Vietnam’s seafood industry is facing an unprecedent challenge as the US has declined to acknowledge Vietnam’s equivalence to 12 seafood harvesting methods under the Marine Mammal Protection Act (MMPA) which can cause a loss of half a billion dollars in annual exports.

Vietnam’s rice exports are unlikely to be significantly affected in the short term, Acting Minister of Agriculture and Environment Tran Duc Thang said at a meeting on September 11 with businesses and associations following reports that the Philippines and Indonesia had temporarily suspended rice imports from early September.

VOV.VN - Vietnam’s shrimp exports to China and Hong Kong (China) as of August 15 soared 76% to US$767 million, representing almost 29% of Vietnam’s total shrimp export turnover – the strongest growth among all markets, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

VOV.VN - The Ministry of Industry and Trade (MoIT) underscored its determination to diversify markets, products, and supply sources to sustain Vietnam’s import-export growth at an August trade promotion briefing held in Hanoi on September 9.

VOV.VN - Vietnam spent about US$3.021 billion importing 136,490 completely built unit (CBU) cars in the opening eight months of this year, marking strong growth with a 38.3% increase in value and a 28.1% rise in volume, according to the Ministry of Finance.

VOV.VN - Contrary to the general downward trend in fruit imports, shipments of fruits from the United States and Chile to Vietnam have recorded a significant increase in recent months.

New Zealand considers Vietnam a very important partner, especially given Vietnam’s leading role within the Association of Southeast Asian Nations (ASEAN) and its active participation in various multilateral agreements, Speaker of the New Zealand House of Representatives (Parliament) Gerry Brownlee has affirmed.

VOV.VN - Eight decades after the devastating 1945 famine that claimed over 2 million lives, Vietnam has achieved a historic transformation to become one of the world’s top three rice exporters, with exports reaching around 9 million tonnes in 2024.

VOV.VN - China has become the largest import market for Vietnamese fruits, with durians, dragon fruits, mangoes and jackfruits increasingly sought after by Chinese consumers and businesses.

The domestic meat market is facing mounting pressure as imports surge, with cheaper products increasingly dominating supermarket shelves.