Agricultural exports to EU increase

Agricultural exports to EU increase

According to the Ministry of Agriculture and Rural Development (MARD), after implementing the EU-Vietnam Free Trade Agreement for two months, the export of agricultural products to the EU has seen positive changes with the total agricultural export value from August 1 to the end of September estimated at US$711 million. 
Manufacturing products for domestic consumption and export at Agimexpharm. (Photo: SGGP)

Export markets expected to boom

Up to 45.6 percent out of 6,500 enterprises participated in a survey said that the trend of production and business in the fourth quarter would be better. The export market will see booming purchasing power, which has been held back for a long time.
Production at a company in Ho Chi Minh City. (Photo: SGGP)

Vietnam’s economy – bright spot amid Covid-19 pandemic

Despite the disruption of supply chains, Vietnam's gross domestic product (GDP) still rose by 3.68 percent in the first quarter. In the second quarter, the economy nosedived with the growth rate merely at 0.39 percent. In the third quarter, GDP growth recovered to 2.62 percent, sending the three-quarter growth rate to 2.12 percent.
Mr. Nguyen Thanh Phong, Chairman of the Ho Chi Minh City People's Committee, exchanges with domestic enterprises about the capability of supplying supporting industry products for FDI enterprises. (Photo: SGGP)

Foreign direct investment capital into Vietnam increases thanks to FTAs

Generally, in the first nine months of this year, the total foreign investment capital into Vietnam reached US$21.2 billion. Of which, there were 1,947 newly-licensed projects. Many economic experts affirmed that the free trade agreements (FTAs) that Vietnam has already signed and will sign this year are accelerating the flow of foreign investment to Vietnam.
Pig farming recovers quickly. (Photo: SGGP)

Pork supply sufficient for demand at year’s end

Despite being affected by the Covid-19 pandemic, according to calculations, the export turnover of agriculture, forestry, and fisheries sector of Vietnam will reach the previously-set target of US$40 billion this year, heard at the regular press conference of the Ministry of Agriculture and Rural Development (MARD) on October 6 in Hanoi.
The first batch of fragrant rice in An Giang Province is ready for export to the EU. (Photo: SGGP)

First batch of fragrant rice in An Giang Province to be exported to EU

The Ministry of Agriculture and Rural Development (MARD) on September 22 coordinated with the People's Committee of An Giang Province to hold the announcement ceremony of the export of the first batch of fragrant rice to Europe under the EU-Vietnam Free Trade Agreement (EVFTA) with the participation of leaders of the MARD, other relevant ministries, and the representatives of the European Union in Vietnam.
Rice harvesting in the Mekong Delta. (Photo: SGGP)

Ministry urges enterprises to complete procedures to export fragrant rice to EU

The EU has raised the quota of rice imports from Vietnam from 50,000 tons to 80,000 tons per year. Of which, the additional 30,000 tons of rice is fragrant rice from the Mekong Delta, which will receive a tariff wild card, and according to the schedule, its import tariff will be at zero percent within the next 3-5 years.
Garment production for export at Nha Be Garment Corporation. (Photo: SGGP)

Several optimistic signs support Vietnam’s stock market

Although the Covid-19 pandemic still negatively affected Vietnam’s stock market, as well as many countries around the world, Vietnam's stock market is recovering with good liquidity, showing that many positive factors have appeared.