Major agricultural exports drop off during first quarter
Tuesday, March 31,2020AsemconnectVietnam - A range of major agricultural products, aside from rice and cashew nuts, experienced a year-on-year drop in export value during the first quarter of 2020, according to the Ministry of Industry and Trade (MoIT).
MoIT statistics show that vegetable and fruit exports made US$831 million, a fall of 11.5%, while the export of coffee, rubber, and peppers fell by 6.4%, 26.1%, and 17% to US$794 million, US$331 million, and US$156 million, respectively.
By contrast, the export of both rice and cashew nuts enjoyed an increase in terms of both quantity and value, grossing US$653 million and US$644 million, respectively.
This comes after the Ministry of Industry and Trade and the Ministry of Agriculture and Rural Development predicted that agricultural exports to China would recover by the end of March.
Indeed, early April is expected to see demand grow for the export of agricultural products, especially food, to China. The northern neighbour decided to reduce tariffs on 80 items out of a total of over 800 with the aim of promoting imports to meet domestic demand in the post-COVID-19 period.
The Ministry of Agriculture and Rural Development stated that China will prove to be a decisive market for the country’s agricultural products this year, noting that all resources should be mobilised in an attempt to fully tap into the advantages of this market.
Source: VOV.VN
Vietnam's coffee exports slow in Q1 as domestic prices rise
Vietnamese businesses updated on India’s new foreign trade policy
Reference exchange rate up 2 VND on April 7
Bac Giang hastens public investment projects, industrial parks
Bac Giang province boosts farm produce sales
Resolution on oil, gas sector to fuel Ba Ria - Vung Tau’s growth
Vietnam eyes 30 billion USD in food, food stuff exports annually
Vietnam exports 1.7 million tonnes of rice in Q1
DAILY: Vietnamese pepper prices remained unchanged on April 7
DAILY: Vietnamese coffee prices decreased by 300 VND on April 7
Industrial production index fell in Q1
Labour market continues recovering in Q1
Rice market update: Vietnam's ST25 rice exported to the Republic of Vanuatu
DAILY: Vietnamese pepper prices remained unchanged on April 6
Plan on implementing Decision No. 327/QD-TTG dated March ...
Concretize viewpoints, objectives, tasks and solutions of the plan in accordance with practical conditions of the locality, associating ...Plan on implementing national environmental protection ...
Implementation plan of marine aquaculture development ...
Program on conservation and development of Vietnamese ...
Plan on improving quality of human resources to 2025 and ...
Efforts taken to turn culinary culture into national ...
The Vietnam Cuisine Culture Association (VCCA) is taking steps to implement a project to build and develop Vietnamese culinary culture ...Vietnamese cuisine making a name for itself with ...
Vietnam advance to next round of AFC U20 Women’s Asian Cup
Cultural tourism and traditional values promoted through ...