VOV.VN - A delegation of 11 Pakistani businesses operating in pharmaceuticals and surgery have come to Vietnam for the International Exhibition for medicine, pharmacy, hospitals and rehabilitation (Pharmedi Vietnam) in Ho Chi Minh City.
The first batch of Laba banana - a specialty of Vietnam’s Central Highland province of Lam Dong – has been exported to Japan.
Vietnam’s tra fish export turnover to the US surpassed that to China to hit US$58.5 million in July, making up 30% of the country’s total export value of tra fish.
Vietnam’s steel exports rose 40.4% year on year to 3.41 million tonnes in the first seven months of the year, raking in US$2.53 billion, up 56.3%.
A surge in exports pushed Vietnam’s trade surplus to US$2.85 billion in the first seven months of this year, reported the General Department of Vietnam Customs.
Hoang Anh Gia Lai Agriculture Jsc is set to invest in another 5,000 hectares of land in Cambodia to grow bananas for export to China.
Vietnam-Thailand trade is likely to hit US$20 billion in 2020, but the target to keep the trade value in balance may not be met with Vietnam currently running huge trade deficit with the neighbouring country.
The Vietnamese exporters are required to be perfect when it comes to export to the US, a demanding market with stringent requirements, according to industry insiders.
Vietnam imported 1,287 automobiles of different kinds worth US$31.3 million from August 3-9, 81% of them were from Thailand and Indonesia, according to the General Department of Customs.
VOV.VN - Exports of industrial products to the UK continued their strong upward trend over the first seven months of this year, with a more than four-fold increase in exports of electrical wires and cables compared to the same period last year.
Vietnam’s tuna export revenue is likely to reach the target of US$500 million in 2018 as the figure already hit US$351 million in the first seven months of this year, while growth has been seen in the majority of markets.
Vietnam’s agricultural and aquatic exports to China are likely to face higher quality requirements and stronger competition from other ASEAN exporters although China’s demand for these goods is still on the rise, heard a meeting on August 18.
Bilateral trade turnover between Vietnam and the Czech Republic in the first half of 2018 recorded an expansion of nearly 14% compared to the same period last year, marking a successively stable growth rate of over 10% per year since 2015.
Minister of Industry and Trade Tran Tuan Anh has issued a directive on enhancing State management of scrap imports in order to implement the Prime Minister’s guidelines on strengthening the management of the import and use of scrap.
VOV.VN - Vietnam considers Argentina one of its most important trade partners in Latin America with two-way trade turnover increasing year by year from US$2.3 billion in 2015 to US$2.9 billion in 2016 and reaching around US$3.5 billion in 2017.
The average export price of Vietnamese rubber fell in tandem with the global price, affected by the escalating US-China trade war, according to the Agro Processing and Market Development Authority (AgroTrade) under the Ministry of Agriculture and Rural Development.
Over the past years, the forestry industry has established itself as an important economic sector of the country. Notably, wood and wood products have become the sixth biggest currency earner of Vietnam, making the country the largest exporter of the products in ASEAN, second in Asia and fifth in the world.
It has become more difficult to export steel products to large markets amid the strong rise of protectionism. Steel manufacturers have been advised to protect and exploit the domestic market, which is full of potential.
Vietnam earned US$109 million from exporting 67,000 tonnes of tea in the first seven months of 2018, a year-on-year decrease of 12.9% in volume.
Developing product chains is an important solution to sustainable export growth, heard a conference in Hanoi on August 8.
VOV.VN - Bilateral trade between Vietnam and the UK reached US$3.12 billion in the first half of this year (a year-on-year rise of 14.2%), with Vietnam’s exports to the European market at US$2.73 billion (up 14%) and imports at US$389.76 million (up 14.7%), according to the General Department of Vietnam Customs.
