Vietnam moved up four grades to become the second largest exporter to the US in 2020, with its export turnover surging 24.5% to an estimated US$76.4 billion.
VOV.VN - The nation has great potential to bolster exports to Mexico, Peru, and Chile, three Latin American countries who have made high tariff-reduction commitments in line with the terms of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
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.
VOV.VN - Vietnam has obtained a trade surplus of US$19.1 billion in 2020, representing a record high figure over five years in a row, the General Statistics Office announced on December 27.
The Vietnam Association of Seafood Producers and Exporters (VASEP) said it plans several measures to help its members further penetrate the global supply chain and enable the fisheries sector to reach its export target of US$12 billion in 2025, 40% higher than this year.
VOV.VN - Vietnam's shrimp exports are expected to record a dramatic increase of 12.4% to US$3.78 billion in comparison with other export items this year despite suffering from the adverse impacts of the novel coronavirus (COVID-19) pandemic, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
While 2020 has been a successful year for Vietnamese rice exports, more must be done to accelerate the development of the national rice brand, experts have said.
Vietnam’s tea industry is projected to meet the targets set for this year and earn total revenue of some US$522 million, with green tea making up 51% and black tea 48%.
Wood export turnover this year is expected to reach a record high of nearly US$12.5 billion despite the COVID-19 impact, as well as risks from export markets and the country’s policy changes in controlling the legality of imported wood materials.
Steel exports in November surged 21.52% month on month and 40% year on year, reaching more than 478,300 tonnes, reported the Vietnam Steel Association (VSA).