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(VEN) - Although it is the world’s biggest exporter of cashews and a world-leading exporter of wood products, Vietnam has to import raw materials to process these products for export.

(VEN) - With 24 million consumers and an annual foreign trade value of more than US$600 billion, Australia offers an array of opportunities for Vietnamese goods.

(VEN) - Vietnam’s exports of wood and timber products reached a record high of about US$8.85 billion in 2018, with the United States its biggest market, emboldening the forestry sector to target exports of US$10.5 billion in 2019.

(VEN) - European Commission inspectors will visit Vietnam in April rather than in January, as planned, to conduct a final check before the bloc decides whether to lift the yellow card with which it issued Vietnam for illegal fishing.

South Africa retained its top position among African trade partners of Vietnam in 2018, with bilateral trade topping US$1.1 billion, up 11.7% from 2017 and accounting for 16% of total trade between Vietnam and African countries.

The fierce competition in both the domestic and export markets is forcing ceramic producers to improve their production process and product quality.

Năm 2018 là một năm thành công đối với hoạt động xuất khẩu của ngành dệt may Việt Nam với tổng kim ngạch xuất khẩu đạt trên 36 tỷ USD, tăng tới 5 tỷ USD (16,36%) so với năm 2017, đạt mức tăng cao nhất trong những năm gần đây.
 

(VEN) - Rice has dropped from first to second place in the government’s priority farm produce exports due to the crop rotation policy. However, despite initial difficulties, rice exports have achieved breakthroughs in terms of structure and price and they are still a key, sustainable export.

(VEN) - Vietnam is striving to achieve its target of reaching e-commerce revenues of US$10 billion by 2020 and to offer Vietnamese goods on major global exchanges such as Amazon, Dang Hoang Hai, Director of the Ministry of Industry and Trade’s Vietnam E-Commerce and Digital Economy Agency, tells Vietnam Economic News’ Quynh Nga and Lan Anh.

Petrol imports this year should be sharply reduced as the Nghi Son Refinery comes into operation and the output of Dung Quat Refinery meets most of the local demand, said Deputy Minister of Industry and Trade Do Thang Hai.

(VEN) - The Buy Vietnamese Goods campaign has yielded positive results after 10 years of implementation. Deputy Minister of Industry and Trade Do Thang Hai emphasized the target of Vietnamese goods conquering Vietnamese people among the campaign goals in the coming time.

Vietnam Nutrition Food JSC (NutiFood) and Japanese beverage group Asahi, the owner of baby food brand Wakodo, on January 10 announced the establishment of their joint venture, aiming to bring nutritional products for children that fit Japanese standards into Vietnamese market.

The Son La strawberry and safe farm produce week 2019, the first of its kind, kicked off in Big C Thang Long supermarket in Hanoi on January 18. 

(VEN) - The number of trade defense lawsuits against Vietnamese exports has increased dramatically in recent years, especially in 2018. The Ministry of Industry and Trade’s Trade Defense Department forecast this trend would continue given the unpredictable developments in foreign markets.

(VEN) - Coffee exports are expected to reach US$3.5 billion in 2018, Luong Van Tu, Chairman of the Vietnam Coffee - Cocoa Association (VICOFA) recently told Vietnam Economic News’ Phuong Lan.

Ngày 18/1/2019, tại TP. Hồ Chí Minh, Hội Thủ công Mỹ nghệ và chế biến gỗ TP.HCM (HAWA) đã công bố dự án HAWA DDS và ra mắt Cơ sở dữ liệu gỗ Hợp pháp Việt Nam. Dự án được sự hỗ trợ của nhiều tổ chức quốc tế trong đó có FAO (tổ chức Nông Lương Liên Hiệp quốc), hứa hẹn sẽ mang đến nhiều thuận lợi vượt trội cho doanh nghiệp (DN) ngành gỗ Việt.

Vietnamese firms are introducing confectionery, beverages and fruits at the Indus Food 2019 fair, which opened on January 14 in Greater Noida city in India’s northern Uttar Pradesh state.

(VEN) - Vietnam achieved record export results in 2018 despite the threats to the global economy, largely due to market diversification, doubling its trade surplus compared to 2017. “Having diversified export markets helped Vietnam to sustain export gains and to mitigate economic risks from external economic fluctuations,” according to a recently issued report by the World Bank.
 

(VEN) - Vietnam has achieved impressive rice export results this year. Domestic companies have won bids to export rice to various markets. The number of government rice trade contracts has decreased while more commercial contracts have been signed. Rice exporters have gradually shifted the focus of their attention from quantity to quality.

(VEN) - Despite big trade promotion efforts, Vietnamese tea exports to Russia have declined in both volume and value.

(VEN) - Having put its fourth food platform into operation in Vietnam recently, MM Mega Market (MM) is fast-tracking production links to promote exports of Vietnamese agricultural products. Vietnam Economic News’ Huynh Pham spoke with Phidsanu Pongwatana, Managing Director of MM Mega Market Vietnam, about the company’s strategy to develop an agricultural model.

(VEN) - Domestic wood companies will say “no” to illegal timber when the Voluntary Partnership Agreement (VPA) between Vietnam and the EU on Forest Law Enforcement, Governance and Trade (FLEGT) takes effect. Nguyen Ton Quyen, Secretary General of the Vietnam Timber and Forest Product Association (VIFORES), spoke about the agreement with Vietnam Economic News’ Hanh Nguyen.

(VEN) - At a recent meeting of the Ministry of Industry and Trade (MoIT), Phan Van Chinh, Director of the Foreign Trade Agency, said the 2018 import and export value is expected to exceed forecasts and the targets set by the National Assembly.

(VEN) - The 16th Vietnam International Trade Fair (Vietnam Expo 2018) took place in Ho Chi Minh City from December 5-8, with 800 pavilions and the participation of 750 companies from 20 countries and territories. 

Vietnam’s exports to Cambodia exceeded 3 billion USD last year, setting a record high in a decade and opening up opportunities for local firms to capitalise on untapped potential of the neighbouring market, statistics show.

Businesses in the central province of Thua Thien-Hue are expected to earn over 1.05 trillion USD in 2019, up about 15 percent against the previous year. 

(VEN) - Secretary of Argentina’s Embassy in Vietnam, Carmen Rivero tells Vietnam Economic News’ Hoa Quynh that local business needs to pay greater attention to consumer cultures and demands in order to access the Argentine market.

(VEN) - Developing farm produce markets, including helping farmers increase sales, is an important target set by the Ministry of Industry and Trade (MoIT).

Vietnam exported goods to 200 countries and territories worldwide in 2018, including 50 major markets, Sai Gon Giai phong (Liberated Saigon) daily reported. 

According to preliminary data of Statistics Canada, Vietnam’s exports to the North American country rebounded in 2018 to CAD5.35 billion, up 5.2% year on year. Its imports from Canada stayed flat at around CAD1.01 billion.