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Import-Export

Handicraft export orders rise

In 2014, the export value of Vietnamese handicrafts jumped 8% on-year to US$1.6 billion, accounting for one-fifth of world market share. However, Vietnam’s handicraft exports have just targeted the low-end markets and have not matched their full potential. This was recently announced by the Department of Processing and Trade for …

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Garment sector tops nation’s exports

Garment and textile exports jumped 11.1% on-month in July to US$2.1 billion, surpassing the telephone sector as the nation’s leading export industry, reports the Ministry of Industry and Trade (MoIT). According to the Ministry’s latest statistics, garment and textile exports outpaced the telephone sector by US$ 0.5 billion. In the …

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Prospects for boosting seafood exports

Not only carving out a niche in key export markets, Vietnamese seafood has established a solid foothold in the global export market, further evidenced by higher that average annual growth rates than most other markets. In recent years, the seafood industry has made every effort to improve the quality of …

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Tuna exports to Netherlands surge

Vietnam’s tuna exports to the Netherlands hit nearly US$8.9 million in the first four months of this year, representing a year-on-year rise of 123%, despite an overall decrease in the European Union. Therefore, the Netherlands exceeded Spain to become the third largest importer of Vietnamese tuna in the bloc. The …

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It’s time to reduce imports from China

“It is high time Vietnam considers reducing its imports from the Chinese market,” says Le Thi Minh Thuy, Head of the Trade and Services Statistics Department under the GSO. In the first half of the year, China’s imports increased by 21% over last year’s same period to tally in at …

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Opportunities to export plastics materials to Turkey

In recent years, Vietnam’s export turnover of plastic materials to Turkey has experienced high growth. The country earned US$7.1 million from exporting plastics in 2011 and US$20.7 million in 2013, 191.5% higher than 2011. Yet, in the first four months of this year the nation earned just US$7.4 million, down …

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Timber exports to hit US$10 bln by 2020

Wood and timber product exports are expected to hit US$10 billion by 2020, according to an action plan for developing the wood market, approved by the Ministry of Agriculture and Rural Development (MARD). Nguyen Ton Quyen, General Secretary of the Vietnam Timber and Forest Products Association (Vietfores), believes Vietfores will …

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FTA with EU would boost exports

The Vietnam-EU Free Trade Agreement is expected to be signed by October will bring “win-win” opportunities of success for both sides’ business communities, delegates told a forum organised in Ho Chi Minh City on May 13. The EU continued to be the most important market for many key exports of …

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New Zealand: opportunity for Vietnamese products

Opening opportunity for fruit exports The MPI says a review of the importation has found that the risks associated with diseases can be managed to achieve New Zealand’s appropriate level of quarantine protection and is effective as from April 24. In addition to the common requirements for fresh fruits imported …

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US supervision on Vietnamese catfish poses threat to seafood exports

US trade barriers will not only pose risks to aquatic products from Vietnam but also from other ASEAN nations, told a recent roundtable on Vietnam-US agricultural cooperation in Washington DC. Vietnamese experts briefed US business representatives about trade and investment opportunities in Vietnam’s agro-forestry- fishery sector especially prospects for aquaculture. …

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