Vietnamese enterprises should take advantage of online marketing channels, re-arrange production and business orientations and strategies, and bring into full play advantages brought by free trade agreements if they want to achieve sustainable export growth, according to insiders.
Import-export value of agro-forestry-fisheries products hit nearly US$11 billion in the first two months of 2021, resulting in US$1.37 million in trade surplus, up 28.4% year on year, according to the Ministry of Agriculture and Rural Development (MARD).
VOV.VN - The total import and export value of foreign direct investment (FDI) enterprises in January saw a surge of 60.1% to US$39.16 billion, equivalent to an increase of US$14.69 billion, according to figures compiled by the General Department of Vietnam Customs.
Vietnam earned an estimated US$700 million from exporting goods to Israel in 2020 despite difficulties and obstacles posed by the COVID-19 pandemic, according to the Vietnamese Trade Office in the Middle East country.
VOV.VN - Despite the impact of the COVID-19 pandemic, Vietnam has obtained a trade surplus of US$1.3 billion in January, according to the Ministry of Industry and Trade.
VOV.VN - Foreign direct investment (FDI) enterprises recorded a trade surplus of US$33.87 billion during 2020, while their export value reached US$202.89 billion, representing an annual increase of 10.7%, according to figures released by the General Department of Vietnam Customs.
Total import-export turnover through border gates of northern Lao Cai province, which borders China, reached nearly US$1.7 billion in 2020, equal to 94% of the previous year.
Vietnam earned US$3.26 billion from exporting fruit and vegetables in 2020, a year-on-year decline of 13%, the Ministry of Agriculture and Rural Development (MARD) has reported.
Handicrafts are identified as one of the product groups with great export potential and high-profit margin that Vietnam needs to boost in the future.
VOV.VN - Despite the local economy facing up to the various challenges brought about throughout the course of the year and many industries suffering negative growth, the export sector has remained resilient and has recorded stellar gains at an estimated figure of over US$44 billion.