Footwear exports this year are unlikely to hit the target of US$24 billion because of the fallout of the COVID-19 pandemic, according to the Ministry of Industry and Trade.
VOV.VN - Vietnam exported 23.9 million tonnes of cement during the opening eight months of the year, grossing approximately US$882 million, representing a year-on-year rise of 15.7% in volume and 1.2% value in turnover, according to the General Department of Vietnam Customs.
VOV.VN - Vietnam shipped its first batch of coffee to a number of European countries on September 16 following the enforcement of the EU-Vietnam Free Trade Agreement (EVFTA), which will see coffee exports enjoy a preferential tariff of 0%.
Tra (pangasius) fish farming has been hit by a double whammy of COVID-19 and prolonged saltwater intrusion in rivers in the Mekong Delta region, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
VOV.VN - The opening eight months of the year witnessed the country’s export and import turnover reach over US$50 billion, whilst its trade surplus hit a record high of approximately US$13.5 billion, according to figures released by the Customs General Department.
VOV.VN - As a means of increasing the trade of agricultural products from Vietnam and the US in the near future, it is necessary to continue solving problems relating to taxation and quarantine processes on imports in order to fulfill commitments between the two sides.
After a local silk importer was recently found to be disguising Chinese products as Vietnamese to sell them in India, experts have warned of the risks of losing out on exports and preferential tariffs due to intellectual property (IP) violations.
VOV.VN - The implementation of the EU-Vietnam Free Trade Agreement (EVFTA) in early August represents hope that Vietnamese shrimp exports to the EU market will rise during the remaining months of the year.
Experts believe Vietnam this year will reach its export target for timber and wooden products at US$12 billion, despite the impact of the COVID-19 pandemic.
Vietnam’s shrimp and tuna exports to EU markets showed signs of recovery in July and August despite the impact of COVID-19, rising slightly against previous months and the same period last year.