Honeydew melons for export are grown in Cu Chi District in Ho Chi Minh City. (Photo: SGGP)

Export of agricultural products shows signs of slowdown

In the first five months of this year, agro-forestry-aquatic exports of Vietnam have showed sign of slowdown with key products including rice, black pepper, cashew nuts, cassava, fruits and seafood seeing a slump in export turnover whereas agro-forestry-aquatic exports hit a record of above US$40 billion last year.
Firms ask for preferential tax treatment for export to Canada

Firms ask for preferential tax treatment for export to Canada

According to the latest news from the Ministry of Industry and Trade, up to now, it has received more than 400 dossiers from enterprises asking for preferential tax treatment when exporting to Canada after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) took effect.
Traders buy fresh regular paddy at VND4,300 per kilogram which is fairly low. (Photo: SGGP)

Mekong Delta farmers suffer rice crop failure, low price

Farmers in provinces in the Mekong Delta have grown rice on an area of 1.6 million hectares in the summer-autumn rice crop this year. At the present, farmers in Dong Thap, Hau Giang provinces and Can Tho City start to harvest rice but they do not earn much due to poor productivity and low price.
Trade deficit from China rises 45.9 percent

Trade deficit from China rises 45.9 percent

Vietnam saw a trade deficit of US$1.3 billion in May this year, according to the General Statistics Office of Vietnam's report on the trade balance of goods.
Several products exported to Japan see slumps in turnover

Several products exported to Japan see slumps in turnover

According to the Asia-Africa Market Department under the Ministry of Industry and Trade, in the first quarter of this year, although export turnover of Vietnam to Japan’s market rose 6.7 percent compared to the same period last year, some key export products have seen sharp declines.
Firms need to be cautious about exporting to China

Firms need to be cautious about exporting to China

According to the Agency of Foreign Trade under the Ministry of Industry and Trade, the Commercial Counselor of Vietnam in China recently has had tip-offs and warnings about possible risks Vietnamese enterprises might encounter when exporting to Chinese market.
The US has been carrying out antidumping investigation on made-in-Vietnam plywood. (Photo: SGGP)

US market no longer comfortable for Vietnamese enterprises

The US Government has recently increased import tariffs on goods imported from China which in short term might create certain advantages for exported goods of Vietnam; however, according to many enterprises, in long term, the US market is no longer a potential and comfortable market.
Workers process pangasius fish at a seafood processing company. (Photo: SGGP)

Pangasius fish price drops, market fluctuates

After strongly increasing for a long time, the prices of raw pangasius fish in provinces in the Mekong Delta dropped to around VND23,000-VND25,000 per kilogram, at which farmers were only able to break even.
Vietnamese mangoes have officially been allowed to be exported to the US. (Photo: SGGP)

Vietnam, US two-way trade posts robust growth

Figures by the Vietnam Chamber of Commerce and Industry showed that two-way trade between Vietnam and the US has climbed by 120 times from US$450 million in 1994 to $60 billion in 2018.