Agro-forestry-aquatic product exports hit 13.7 billion USD

The export value of agricultural, forestry and aquatic products reached 13.7 billion USD in the first five months of 2017, a year-on-year increase of 9.5 percent.
Agro-forestry-aquatic product exports hit 13.7 billion USD ảnh 1Uploading rice at the Sai Gon Port (Source: VNA)

Hanoi (VNA) - The export value of agricultural, forestry andaquatic products reached 13.7 billion USD in the first five months of 2017, ayear-on-year increase of 9.5 percent.

In May alone, the country’s export earnings fromthese products were estimated at 2.8 billion USD, reported the Ministry ofAgriculture and Rural Development.

The five-month increase was buoyed by a surge of10.4 percent in the export value of aquatic products to 2.8 billion USD,including 618 million USD in May.

The US, Japan, China, and the Republic of Korea (RoK) weremajor import markets of Vietnamese aquatic products, accounting for 53.5percent of the sector’s total export value.

Vegetable and fruit exports surged 38 percentyear on year to 1.38 billion USD, with 344 million USD earned in May.

The export turnover of wood and wooden products also climbed9.9 percent from the same period last year, reaching 2.9 billion USD. In Mayalone, Vietnam exported 513 million USD worth of wood and wooden products.

The markets saw remarkable surges in the export value of woodand wooden products were China (35.6 percent), the US (16.1 percent), theRepublic of Korea (14.7 percent) and German (11.2 percent).

Vietnam exported 538,000 tonnes of rice for 245 million USDin May, raising the five-month volume to 1.3 million tonnes and value to 1billion USD, up 1.6 percent and 1.2 percent year on year, respectively. Chinaremained the top importer of Vietnamese rice.

Coffee export saw a drop of 15.9 percent in volume, but anincrease of 11 percent in value in the January-May period to 693,000 tonnes and1.57 billion USD. In May alone, Vietnam shipped 105,000 tonnes of coffee abroadfor 233 million USD.

According to the ministry, Vietnam’s import value ofagro-forestry-aquatic products in the first five months was estimated at 11.02billion USD, up 23.6 percent year in year, including 2.52 billion USD worth ofproducts imported in May.-VNA
VNA

See more

The FBC ASEAN 2025 International Manufacturing Business Matching Event will take place from September 17–19 in Hanoi. (Photo: FBC ASEAN)

Vietnam to host int’l manufacturing exhibition in September

The exhibition gathers a significant number of manufacturers and buyers seeking suppliers in Vietnam, including major brands. The event continues to serve as a key platform for branding, trade promotion, and sustainable international business networking.

A corner of Ho Chi Minh City seen from above (Photo: nhandan.vn)

Efforts needed to enhance role of private sector in expanded HCM City

The resolution affirms that in a socialist-oriented market economy, the private sector is one of the most important driving forces of the national economy. On that foundation, the upcoming mergence of Binh Duong and Ba Ria–Vung Tau provinces into Ho Chi Minh City will create conditions to form a mega-urban region integrating industry, finance, seaports, and innovation.

Cuban President Miguel Díaz-Canel at a meeting with a delegation of Vietnamese businesses led by the Thai Binh Group. (Photo: VNA)

Cuba strengthens economic ties with Vietnamese businesses

Both sides discussed opportunities to expand cooperation in Cuba’s priority development sectors. The Vietnamese delegation reaffirmed its commitment to sustaining and expanding its operations in the Mariel Special Development Zone (ZEDM), a key driver of Cuba’s economic growth.

Deputy Minister Tran Thanh Nam (front line, in a red tie) takes a photo with representatives of German associations and businesses at the event. (Photo: VNA)

Vietnam explores agricultural partnerships in Germany

A major highlight of the visit was a trade promotion forum on Vietnam–Germany agro-forestry-aquatic products, which attracted participation from various trade associations, vocational training institutions, German distribution channels, supermarket chains, and nearly 50 companies specialising in the production, processing, and logistics of agricultural, forestry, and aquatic products.

Ministerial-level negotiation session between Vietnamese Minister of Industry and Trade Nguyen Hong Dien and US Trade Representative Jamieson Greer (Photo: VNA)

Vietnam, US promote negotiations on reciprocal trade agreement

Vietnamese Minister of Industry and Trade Nguyen Hong Dien and US Trade Representative Jamieson Greer reached a high consensus on principles, approaches, content orientations, and negotiation plans, thereby establishing a foundation for subsequent negotiation sessions to achieve positive outcomes.

Le Thanh Lam, CEO of TOPSKILLS, shares insights into the role of AI in modern HR management at the launch event of the AI-Powered TMS system in HCM City on May 16. (Photo: courtesy of the organisers)

AI helps businesses build resilient, adaptable succession teams

Experts said that in the context of digital transformation and AI increasingly becoming key drivers of business innovation, building a capable succession team—those who will lead the company toward sustainable growth—has become an urgent priority.

Prime Minister Pham Minh Chinh and Thai Prime Minister Paetongtarn Shinawatra witnessed the exchange of the MoU between the Ministry of Industry and Trade and Thailand's Central Group. (Photo: VNA)

MoIT, Thailand’s Central Group forge partnership to boost Vietnamese exports

The MoU, signed as part of Thai Prime Minister Paetongtarn Shinawatra’s official visit to Vietnam from May 15-16, was the result of extensive discussions between the two sides, aimed at enhancing the presence and competitiveness of Vietnamese products, particularly consumer goods, and agricultural and aquatic products.

Chu Lai Port welcomes the Chana Bhum, a Singapore-flagged vessel operated by RCL, marking the opening of the Chu Lai–India shipping route. (Photo: VNA)

Vietnamese firm, Thailand-based shipping line cooperate to launch Chu Lai - India direct call service

The direct call service helps cut transportation time, reduce costs, increase competitiveness by bypassing major transshipment ports in northern and southern Vietnam. At the same time, it opens up new trade opportunities, promotes logistics activities, develops supply chains, strengthens regional connectivity, and enhances the position of Chu Lai Port on the international maritime map.

Deputy Minister of Finance Cao Anh Tuan grants an interview to the Vietnam News Agency (VNA). (Photo: VNA)

Vietnam, US foster bilateral economic, financial cooperation

Strengthening the Vietnam - US economic and financial cooperation will open new avenues for collaboration and serve as a symbol of trust and a substantive Comprehensive Strategic Partnership for mutual prosperity, a Vietnamese official has said.

Ba Ria-Vung Tau seaport (Photo: VNA)

Resolution 68: A game-changer for Vietnam’s private sector

Beyond regulatory reform, Resolution 68 provides support policies for access to land, capital, and high-quality human resources, while also promoting digital transformation, innovation, sustainable development, and global value chain integration.