Vietnam’s aquatic export forecast to top 8.5 bln USD in 2018

Nguyen Huu Dung, Deputy Chairman of the Vietnam Association of Seafood Exporters and Producers (VASEP), has based the forecast on an increase in demands of seafood products in foreign markets and recovery of domestic raw materials supply of shrimp, tra fish and tuna since mid-May.The US remains the largest importer of Vietnamese aquatic products, buying products worth over 470 million USD in the first five months, up 5.5 percent from the same period last year.Remarkable rises in exports to China and Thailand in the period were recorded, with 40.6 percent and 22.7 percent, respectively, over the same period last year.In…... [read more]

Exports of agro – forestry and aquatic products in the first tenmonths of this year earned the country 20.8 billion USD, up 34.5 percentover the same period of last year. According to theMinistry of Agriculture and Rural Development, Vietnam exported 6.5million tonnes of rice worth 3.3 billion USD in the 10-month period, up11.6 percent in volume and 20.3 percent in value. Indonesia continuesto be the biggest importer of Vietnam ’s rice, with a 3.4-foldincrease in volume and a 2.8-fold increase in value year-on-year. Rubber was one of the best performers, earning 2.6 billion USD, surpassing the total figure of last…... [read more]

According to the VietnamAssociation of Seafood Exporters and Producers (VASEP), in 2011, thecountry’s total seafood output reached 5.2 million tonnes, up 1.4percent over last year. The total aquaculture area increased by 2.5 percent to 1,093 ha. The Ministry of Agriculture and Rural Development has set a target ofearning 6.5 billion USD from aquatic product exports in 2012, up 5percent from this year./.... [read more]

The agriculture-forestry-aquatic exports in May was estimated at US$2.37 billion, bringing the total export turnover over the past five months of the year to US$11.4 billion, a year-on-year down of 7.3 percent.According to the statistics of the Ministry of Agriculture and Rural Development, Vietnam earned US$5.62 billion, US$2.41 billion and US$2.69 billion from exporting agricultural, aquatic and forestry products, down 7.4 percent, down 17 percent and up 7 percent, respectively. Two key agricultural products of rice and coffee experienced sharp decreases of 14.6 percent and 38 percent, respectively. The nation’s agriculture-forestry-aquaculture import value over the past five months saw an increase of 8.1…... [read more]

In September, export turnover was estimated at more than1.15 billion USD, according to data from the provincial StatisticsDepartment.Dong Nai’s export is forecast to continue on itsupward trend since a number of businesses received orders until the endof 2015’s first quarter already.At the end of this year’s thirdquarter, the province enjoyed a trade surplus of around 300 million USDwith increases in the export of industrial products, such as footwear,textile and garments, wood products, vehicles and spare parts.LeVan Danh, Director of the provincial Department of Industry and Trade,attributed this to the increased demand from the US, the European Unionand Eastern Europe, the…... [read more]

Just last month, the total production of oil equivalent reached 2.11million tonnes, equal to 101 percent of the month's target. Further, total oil and gas production reached 21.91 million tonnes ofoil equivalent (TOE), up 2.3 percent from last year and accounting for87 percent of the year's target. The groupcontributed 145.8 trillion VND (6.94 billion USD) to the State budgetduring this period, posting a 1.4 percent year-on-year increase andmeeting 98 percent of the year's goal. Of note,PetroVietnam has brought six oil fields into operation in theJanuary-October period, including Hai Su Trang, Hai Su Den, WhiteRabbit, West Desaru - Malaysia Block PM…... [read more]

The figure has brought the total exportvalue during the first ten months of 2014 up to 25.39 billion USD, whichrepresents an increase of 11.2 percent compared to the same period lastyear.In the ten-month period, agriculture reported a year onyear growth of 11.5 percent in export value, reaching 12.25 billionUSD; while fishery exports increased by 19.9 percent to 6.48 billionUSD, followed by the forestry sector with 5.24 billion USD, up by 12.9percent.In October, several products recorded an increase inexport, including coffee, cashew nuts, pepper, seafood, timber andwooden products, and rice, which had actually experienced a slump sincethe beginning of the year.…... [read more]

This is the fourth successive year the export valueof such product passed 1 billion USD, according to the PhilippineCoconut Authority (PCA) Administrator Euclides Forbes. The 2010, 2011 and 2012 figures were 1.63 billion USD, 1.5 billion USD and 1.53 billion USD, respectively. The country shipped nearly 1.62 million tonnes of coconut and itsproducts in the first three quarters of this year, up 47 percentyear-on-year. Forbes said this year’s target of planting 17.5 million coconut seedlings throughout the country is 98 percent completed.-VNA... [read more]

Illustrative image (Source: VNA) Hanoi (VNA) – The total agro-forestry-fishery export turnover in the first five months of this year is estimated to reach 12.18 billion USD, a year-on-year increase of 4.9 percent, according to the Ministry of Agriculture and Rural Development.In the reviewed period, rice export is calculated to hit over one billion USD with 2.35 million tonnes, up 1.2 percent in value but down 2.1 percent in volume compared with the same period in 2015.       ... [read more]

Of the figure, over 1 billion USD was generated in November alone, a rise of 1.2 percent from the preceding month. Key foreign-currency earners include garments, computers, coffee,rubber and cashew nuts, which have all reached the US, Japanese, Chineseand European markets. The provincial Department of Industryand Trade, however, admitted that local exporters face a lot ofchallenges this year like volatility in overseas markets and fiercecompetition, especially for farm producers who have seen export valuesfall. In November, concerned local agencies met with someexporters to make it easier for them to access loans, declare tax andcustoms and apply for energy-efficiency labels. On…... [read more]