The export of many agricultural products, especially industrial crops such as pepper, rubber, tea, and cashew nuts, fell remarkably from January to July due to the COVID-19 pandemic.
Vietnam exported 3.9 million tonnes of rice, earning 1.9 billion USD, in the first seven months of this year, according to the Department of Agro Processing and Market Development under the Ministry of Agriculture and Rural Development.
Higher rice supply in the domestic market has made the export price of Vietnam’s broken rice drop to 450 USD per tonne on June 19, the lowest level in the past two months.
Despite the difficulties posed by the COVID-19 pandemic, Vietnam can still reach its annual export growth target of 7-8 percent if market opportunities are optimised, experts have said.
The US Department of Commerce (DOC) has lowered anti-dumping duties on tra fish (pangasius) products from Vietnam following its official conclusion of its 15th period of review (POR15) from August 1, 2017 to July 31, 2018, according to the Trade Remedies Authorities of Vietnam under the Ministry of Trade and Industry (MoIT).
Vietnam's coffee industry will probably suffer more losses in the second quarter due to the COVID-19 pandemic, Phan Xuan Thang, Vice Chairman of the Vietnam Cocoa and Coffee Association, has said.
Vietnam achieved cassava export growth in both volume and value in the first quarter of this year despite experiencing difficulties, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam’s cashew exports to the US in the first two months of the year rose by 21 percent in volume to 17,900 tonnes and 3.6 percent in value to 126.2 million USD year-on-year, according to the General Department of Customs.
Vietnam witnessed a slight reduction in cassava exports during the first two months of this year due to the novel coronavirus (COVID-19) epidemic, according to the Ministry of Agriculture and Rural Development.
Vietnam is working to develop a system of modern agricultural product supply centres to promote the consumption of farm produce, enhance food safety and hygiene, and improve the competitive edge of Vietnamese goods.
The outbreak of the acute respiratory disease caused by the 2019 novel coronavirus (nCoV) has started impacting Indonesia’s tourism and export sectors, according to Indonesian officials.
This year is believed to be a brighter year for the domestic tra fish industry with exports inching up in the first quarter, according to an official from the Vietnam Pangasius Association.
Vietnam recorded a year-on-year increase of 2.79 percent in the consumer price index (CPI) in 2019, the lowest level in the past three years, the General Statistics Office (GSO) said on December 27.
The EU is a potential market for Vietnam's shrimp industry next year because it is the largest shrimp market in the world, while the shrimp production of this bloc has not met its demand, according to domestic seafood experts.
Vietnam earned 2.02 billion USD from exporting 1.5 million tonnes of rubber between January and November, rising 7.6 percent in value and 8.1 percent in volume year on year.
The agro-forestry-fishery sector raked in 3.6 billion USD from exports in October, raising the total export revenue in 10 months to 33.18 billion, rising 1.6 percent from the same time last year.
Vietnam’s coffee exports in the first nine months of this year fell by 13.3 percent in volume to 1.25 million tonnes and 21.9 percent in value to 2.15 billion USD compared with the same period of last year.
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