Vietnamplus

Free trade agreements (FTAs) spurred Vietnam’s bilateral and multilateral trade, with 2022 revenues projected to hit a record 750 billion USD, according to experts.

Vietnam raked in an estimated 4.5 billion USD from exporting aquatic exports in the first five months of 2022, up over 44.5 percent over the same period last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Taking advantage of free trade agreements and flexibly adapting to world unstable development, Vietnam’s spearhead economies such as fisheries, garment and textiles and wood production are accelerating exports to increase turnover.

The Lao government has instructed ministries to streamline procedures to facilitate trade and speed up freight transport and the export of goods, reported Xinhua news agency.

A consultation will be held by the Ministry of Industry and Trade’s Department of Trade Promotion (Vietrade) on June 1 to boost export to Kuwait where demand for agricultural, industrial and consumer products are on a rise.

Malaysia will halt the export of chicken from June 1 as the country faces a shortage of chicken along with a soaring price.

Although the demand for Vietnamese textiles is forecast to rise steadily in the short term, firms are concerned that tight material supply will impede their export plans.

Vietnamese businesses are seeking to export more fresh and processed dragon fruits to Australia and New Zealand as the demand for this fruit in both markets is increasing.

Indonesia will lift its palm oil export ban from May 23, following improvements in the domestic cooking oil supply situation, the country's President Joko Widodo has announced.

The US Food Safety and Inspection Service under the US Department of Agriculture has just recognized 6 more Vietnamese tra fish processing factories that are eligible to export their products to the US market.

The Food Safety and Inspection Services (FSIS) under the United States Department of Agriculture has recognised six more Vietnamese pangasius processing factories that are eligible to export products to the US, raising the number of establishments to 19, according to the Ministry of Agriculture and Rural Development’s National Agro-Forestry-Fisheries Quality Assurance Department (NAFIQAD).

Since the establishment of their bilateral diplomatic ties in 1962, Vietnam and Laos have promoted cooperation across spheres, with their trade exchange posting substantial growth, benefiting both countries.

Many kinds of flowers of Vietnam have gained a foothold in the Japanese market, and are quite popular among local consumers.

Vietnam earned 3.57 billion USD from aquatic exports in the first four months of 2022, posting a year-on-year increase of 43.7 percent, according to the Ministry of Agriculture and Rural Development.

The Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade (MoIT) will coordinate with Vietnam’s trade offices in member countries of the Association of Southeast Asian Nations (ASEAN) to organise a consulting session on rice exports.

In recent years, Hanoi has invested heavily in the development of agricultural commodities areas, creating safe farm produce to meet export standards. This is a solid solution to work towards the official export of the city's key farm produce.

Bac Luan 2 border gate of Mong Cai international border gate in the northeastern province of Quang Ninh reopened on April 26 after a two-month halt due to the COVID-19 pandemic.

Two 12-storey dormitories for factory workers are under development in Thu Duc City, Ho Chi Minh City, capable of accommodating more than 1,000 people.

Vietnam has set a goal of achieving an average export growth rate of 6-7 percent in the 2021-30 period, following the Government's strategy on import and export released recently.

In Q1/2022, there were nine export commodities recording turnover of at least 2 billion USD, accounting for 71.73 percent of the total export value.