Commercial News

Vietnam expects more markets to open to farm produce in 2023

05/01/2023
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In 2023, the agricultural sector will promote negotiation to open more foreign markets for local farming commodities, said Hoang Trung, director of the Plant Protection Department under the Ministry of Agriculture and Rural Development (MARD).

Textile-garment targets up to 48 billion USD in 2023 export turnover

05/01/2023
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Textile and garment exports may reach 47 - 48 billion USD in the positive scenario for 2023 and 45 - 46 billion USD in the lower-case scenario, said the Vietnam Textile and Apparel Association (VITAS).

Vietnam’s agricultural sector posts record high growth in 2022

03/01/2023
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The Ministry of Agriculture and Rural Development on December 30 announced that the agricultural sector has achieved all goals set for this year, including a growth rate of 3.36%, a record for many recent years.

Ho Chi Minh City attracts 3.94 billion USD in FDI in 2022

03/01/2023
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Ho Chi Minh City absorbed about 3.94 billion USD in foreign direct investment (FDI) in 2022, up 5.4% year-on-year, according to the municipal People’s Committee.

Agro-forestry-fishery exports set new record in 2022

28/12/2022
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The agro-forestry-fishery export turnover in 2022 posted a new record, hitting over 53.2 billion USD in 2022, a year-on-year increase of 9.3%, according to the Ministry of Agriculture and Rural Development (MARD).

Export of aquatic products estimated at record 11 bln USD

28/12/2022
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Vietnam’s aquatic products are expected to earn about a record 11 billion USD from export this year, up 23.8% annually and 22% compared to the plan, said Deputy Minister of Agriculture and Rural Development Phung Duc Tien.

Ba Vi, the place to buy Hanoi specialties

27/12/2022
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Nguyen The Hiep, Deputy Director of the Hanoi Department of Industry and Trade said the capital’s suburban district of Ba Vi has formed organic and safe agricultural production areas, and registered brands for its products. These include Ba Vi milk and tea, Minh Hong vermicelli, Dong Thai sweet potato, and Ba Vi hill chicken, among others. The district has developed 138 OCOP (one commune one product) products.

EVFTA: Opportunities and challenges

27/12/2022
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Since the EU-Vietnam Free Trade Agreement (EVFTA) came into effect in August 2020, the economic-trade relations have become a bright spot of bilateral cooperation between Vietnam and the EU with remarkable results.

Trade surplus increases, agriculture shines

26/12/2022
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Vietnam enjoyed a trade surplus of nearly 11 billion USD in the first 11 months of 2022, of which the agricultural sector contributed significantly with 7.82 billion USD.