With the United States being Vietnam’s key export market, Vietnamese products have started to depart for the US right after stay-at-home orders are removed due to COVID-19.
VOV.VN - Local businesses have been advised to boost their internal strengths and take full advantage of opportunities presented by newly-signed free trade agreements (FTAs) in order to successfully meet the export target of US$300 billion for this year, according to insiders.
Vietnam’s shrimp exports are forecast to reach US$3.7 billion this year, posting an year-on-year increase of 9.8%, fuelled by the EU – Vietnam Free Trade Agreement (EVFTA) which facilitated export to the EU markets, according to Vietnam Association of Seafood Exporters and Producers (VASEP).
VOV.VN - The nation’s exports to the ASEAN market this year are expected to reach US$23.6 billion, while the average growth rate for the 2016 to 2020 period is predicted to witness a low level of growth at 5.26%, according to the latest report released by the Ministry of Industry and Trade (MoIT).
SunRice CEO Rob Gordon, head of Australia’s largest rice supplier, has announced that Australia is suffering a massive shortage of domestic rice supplies and would be forced to rely on imported Vietnamese rice in the lead up to Christmas 2020.
VOV.VN - Two-way trade between Vietnam and Japan is anticipated to reach a figure of US$40.7 billion by the end of the year, of which Vietnamese goods exported to the Japanese market are expected to reach approximately US$20 billion, according to data compiled by the Ministry of Industry and Trade (MoIT).
VOV.VN - China (Hong Kong) and the United States remain the two largest export markets for Vietnamese tra fish, with their market shares accounting for more than 50% of the total export value of local tra fish to 133 foreign markets, according to figures released by the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s exports this year could grow by 3-4% despite the COVID-19 pandemic, according to the Ministry of Industry and Trade (MoIT).
Vietnamese businesses could increase exports to India by US$633 million annually, the Standard Chartered Trade Opportunity Report has revealed.
VOV.VN - Vietnam exported seven million tonnes of steel and iron worth a total of US$3.65 billion during the first nine months of the year, an increase of 44.4% in volume and 16% in turnover, despite suffering a drop of 19.7% in value from the same period last year.