Vietnamplus

Greater demand in the international market has resulted in higher rice prices in the domestic market in recent months, according to Minister of Agriculture and Rural Development Le Minh Hoan.

Several measures have been recommended to help Vietnamese exporters cope with dwindling demand in many markets around the world.

Thailand's exports decreased by 4.6% in May from a year earlier, according to the country’s Ministry of Commerce (MoC).

Indonesia's trade surplus in April increased from the previous month, with imports softening due to less production activities during the holiday of Ramadan, according to a poll conducted by Reuters.

The Bank Indonesia (BI) announced at its meeting on April 18 it will keep its benchmark interest rates unchanged for a third straight time, predicting headline inflation would be back within its target sooner.

The Indonesian Ministry of Marine Affairs and Fisheries continues to boost tilapia production to meet the high global demand for the commodity.

The value of exports, the main driver of Thailand’s growth, dipped for the fourth month in a row in January due to slowing global demand, according to the Ministry of Commerce.

With obstacles and challenges awaiting the garment and textile sector in the first half given a lack of recovery signal in global demand, most firms have prepared their schemes to overcome.

Vietnam raked in 25.08 billion USD from exports in January 2023, down 13.6% from the previous month, according to the Ministry of Industry and Trade (MoIT).

Falling orders caused by weak demand have left firms with no choice but to shed jobs and scale down production in the last months of the lunar year.

Global demand for goods is recovering and this is an opportunity for Vietnam to boost its exports of consumer and industrial products, according to the Ministry of Industry and Trade (MoIT).

Vietnam’s rice export prices hit a more than nine-year high this week as fresh orders trickled in, while rates for the Indian variety held near a one-month peak on healthy demand from buyers in other Asian countries and Africa, according to an article published on Pakistan’s news website Business Recorder.

Increasing global demand, stable domestic production, and better rice quality count among the reasons Vietnam can be confident its rice exports will prosper again in 2021 and surpass the 3.1 billion USD in revenue posted in 2020, despite a significant decline in the first two months of this year.

Thai chicken exports rose less than expected in the first half of this year due to COVID-19, according to the Thai Broiler Processing Exporters Association (TBPEA).

Vietnam expects to achieve its export target of 6.7 million tonnes of rice this year due to high global demand, according to an official.

Singapore’s key non-oil domestic exports (NODX) suffered a year-on-year drop of 14.6 percent in the second quarter, Enterprise Singapore said on August 13.

Slowing global demand will have adverse impacts on Vietnam’s manufacturing growth in the remaining months of the year, experts forecast.

Vietnam earned 220 million USD from shipping 175,000 tonnes of rubber abroad in January, up 10.8 percent in value and 28.9 percent in volume compared to the same month last year.

There is room for the development of Vietnam’s shrimp sector thanks to favourable farming conditions and increasing global demand, heard a conference held in Ho Chi Minh City on August 23.

Wood processing and export businesses of Vietnam hold many opportunities to expand market and increase export value in the time ahead, experts said at a workshop in Ho Chi Minh City on March 7.