Fruit and vegetable exports to ASEAN markets remain modest
ASEAN is Vietnam’s second largest fruit and vegetable market, after China. However, export turnover to this market is still quite modest.
Arabica coffee prices weaken under pressure from Brazil's new crop
Growing selling pressure as Brazil enters its new crop year weighs on coffee prices. Arabica prices weaken while Robusta prices edge up.
Export week from March 11-17: Tea ranked top 5 in the world, 2 months earned nearly 30 million USD
Cassava exports earned 300 million USD; tea ranked in the world's top 5, earning nearly 30 million USD in 2 months... are the highlights in the export news from March 11-17.
Coffee export price increased impressively, reaching more than 3,000 USD/ton
In the first two months of 2024, the average export price of Vietnamese coffee reached 3,153 USD/ton, up 44.7% over the same period last year.
In February 2024, Vietnam spent nearly 144 million USD to import liquefied gas.
In February 2024, Vietnam imported 214,064 tons of liquefied gas, equivalent to more than 143.9 million USD, down 25.9% in volume and 28.1% in value over the same period.
Strengthening the quality, opening up export opportunities for industrial products
Continuing to strengthen the 'quality' will be an important solution for businesses to soon integrate into the ASEAN and global supporting industry production chain.
China leads in number of new investment projects in wood industry in 2023
28 projects with investment capital of 106.63 million USD, China accounts for 49.1% of the number of projects and up to 35.5% of total foreign investment capital in the wood industry in 2023.
Coffee prices all recovered, Robusta supply will tighten
Closing the trading session on March 14, the prices of two coffee products simultaneously improved, in which the price of Arabica recovered 0.66% and Robusta increased by 0.52%.
Rice export to Chinese market and notes for Vietnamese enterprises
Currently, the proportion of Vietnamese rice in China's total imports is 36 - 37%. This is a fairly high figure compared to other countries exporting to this market.
In the first two months of the year, textile fiber exports earned more than 666 million USD.
In the first two months of the year, Vietnam exported 282,059 tons of various textile fibers, worth more than 666.75 million USD, up 26.7% in volume and 18.1% in value over the same period.
Finding ways to open up the Halal market for Vietnamese poultry products
There are currently more than 2 billion Muslims in the world, this is an opportunity for Vietnamese poultry products to expand the export market.
Coffee inventories on the floor increased, helping export coffee prices reverse and decrease.
Coffee export prices have turned down amid high coffee inventories on exchanges. The market has responded to the prospect of supply putting pressure on prices.
China is Vietnam's largest wood chip export market.
In 2023, Vietnam's wood chip export turnover will reach 2.2 billion USD, of which China is Vietnam's largest wood chip export market.
Import-export businesses enjoy super incentives with combos from MB
Accompanying import-export businesses to take advantage of positive business opportunities and increase competitiveness, MB has just launched a new combo package with super incentives.
2023: Wood pellet exports earn nearly 680 million USD
In 2023, wood pellet exports will earn nearly 680 million USD. The Japanese market is expected to continue to play an important role in the Vietnamese wood pellet industry.
Expanding market, fruit and vegetable export continues to increase
In the first two months of 2024, fruit and vegetable exports continued to maintain impressive growth momentum. Many new markets are being expanded and developed strongly by the fruit and vegetable industry.
Which item grew the most in February, with exports earning more than 200 million USD?
Vietnam is the leading country in the Southeast Asian market in terms of crude oil exports. This is the fastest growing commodity among all commodities.
Proposal to impose VAT on export services: Should be encouraged, not "forced"
The proposal to impose a 10% VAT on exported services is considered to discourage the export of services and will lead to double taxation.
China is Vietnam's third largest rice importer.
In 2023, China is Vietnam's third largest rice importer, accounting for about 11% of the country's total rice export volume and turnover.
Coffee export prices recover despite improved supply
Positive signs on the supply outlook are not yet strong enough to maintain pressure on coffee prices. Exports from Brazil are also helping to strengthen supplies.
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