Hong Kong (23.6 percent) and the UK (19.9 percent). During January-September, Vietnam spent 1.26 billion USD purchasing seafood from foreign countries, up 21.3 percent from the same time last year. The department also gave positive outlook for seafood exports in the end of the year as the US Department of Commerce (DoC) decided to lower anti-dumping duties on the imports of Vietnamese shrimp and tra fish. … [Read more...] about Nine-month seafood exports estimated at 6.4 billion USD
Vietnam’s agro, forest, seafood exports on the rise
Viet Nam registered a growth in the exports of all key farming products as well as forestry and seafood products during the first half of this year. This was reported by the Ministry of Agriculture and Rural Development. Some key agro products continued to witness strong growth in exports that had recovered from 2017, such as vegetables, fruits and seafood, the ministry’s Agro Processing and Market Development Authority said at the ministry’s conference on production and business in the first half of this year and those activities in the second half. Meanwhile, some other products witnessed a rise in exports, including wooden products and tea, which focused on high quality and global reputation, the authority said. According to the ministry, the national export value of agriculture, forestry and seafood products in the first six months of this year had a year-on-year increase of 12 per cent to reach US$19.4 billion. Of this, the export value rose by 9.7 per cent for … [Read more...] about Vietnam’s agro, forest, seafood exports on the rise