Vietnam’s fruit and vegetable export turnover hit US$1.4 billion in the first five months of this year, down 17 percent compared to the same period last year, according to the Ministry of Agriculture and Rural Development (MARD).
The Ministry of Industry and Trade (MoIT) will continue to coordinate with relevant ministries and sectors in supporting businesses to minimize the impacts of trade remedies that may have a detrimental effect on Vietnam’s export activities.
The Food Safety and Inspection Services (FSIS) under the United States Department of Agriculture has recognized six more Vietnamese pangasius processing factories that are eligible to export products to the US, raising the number of establishments to 19, according to the Ministry of Agriculture and Rural Development’s National Agro-Forestry-Fisheries Quality Assurance Department (NAFIQAD).
After a temporary halt of operation due to the Covid-19 crisis, agricultural and aquatic products export businesses have worked at their full capacity to meet customers’ orders from the beginning of this year.
The total export turnovers of Vietnam since January 2022 has reached US$39,58 billion, an increase of 2.7 percent compared to last year, showing positive signals to the national economic recovery. However, many domestic enterprises are still concerned about the current dual pressure of fuel price rise and technical barriers to trade (TBT).
Right on the first day coming back from Tet holiday, businesses all over the country confidently restarted their daily operations to process previously received orders. With such a high spirit, many companies expect to reap more profit this promising year.
As a driving force of economic growth, enterprises should be more proactive in building production and business plans in the new situation given complicated developments of the Covid-19 pandemic, Minister of Industry and Trade Nguyen Hong Dien has said.
Vietnam’s pomelo has received green light from the US side to officially enter the US market in 60 days, according to Deputy Minister of Agriculture and Rural Development Tran Thanh Nam.
Vietnam Customs yesterday announced that because of time reduction in customs clearance procedures for import and export goods, Vietnamese businesses have been able to save over US$3.28 billion in both direct and indirect costs. This is the result of the survey ‘Cross-border Commercial Transaction Index 2020’ for trading environment improvement, national competitiveness increase.
The growth of processed seafood output in Vietnam will reach over 6 percent a year by 2030 under a national seafood processing development strategy for 2021-2030 which has been approved by the Prime Minister.
