Vietnam's food businesses will likely have more opportunities to increase exports thanks to high world demand while leading agricultural-producing countries tend to curb exports.
Since the Republic of Korea (RoK) started to invest in Vietnam in the 1990s, especially since the two countries set up their bilateral diplomatic relations in 2009, the country has become an important investor of Vietnam with capital rising year after year.
The Vietnam-Japan joint venture Angimex- Kitoku has unveiled its plan to expand its area of pesticide-controlled Japanese rice production next year for export to the European market.
VOV.VN - Vietnamese import and export value soared by 14.5% to reach over US$580 billion by mid-October, with the country posting a trade surplus of approximately US$7 billion, according to statistics given by the General Department of Vietnam Customs.
Fertiliser exports have set a new record, as the nine-month revenue was already US$300 million higher than last year’s figure, the Dau tu (Vietnam Investment Review) reported.
VOV.VN - There remains bright prospects ahead for Vietnamese rice exports in the EU amid European partners continuing to place orders of up to 400,000 tonnes of rice from local exporters.
VOV.VN - With tuna exports surging by 55% to nearly US$808 million during the past nine months of the year, the tuna industry is anticipated to rake in US$1 billion this year, according to figures compiled by the Vietnam Association of Seafood Exporters and Producers (VASEP).
VOV.VN - The opening nine months of the year witnessed the export of timber and wooden products to the United States grow by 1.9% to US$6.8 billion on-year, according to details given by the General Department of Vietnam Customs.
VOV.VN - Vietnam raked in more than US$14 billion from exports in the first half of October, with electronics, garments and footwear bringing in the largest turnover.
China is considering the import of Vietnam’s sweet potato via official channels, with its customs officers scheduling a virtual survey of growing areas and packaging facilities in Vietnam this week.