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.
Vietnamese exporters need to improve the quality of their products and take advantage of online platforms to reach foreign buyers amid the pandemic, especially in Thailand, a seminar heard in Ho Chi Minh City recently.
The EU-Vietnam Free Trade Agreement (EVFTA), two months after taking effect, has brought back several opportunities for Vietnamese exporters, said Deputy Minister of Industry and Trade Tran Quoc Khanh at a conference held in Ho Chi Minh City on October 17.
Vietnam’s export goods face more trade remedies in the process of deep economic integration, so the Ministry of Industry and Trade has developed solutions for the situation.
Vietnam has enjoyed a surge in timber and wood product exports to the US this year, but businesses need to choose the right items to focus on in order to tap into this major market, insiders said.