Page 2 - Export Turnover News Today

Attracting businesses and investors to pour capital into sustainable agricultural value chains is seen as a key solution to pave the way for, and create breakthroughs in the sector’s development amid intensive integration and the volatile global economy, according to insiders.

The State budget's revenues from export-import activities hit over 152.94 trillion VND (6.5 billion USD) in the first five months of this year, making up 36% of the estimate, down 18% year on year, the General Department of Vietnam Customs (GDVC) reported on June 7.

The profits of listed companies are expected to recover in the second half of the year after performing poorly in the first quarter, buoyed by the recent supportive policies from the Government, said analysts at securities firms.

A workshop to promote cooperation in trade and information technology (IT) between Vietnam and Poland was held on June 7 in Ho Chi Minh City by the Investment & Trade Promotion Centre of HCM City (ITPC) and the Polish Investment and Trade Agency (PAIH) in the locality.

Ben Tre province aims to become the Mekong Delta’s top three in terms of export turnover by 2030.

With the ongoing recovery momentum of agro-forestry-aquatic product exports in recent months, the export turnover of the sector is expected to enjoy a rebound and achieve growth again from the fourth quarter, said Deputy Minister of Agriculture and Rural Development Phung Duc Tien.

Vietnam’s garment-textile sector strives to achieve a total export value of 68-70 billion USD, according to the development strategy for the apparel and footwear industry to 2030, with a vision to 2035.

As one of the few sectors reporting export turnover increase in the first quarter of 2023, Vietnam's vegetable and fruit sector has a bright outlook to earn US$4 billion in export revenue this year.

As one of the few sectors reporting export turnover increase in the first quarter of 2023, Vietnam's vegetable and fruit sector has a bright outlook to earn 4 billion USD in export revenue this year.

Vietnams exports are down almost 12 per cent in the first four months of the year, with some sectors reporting declines of between 6 and 19 per cent.