Vietnamplus

Vietnam’s export of squid and octopus to the US market saw a strong rise of 63.7 percent in the first nine months of 2019 to reach 11.4 million USD, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Trade between Cambodia and the US hit 4.3 billion USD in the January-September period, up 37 percent over the same period last year.

The Food Safety and Inspection Service (FSIS) under the US Department of Agriculture (USDA) has recognised Vietnam as a country eligible to export Siluriformes fish (catfish, including tra fish) and fish products to the US.

The Food Safety and Inspection Service (FSIS) under the United States Department of Agriculture has officially recognised Vietnam’s Pangasius Food Safety Control System after more than three years of negotiations.

Thailand’s Ministry of Commerce has announced that it will adopt seven measures to soften the impact of the US suspension of trade benefits for the Southeast Asian country.

Vietnam is in the process of getting a licence to export avocado to the US, according to the Vietnam Trade Office in the US.

Value chains, which involve fishing, processing and consumption of tuna, have helped Vietnamese tuna products gain competitive edge in more than 200 markets worldwide, according to insiders.

Vietnam exported 1.93 billion USD worth of shrimp during January-August, down 8.1 percent from the same period last year, according to the Ministry of Agriculture and Rural Development’s Directorate of Fisheries.

Some Vietnamese exports have been investigated for origin fraud and tax evasion, which requires tougher action from the Vietnamese Government to settle the problem and keep its exports growing.

Vietnam’s export turnover from footwear products and handbags reached nearly 14.5 billion USD in the first eight months of 2019, according to the Vietnam Leather, Footwear and Handbag Association (LEFASO).

The first batch of late-ripening longan of Hanoi’s Hoai Duc district is scheduled to reach Melbourne city, Australia, on September 6, the municipal Department of Agriculture and Rural Development said.

The export value of tra fish in July continued to drop for the fifth consecutive month, down 12.7 percent year-on-year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Vietnamese exporters were updated on regulations and standards for exporting goods to the US market at a workshop held in Hanoi on August 29.

The US Department of Commerce (DOC) on August 22 released the final results of the 13th period of review (POR 13), officially imposing zero percent tariffs on 31 Vietnamese shrimp exporters.

Shares of shrimp export businesses rose sharply during the trading session on August 22.

Vietnamese designer Cong Tri has said that he will continue to debut his fashion collection at the New York Fashion Week in the US in September.

Shrimp exports are expected to be strong during the rest of this year because countries tend to import more in the latter months of the year.

The garment-textile sector has gained significant benefits brought about by the EU-Vietnam Free Trade Agreement (EVFTA) as more and more European businesses are investing in the industry.

Vietnam gained a trade surplus of 1.59 billion USD in the first half of this year, according to the latest statistics from the General Department of Customs.

Vietnamese businesses are further participating in the global value chain and reaching out to the world market.