(VAN) Many businesses have to accept to break even and even losses to keep customers when production costs are continuously pushed up, which reduces their competitiveness.
The growth of cheap chicken imports in recent times has put greater competitive pressure on domestic products, thereby causing plenty of difficulties to domestic chicken producers, according to insiders.
Prime Minister Nguyen Xuan Phuc has signed Decision 38/QĐ-TTg approving the scheme on reforming the quality and food safety inspection model for imported goods.
Last year’s export growth of 6.5% can be viewed as a bright spot in the nation’s economic picture, with this growth being attributed to the signing of a number of free trade agreements (FTAs).
VCN - In 2020, the Customs sector continued to expand the automated customs management and supervision system (VASSCM) via the connection and exchange of information with enterprises operating ports, airports, warehouses and yards under customs supervision.
Following the implementation of several free trade agreements (FTAs), shrimp exports in 2021 are anticipated to increase by 15% compared to last year, to reach over US$4 billion in revenue, according to insiders.
VCN- The main target set for2030 is the value of seafood export turnover to reachUS$14-16 billion; by 2045, Vietnam will be a hubof deep seafood processing, belonging to the group of three leading seafood producing and exporting countries in the world.
Joseph Incalcaterra, chief economist for ASEAN at the HSBC Global Research has hailed Vietnam’s handling of the virus, as saying that its response to the pandemic allowed the country to maintain its reputation as a “very good destination” for foreign direct investment.
VCN- 2020 wasa difficult year for Vietnam's agricultural sector in many aspects, especially the serious impact ofthe Covid-19 pandemicon agricultural, forestry and fishery exports. However, the total export value for the whole year still achieved impressive results of over US$41 billion.
VCN - Closing a relatively successful year of 2020 in the context of difficulties, the entire agriculture, forestry and fishery sector is "ramping up" in 2021 towards a target of over US$42 billion.
Vietnam’s rice export price reached its latest peak on January 3 at US$505 per tonne, representing a record high over the previous nine years, according to rice traders.
Vietnam's total import-export turnover enjoyed a surge of 5.1% to US$543.9 billion compared to 2019 despite facing numerous difficulties throughout 2020, with the country posting a trade surplus of US$19.1 billion, the highest level for five consecutive years since 2016, according to the General