Vietnamplus

The 13th National Congress of the Communist Party of Vietnam officially opened at the National Convention Centre in the capital city of Hanoi in the morning of January 26.

Myanmar earned over 2.02 billion USD from the export of finished industrial goods over the first three months of the present fiscal year (FY) 2020-2021 which started in October.

The central province of Nghe An has set forth a raft of measures to realise its yearly target of 1.2 billion USD in export revenue.

Forest product exports are expected to reel in 14.5 billion USD this year, up 12 percent against 2020, an official has said.

Foreign media have run several articles highlighting Vietnam’s economic success given a struggling world plagued by the COVID-19 pandemic.

Vietnam earned an estimated 700 million USD from exporting goods to Israel in 2020 despite difficulties and obstacles posed by the COVID-19 pandemic, according to the Vietnamese Trade Office in the Middle East country.

Total import-export turnover through border gates of northern Lao Cai province, which borders China, reached nearly 1.7 billion USD in 2020, equal to 94 percent of the previous year.

Trung An High-Tech Agriculture Joint Stock Company will export 1,600 tonnes of high-value fragrant rice to Singapore and Malaysia, the Ministry of Agriculture and Rural Development announced on January 13.

Vietnam earned 3.26 billion USD from exporting fruit and vegetables in 2020, a year-on-year decline of 13 percent, the Ministry of Agriculture and Rural Development (MARD) has reported.

Vietnam among very few countries to post GDP growth rate of 2.5-3 percent, and the signing of the Regional Comprehensive Economic Partnership (RCEP) agreement in 2020 when Vietnam assumes ASEAN Chairmanship are among the top 10 domestic economic events in the year. The following are the ten outstanding events as selected by the Vietnam News Agency.

Vietnam’s livestock industry hopes to increase its average production growth rate in 2021 by 5-6 percent, according to the Department of Livestock Production under the Ministry of Agriculture and Rural Development.

The forestry sector targets the export value of timber and forest products to reach 14 billion in 2021, according to the Vietnam Administration of Forestry.

Handicrafts are identified as one of the product groups with great export potential and high-profit margin that Vietnam needs to boost in the future.

HCM City has set a goal of boosting the export of its key products this year and beyond via trade promotion activities and assistance to enterprises.

The UK-Vietnam Free Trade Agreement (UKVFTA) will open up more opportunities to boost the export of Vietnam’s key agricultural products with the commitments to market opening the same as the EU-Vietnam FTA, Minister of Industry and Trade Tran Tuan Anh has said.

Vietnam gained 2.7 billion USD from shipping an estimated 1.7 million tonnes of coffee abroad in 2020, accounting for over 10 percent of the world’s coffee value and 18 percent of the market share, according to the Ministry of Agriculture and Rural Development (MARD).

The national project on developing high-quality coffee has helped businesses and farmers apply technologies in farming, cope with climate change, reduce production costs and improve economic efficiency in coffee production, heard a conference held in Buon Ma Thuot city, the Central Highlands province of Dak Lak, on December 29.

HCM City’s gross regional domestic product (GRDP) hit 1.37 quadrillion VND (59.4 billion USD at current exchange rate) in 2020, a year-on-year increase of 1.39 percent.

Vietnam is estimated to enjoy a trade surplus of 19.1 billion USD this year – the highest since 2016.

Vietnam's shrimp exports are expected to record a dramatic increase of 12.4% to 3.78 billion USD in comparison with other export items this year despite suffering from the adverse impacts of the novel coronavirus (COVID-19) pandemic.