The groups of automobiles and electronic products imported from China into Vietnam had seen a sudden increase. Besides meeting consumer needs, this issue has also raised many concerns for the domestic electronics manufacturing industry.
There would be an abundance of avocados as the growing area of avocado trees has been increasing rapidly, the Department of Crop Production made the warning at an international conference on October 27.
Many traders have been seeking to buy Thai jackfruit in the Mekong Delta, causing the price to go up from VND50,000 to VND60,000 VND per kilogram, which ensures high profits of hundreds of millions of Vietnamese dong per hectare per year for farmers, according to the Department of Agriculture and Rural Development of Chau Thanh District in Hau Giang Province.
The Chinese market currently has a high demand for seafood after the Covid-19 pandemic, and it is also forming a coffee culture, with the number of coffee shops is on the increase, so Chinese enterprises are increasing imports. This is a good opportunity for Vietnamese agricultural and aquatic product exporters.
The Ministry of Industry and Trade and the Ministry of Agriculture and Rural Development said that Vietnam is entering the harvest season of many types of fruits, agricultural products, and foods so several large events to promote trade will be organized shortly to boost exports to the Chinese market as the demand in this country is on the increase after the Covid-19 pandemic.
Since the beginning of this year, prolonged hot weather and saltwater intrusion have caused disadvantages for shrimp-farming areas in the Mekong Delta. Besides, the Covid-19 pandemic has also affected the export of shrimps, leading to a decline in export turnover.
Many enterprises have made efforts to purchase fruits to help farmers to go through the current difficult period. Many solutions have been put forward by enterprises to improve the situation of spontaneous agricultural product rescue.
Every year, the situation of fruits and agricultural products being jammed at Northern border gates usually happens before lunar New Year. The Ministry of Industry and Trade (MoIT) and the Ministry of Agriculture and Rural Development (MARD) have recently put forward recommendations to prevent that situation from recurring this year.
The Trade Promotion Agency under the Ministry of Industry and Trade on November 13 held several activities for market connection and investment cooperation for more than 450 enterprises from 29 cities and provinces in Vietnam and 23 countries and territories in the world in Ho Chi Minh City.
According to statistics of the Ministry of Industry and Trade, 10-month export turnover was estimated at US$217 billion, an increase of 7.4 percent over the same period last year, of which, industrial manufacturing contributed most to growth with $182.9 billion.