Since it entered into force in early 2022, the Regional Comprehensive Economic Partnership (RCEP) has helped strongly promote integration of value and supply chains, strengthen confidence in regional economic recovery and create new impetus for trade and investment growth in the region and the world, according to an article on the Zhongguopinglun (China review) website of Hong Kong (China).
Thailand has successfully registered geographical indication (GI) for Thung Kula Rong Hai hom mali rice and Sangyod Muang Phatthalung rice in Indonesia, bringing the number of Thai GI products in Indonesia to three, beside Lamphun brocade silk which was registered in 2016.
The Indonesian government has announced that it expects the value of exports to grow by 12.8% in 2023, much lower than the growth of 29.8% in 2022, according to Indonesia’s Coordinating Minister for Economic Affairs Airlangga Hartarto.
Vietnam’s tra fish (pangasius) export value is expected to hit a record high this year, reaching 2.4 billion USD, said Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
Vietnam’s aquatic exports are forecast to hit 11 billion USD in 2022, according to General Secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP) Truong Dinh Hoe.
Six commodities registered an export value of over 10 bln USD in the first eight months of 2022, accounting for 63.9 percent of the country's total exports.
The export turnover of aquatic products topped 8.5 billion USD in the first nine months of 2022, up 38% year-on-year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Six commodities registered an export value of over 10 bln USD in the first eight months of 2022, accounting for 63.4 percent of the country's total exports.
The export value of agro-forestry and fisheries products reached 36.3 billion USD in the first eight months of this year, with the sector posting a surplus of 6.3 billion USD, or nearly double the figure in the same period of last year. Seven groups of commodities recorded export value in excess of 2 billion USD.
Post-pandemic robust rebound in the American market has ushered in multiple opportunities for Vietnam to expand its export of key products, according to the Ministry of Industry and Trade.
The southern province of Binh Duong posted a trade surplus of 6.6 billion USD in the first seven months of this year, the provincial People’s Committee reported at a meeting on August 9.
In the first seven months of this year, five commodities posting export turnover of more than 10 billion USD, making up 58.5% of Vietnam’s export turnover.
Vietnam's import-export value of agricultural, forestry and aquatic products reached 58.3 billion USD in the first seven months of 2022, a year-on-year increase of 7.2%, according to the Ministry of Agriculture and Rural Development.
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