Vietnam earned 1.56 billion USD from shipping 2.95 million tonnes of rice abroad in the first four months of this year, increases of 54.5% and 43.6%, respectively, year-on-year.
Global and domestic coffee prices are at high levels, providing opportunities for Vietnam to maintain a coffee export revenue of over 4 billion USD this year, a record set in 2022, while the global supply is narrowing down.
Vietnam’s rice export price grew 9.2% year on year to 532 USD per tonne in the first quarter of 2023, raising the export value of 1.79 million tonnes exported during the period by 30.2% to 952 million USD, according to the General Department of Vietnam Customs.
Vietnam was Spain's largest supplier of coffee (by volume) in 2022, with 113,550 tonnes worth 269 million EUR (287 million USD), up 21.6% in volume and 78.9% in value against 2021.
Total import-export revenue in the first two months of this year is estimated at 96.06 billion USD, down 13.2% year-on-year, with Vietnam posting a trade surplus of 2.82 billion USD, the General Statistics Office (GSO) has reported.
Vietnam and Poland both grow a lot of agricultural products, but they are complementary to each other, offering them the opportunity to tie up, a bilateral business matching heard in Ho Chi Minh City on February 24.
Data from the General Department of Customs shows in 2022, China is Vietnam's largest trading partner with a total two-way trade turnover of 175.57 billion USD, followed by the US (123.86 billion USD), the Republic of Korea (86.38 billion USD) and Japan (47.61 billion USD).
State budget collection from export-import activities in January topped 24.8 trillion VND (1.07 billion USD), or 5.8% of the estimate, down 42.3% annually, reported the General Department of Vietnam Customs (GDVC).
Vietnam has been continuously listed among the group of 30 countries and territories with the largest import and export value on a global scale, according to the rankings compiled by the World Trade Organization.
CPV Food Co., Ltd., a subsidiary of the CP Vietnam Corporation, plans to ship the first lot of processed chicken to Japan within October after managing to meet all food safety and quarantine requirements in the market.
Canada wants to diversify supply sources to avoid disruption in supply chains, and is interested in supply sources in Vietnam amidst complicated developments in the world situation, the Vietnamese Trade Office in Canada said, advising Vietnamese businesses to optimise their advantages to boost their exports to Canada.
The Vietnamese Embassy in Denmark, in collaboration with the Vietnam Trade Office in Sweden, Finland, Denmark, Norway, Iceland and Latvia, published a book on the Danish market with the aim to support Vietnamese companies in taking advantage of opportunities brought by the EU-Vietnam Free Trade Agreement (EVFTA) to boost their exports to the country.
The General Administration of Customs (GAC) of China has just approved the pilot import of Vietnamese passion fruits from July 1, according to the Vietnam Sanitary and Phytosanitary Notification Authority and Enquiry Point (SPS Vietnam).
The US Department of Commerce (DOC) has launched an anti-circumvention and anti-subsidy investigation into wooden cabinets imported from Vietnam and Malaysia, according to the Trade Remedies Authority of Vietnam (TRAV).