(VOV) - Vietnam’s cashew exports are declining due to lower output and storage, according to the Vietnam Cashew Association (Vinacas).
(VOV) - The Ministry of Agriculture and Rural Development (MARD) has reported January’s agricultural exports earned US$1.17 billion, up 46.6 percent over 2012.
(VOV) - The Ministry of Agriculture and Rural Development is expecting January’s agro-forestry and fishery exports to rise 39.7 percent compared to the same period last year, hitting US$2.17 billion.
(VOV) - Vietnam ships more than 160,000 tonnes of cashew nuts abroad annually, becoming the US’ largest cashew nut exporter.
The Vietnam-Israel online business meeting opened in two venues in Hanoi and Te l Aviv on November 5.
Agricultural production has continued to grow steadily over the past seven months, according to the General Statistics Office (GSO).
Vietnam earned nearly US$50 million from exports to Myanmar in the first six months of this year, up 36.3 percent over the same period last year.
Vietnam earned US$666 million from exporting 97,000 tonnes of cashew nuts in the first six months of this year, a year-on-year increase of 26.6 percent in value and 41.2 percent in volume.
Agro-forestry and fisheries exports were estimated at US$2.5 billion in June, bringing the total export value in the first half of this year to US$13.67 billion, up 14.5 percent over the same period last year.
The total export turnover for the past five months hit nearly US$42.9 billion, representing a year-on-year increase of 24.1 percent, according to the Ministry of Industry and Trade (MoIT).
Cashew nut export contracts worth US$200 million from now until the third quarter of 2012 were signed at the 7th international customer conference held by the Vietnam Cashew Association (Vinacas) in Nha Trang city, Khanh Hoa province on May 22-23.
Until early this year, the US was still regarded as one of Vietnam’s major export markets which accounted for 19-20 percent of the country’s total export turnover.
More than 30,000 hectares of land in Nampula province will be handed over to Vietnam’s agricultural investors, according to Mozambique News Agency.
The lower comparative advantage of price, instability in the Middle East and the debt crisis in Europe have all adversely affected Vietnam’s farm product exports.
Vietnam will create all favourable conditions for foreign investors, including those from the Philippines, to do business in Vietnam, affirms State President Truong Tan Sang.