After years of disruption due to COVID-19, conflicts, and inflation, global markets are stabilising, allowing Việt Nam''s fishery exports to regain momentum.
After reaching more than US$40 billion in the first eight months of the year, the export of agricultural, forestry and fishery products is expected to hit $54 billion this year. Deputy Minister of Agriculture and Rural Development Phùng Đức Tiến...
Việt Nam shipped an estimated US$24.14 billion worth of agro-forestry-fishery products overseas during January-May, up 21 per cent against the same time last year, according to the Ministry of Agriculture and Rural Development (MARD).
China was the largest consumer of Việt Nam''s ago-forestry-fishery products, accounting for 23 per cent of the total or marking a yearly rise of 106 per cent.
Deputy Minister of Agriculture and Rural Development Tran Thanh Nam said China''s dismantling of its COVID-19 lockdowns had given a big push to bilateral trade, with Vietnamese exports to China in February rising by 33 per cent month-on-month.
The agriculture sector in 2022 posted a new record in the agro-forestry-fishery export value, hitting more than US$53.2 billion, a year-on-year increase of 9.3 per cent, according to the Ministry of Agriculture and Rural Development (MARD).
The 11-month export rose 11.8 per cent year-on-year to US$49.04 billion while imports increased 7 per cent to some $41.22 billion, resulting in a surplus of $7.82 billion, up 48 per cent year-on-year, MARD said.
Viet Nam''s exports of agricultural, forestry and fisheries products increased sharply in the first half of 2022, but the sector continued to face many challenges that need to be resolved.
WIth positive performance in H1, the ministry expects the country''s agro-forestry-fishery exports to reach $55 billion by the year-end, $5 billion higher than the Government target.
Despite a negative impact caused by the COVID-19 pandemic, Viet Nam’s exports have scored a spetacular success this year with 11-month export revenues reaching approximately US$300.
There is one month to go before year-end but agro-forestry-fishery exports have almost hit annual target for 2021 with nearly US$43.5 billion, an all-time high that far exceeds the number in 2020.
Viet Nam’s fishery exports are on the way to fulfil the target of US$8.5 billion in value in 2021, after hitting more than $4 billion in the first half of this year, on the recovery of consumption demand in major markets such as...
Exports by HCM City companies in the first eight months of the year topped US$28.4 billion, a 4 per cent increase year-on-year, according to the local Department of Industry and Trade.
Viet Nam exported agro-forestry-fishery products worth a total of US$5.3 billion in the first two months of this year, representing a slight of 2.8 per cent against the same period in 2019.