Vietnam, S.Korea eye US$100b in bilateral trade by 2023
HCMC – State President Nguyen Xuan Phuc suggested Vietnam and South Korea strive to raise two-way trade to US$100 billion by 2023 and US$150 billion by 2030. President Phuc put forward the suggestion while receiving South Korea’s Minister of Foreign Affairs Park Jin at the Presidential Palace in
China considers importing sweet potatoes from Vietnam
CAN THO – China will send a team to Vietnam this week to conduct inspections of sweet potato growing areas and packaging facilities in preparation for importing the produce into the Chinese market. Le Van Thiet, deputy director of the Plant Protection Department under the Ministry of Agriculture
VN-S’pore trade grows 16% in Jan-Sept
HCMC – The January-September period saw two-way trade between Vietnam and Singapore expanding 16% year-on-year to US$7 billion. Speaking at his talks in Hanoi yesterday with Singaporean President Halimah Yacob during her State visit to Vietnam, State President Nguyen Xuan Phuc said that despite
Vietnam strategy targets sustainable production
(VEN) - Vietnam is shifting to more sustainable production in accordance with its goods import-export strategy to 2030, which places green development, ecological industries, renewable energy, and circular economy models as the country’s new driving force
Agro-forestry-fishery exports set to reach target
(VEN) - The Vietnamese agro-forestry-fishery sector is hopeful of reaching its 2022 US$50 billion export target in view of continued positive signals from importing markets.
Foreign trade value to exceed US$700 billion
(VEN) - Given impressive growth in recent times, Vietnam’s foreign trade value in 2022 is expected to exceed US$700 billion. Tran Thanh Hai, Deputy Director of the Agency of Foreign Trade under the Ministry of Industry and Trade (MoIT), discussed these re
Overcoming low export value challenge
(VEN) - Vietnam’s import-export value in the first eight months of 2022 totaled US$499.71 billion. The sum included nearly US$252.6 billion worth of exports and US$247.11 billion worth of imports. Despite a trade surplus of US$5.49 billion, foreign trade
Bright prospects for rice exports
(VEN) - The conflict between Russia and Ukraine is fueling a global food crisis that affects many countries and has sent prices to record levels. In response, many countries are increasing food reserves, opening up opportunities for rice exporters in Asia
Progress on bird’s nest sales to China
(VEN) - The Ministry of Agriculture and Rural Development (MARD) is seeking to speed up negotiations with China on the multimillion-dollar export of bird’s nest products, prized for their health-related properties and culinary value.
Export value up but sustainability needed
(VEN) - Vietnam's trade in goods with foreign markets increased 2.7 times from US$203.6 billion in 2011 to US$545.3 billion in 2020, reaching US$668.5 billion in 2021 and US$371.17 billion in the first half of 2022, up 16.4 percent from the same period la
Firms cautioned about potential trade measures
(VEN) - Vietnamese firms are being urged to deal with trade defense measures being used by eight of the 11 signatories to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to protect domestic production (all except Singapor
State enterprises bolster Vietnamese goods chain
Prioritizing the use of each other’s goods and services has helped many businesses save costs, source raw materials and build a sustainable chain of Vietnamese goods.