Vietnam set a new record in rice export revenue in the first nine months of 2023 thanks to the increasing price of exported rice, according to the Ministry of Agriculture and Rural Development.

VOV.VN - The United States Food Safety and Inspection Service (FSIS) recently conducted a thorough review into the food hygiene and safety management system of Vietnamese tra fish exports to the US, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien.

Vietnam’s agro-forestry-aquatic product exports raked in US$29.13 billion in the first seven months of 2023, while its imports reached US$23.25 billion, resulting in a trade surplus of US$5.88 billion, up 3.4% year-on-year, the Ministry of Agriculture and Rural Development (MARD) reported.

Several measures have been recommended to help Vietnamese exporters cope with dwindling demand in many markets around the world.

VOV.VN - Vietnam’s e-commerce export revenue is anticipated to reach VND296.3 trillion by 2027 providing that local firms receive sufficient support to accelerate the pace of applying e-commerce to export products and services, according to the latest study conducted by Access Partnership.

With the ongoing recovery momentum of agro-forestry-aquatic product exports in recent months, the export turnover of the sector is expected to enjoy a rebound and achieve growth again from the fourth quarter, said Deputy Minister of Agriculture and Rural Development Phung Duc Tien.

Despite an overall export decline due to the shortage of orders, foreign direct invested (FDI) businesses still posted more than US$14 billion in trade surplus in the first four months, further affirming their role as the main growth driver of the economy.

Global and domestic coffee prices are at high levels, providing opportunities for Vietnam to maintain a coffee export revenue of over US$4 billion this year, a record set in 2022, while the global supply is narrowing down.

VOV.VN - Vietnam produced a trade surplus of US$6.35 billion in the first four months of the year, announced the General Statistics Office (GSO) on April 29.

VOV.VN - Enterprises based in Ho Chi Minh City exported a total of US$7.5 billion worth of goods via border gates during the opening two months of the year, recording a year-on-year increase of 3%, according to the latest statistics compiled by the Ho Chi Minh City People's Committee.