Agro, fishery, forestry export turnover slides

Agro, fishery and forestry export turnover decreased by 2.8 percent over the same period last year, reaching only US$14.42 billion in the first half this year, reported the Ministry of Agriculture and Rural Development yesterday.

Cacao harvest in the Central Highlands (Photo: SGGP)

The turnover was estimated to reach US$2.6 billion in June alone.

In the six months, farm produce exports brought US$6.93 billion, down 7.4 percent. The most reduction was recorded in rice and coffee.

Of these, rice export was reported down 6.2 percent in volume and 10.5 percent in value.

Coffee business dropped by 35.8 percent in volume and 35.1 percent in value.

Forestry products sustained stable growth rate. Timber and wooden products saw export value up 8 percent.

The U.S., Japan and China were three largest import markets of Vietnam in the first five months this year, accounting for 66.04 percent of total export turnover. 

By Van Phuc – Translated by Hai Mien

Other news

Most view

Banking-finance

VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Economy

HCMC focuses on safe pig breeding chain

The HCM City department of agriculture & rural development has just held conference about the sustainable pig breeding and safe pork production market in HCMC.

Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market

STK to issue 10.8million shares

The shareholders of Century Synthetic Fiber Corp (code: STK) have approved plan to issue 10.8 million shares.