Tra fish (pangasius) exports are likely to surpass US$2 billion for the first time this year, presenting an opportunity for Vietnam’s aquatic product exports to realise or even exceed its yearly goal of US$9 billion.

VOV.VN - Vietnam’s rice exports are likely to continue their vigorous growth in the late months of the year as the demand from China, the Republic of Korea (RoK), the Philippines and African countries is increasing.

Export revenue of aquatic products in August hit US$739 million, pushing total earnings in the first eight months of 2018 to US$5.5 billion, up 5.3% year on year, reported the Ministry of Agriculture and Rural Development (MARD).

Vietnam’s export turnover from glass and glass products reached US$592.8 million in the first seven months of 2018, representing a year-on-year increase of 6.1%, according to the General Department of Customs. 

Identifying HCM City’s typical export products should not be based simply on their export volume or value or subjective decisions, but on careful analysis, experts have said.

Vietnam misses many opportunities to export farm produce because of food safety requirements set by import countries.

Vietnam spent more than US$2 billion on importing cotton in the first eight months of 2018 – the biggest-ever spending of the garment and textile sector.

The agro-forestry-fishery sector raked in US$3.13 billion from exports in August, raising the total value in the first eight months of this year to US$25.7 billion, up 7.3% year-on-year. 

Vietnam’s vegetable and fruit exports in August this year is estimated at US$346 million, pushing the total revenue in the first eight months of this year to US$2.7 billion, up 14.1% over the same period last year.

Vietnam’s total import-export value in the first eight months of this year reached more than US$308 billion, a year-on-year rise of 13%, according to the General Department of Vietnam Customs.