Page 5 - Export Turnover News Today

Ways to expand the export of locally-branded products to markets signed up to the EU – Vietnam Free Trade Agreement (EVFTA) took centre stage at a seminar held by Cong Thuong (Industry and Trade) Magazine on November 25 in Hanoi.

Vietnam’s export turnover to Germany enjoyed a year-on-year surge of 30.5% to 7.6 billion USD in the first 10 months of this year, according to the Ministry of Industry and Trade.

There have been signs since September showing that export growth in many sectors has begun to slow down.

Vietnam’s agricultural export revenue from January to mid-October 2022 was estimated at $55 billion.

The Mekong Delta province of Tien Giang aims to have 3.6 billion USD in export turnover of goods for this year, much more than 2021 and exceeding the plan for 2022 by 7.46%.

Vietnam raked in approximately $77 billion from the export of phones, computers, electronic products, and spare parts during the past eight months.

Many woodwork manufacturers complain that exports have been sliding as people in target markets have been tightening their purse strings.

Export companies have been warned that if they commit trade fraud, farm produce to China will be blocked.

Agro-forestry-fishery export turnover increases over 13% in eight months

A Vietnamese enterprise once had to pay compensation for an entire consignment of products to the Japanese partner after a few hairs were found in some packages of products.