Vietnam-Cuba investment and trade ties have great untapped potential, a conference heard in HCM City on February 5.

VOV.VN - Vietnam has been the world largest exporter of cashew nuts for the 13 consecutive years and also the world leading cashew processing hub and exporter over the last three years. Despite yielding impressive results, growers and businesses have brought in less than 40% profits in the global value chains.

Washing machines and solar panels manufactured in Vietnam and exported to the US will be slapped with new US tariffs, a concern to manufacturers who still plan to keep their investments in the country on track.

The Mekong Delta province of Tien Giang earned US$220 million in exports in January, a rise of 9.2% year on year, according to Director of the provincial Department of Industry and Trade Ngo Van Tuan.

Representatives from Vietnam and the Republic of Korea (RoK) have discussed measures to foster bilateral trade ties, towards a target of US$100 billion in two-way trade by 2020.

Vietnam shipped nearly 6 million tones of rice in 2017, up one million tones compared to the year before. Continuing the success, since the beginning of 2018, many enterprises have earned high price orders, helping to increase the domestic rice prices by 30%.

An estimated 524,000 tonnes of rice was exported in January, bringing home US$249 million, reported the Ministry of Agriculture and Rural Development.

Relevant agencies need to better promote trade and remove barriers so as to earn US$40 billion from agro-forestry-fishery exports this year, said Deputy Minister of Agriculture and Rural Development Tran Thanh Nam.

VOV.VN - A delegation of 19 business representatives from Estonia, Finland, France, Germany, Greece, Ireland, Italy, Poland, Portugal, and the UK are on a four-day visit to Vietnam as they seek opportunities in the food industry.

Thousands of Japanese goods imported into Vietnam will enjoy a zero percent tariff, in line with the SEA country’s commitments to lower tariffs as outlined in the Vietnam-Japan Economic Partnership Agreement (VJEPA) and the ASEAN-Japan Comprehensive Economic Partnership Agreement (AJCEP) for 2016-19.

Export turnover of agro-forestry-aquatic products in January 2018 was estimated at US$3.09 billion, up 25.9% against the same period last year. 

Vietnam’s export-import value reached US$38.3 billion in January – up 39.9% compared to a year earlier but down 3.1% compared to December 2017, according to the General Department of Customs.

Petrol imports totalled 900,000 tonnes, worth US$552 million in the first month of the year, up 3.5% in volume and 10.9% in value year on year, according to the General Department of Customs.

Export turnover of the southern province of Dong Nai hit US$1.267 billion in January, up nearly 14% against the same period last year, according to the provincial Department of Statistics. 

Post-harvest losses not only refer to the quantity of lost crops, but also any reduction in their quality and access to international markets, experts have said.

VOV.VN - Vietnam’s encouragement of commercial arbitration has been hailed by the international community. The country's socialist-oriented market economy and its strong international integration have offered numerous opportunities for trade promotion.

The Ministry of Transport issued a circular to guide the implementation of Decree 116 that tightens control over quality, technical safety and environment protection of imported autos.

Vietnam paid US$410 million for imported beef last year due to increasing demand, according to the Ministry of Agriculture and Rural Development.

Vietnam exported 3.75 million tonnes of steel in 2017, a year-on-year increase of 34%, according to the Vietnam Steel Association (VSA). 

The Republic of Korea (RoK)’s imports of Vietnamese agricultural and livestock products rose by 34% in two years since the two countries’ free trade agreement (FTA) took effect in December 2015.

Vietnam’s exports to many Southeast Asian countries like Malaysia, Singapore, Thailand, the Philippines, and Cambodia have grown strongly recently and are predicted to continue the upward trend in 2018.

Vietnam exported over one billion pairs out of 23 billion pairs of shoes sold worldwide in 2017, continuing to maintain the second position (after China) in shoes export.

VOV.VN - Vietnam is efficiently implementing many regional and bilateral free trade agreements pursuant to the national policy of global integration. The FTAs have expanded Vietnam’s export markets and improved its export values, economic structure, and competitiveness.

VOV.VN - Vietnam’s imports of milk and dairy products rose by 1.59% to US$865.4 million in 2017, according to the General Department of Vietnam Customs.

Exports of the Republic of Korea (RoK) to Vietnam increased impressively in 2017, making its trade surplus with the Southeast Asian country surpassing that with the United States.

The northern province of Phu Tho has outlined plans to bolster exports in 2018 by focusing on trade promotion and building trademarks for local staples, said Director of the provincial Department of Industry and Trade Nguyen Manh Hung.

VOV.VN - The value of trade between Vietnam and the Southeast Asia region increased 18.8% to US$49.4 billion last year, of which exports accounted for US$21.7 billion (up 10.4%) and imports US$27.7 billion, up 14.9% on the previous year. 

VOV.VN - Vietnam’s fisheries sector will focus on high-tech farming of shrimp and tra fish to get an export revenue of US$9 billion in 2018.

VOV.VN - It is not difficult for the footwear industry to fulfil the target of US$20 billion export value this year, says Nguyen Duc Thuan, chairman of Vietnam Leather, Footwear and Handbag Association (Lefaso).

The southeastern province of Dong Nai achieved a record trade surplus of US$2.17 billion last year, the highest recorded in the country, according to the provincial People’s Committee.