Exports were estimated at 240.52 billion USD by the end of the third quarter, rising 18.8 percent year on year, while imports stood at around 242.65 billion USD, resulting in a trade deficit of 2.13 billion USD.
Agricultural exports to China posted impressive growth between January and May, with shipments of some produce even matching or surpassing the corresponding figures for the entire 2020, data of the Plant Protection Department under the Ministry of Agriculture and Rural Development showed.
Vietnam exported 10.61 billion USD worth of agricultural, forestry and fishery products in the first quarter of 2021, up 19.7 percent compared to the same period last year.
The US was the largest market of Vietnamese agro-forestry-fishery products in the first two months of the year, with 2.04 billion USD, up 57.3 percent year on year and accounting for 33.05 percent of the total market share.
Vietnam’s agriculture sector is aiming to be among the 15 most developed countries in the world, in which the agricultural processing sector ranks among the top 10 countries by 2030.
Vietnam racked up 27.7 billion USD from exports in January, up 0.2 percent from the previous month and 50.5 percent from the same period last year, according to the Ministry of Industry and Trade (MoIT).
The Directorate of Fisheries is implementing software and piloting the electronic traceability for seafood products to meet state management and market requirements.
The US was the largest importer of Vietnamese agro-forestry-fishery products during January-November, with a turnover of 9.8 billion USD, up 22.3 percent year-on-year, according to the Ministry of Agriculture and Rural Development.
Nearly 200 businesses will promote their products in booths at the upcoming 2020 Vietnam International Agriculture Fair (AgroViet 2020), heard a press conference in Hanoi on November 23.
Ho Chi Minh City exported 36.7 billion USD worth of goods during the first 10 months of 2020, up 5.5 percent year-on-year, the municipal Department of Industry and Trade has reported.
Shipments of Vietnamese fishery products to the EU in August, the first month the EU-Vietnam Free Trade Agreement took effect, increased by around 10 percent over July, demonstrating the positive effect of the deal.
The Vietnamese Embassy in Venezuela held a webinar on August 11 to introduce the Southeast Asian country’s agricultural potential to Venezuelan partners.
The agriculture sector needs to address challenges related to branding, geographical indications, traceability, and intellectual property to take full advantage of the free trade agreement Vietnam has signed with the EU, speakers said at a meeting on July 24.
Vietnam will make an all-out effort to remove difficulties facing Australian enterprises when exporting to Vietnam during the COVID-19 crisis, Minister of Industry and Trade Tran Tuan Anh told Australian Minister for Trade, Tourism and Investment Simon Birmingham during phone talks on the morning of May 8.
HCM City earned 9.85 billion USD from exports in the first quarter of 2020, a year-on-year increase of 7.5 percent, thanks to support policies and effective trade promotion.
Hanoi topped the country in terms of the management of food safety over agro-forestry-fishery products in 2019, according to the Ministry of Agriculture and Rural Development’s recently-announced rankings.
A delegation of the Ministry of Agriculture and Rural Development (MARD) led by Deputy Minister Le Quoc Doanh is on a visit to the US to enhance cooperation and farm produce trade from February 24-29.
A delegation of firms from Singapore was expected to visit Vietnam at the end of this month to seek fruit and vegetable suppliers, as imports from China were declining due to the outbreak of novel coronavirus (COVID-19).
Vietnam has planned drastic measures to support exports following the suspension of cross-border trade with China due to the novel coronavirus, known as 2019-nCoV.
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