Page 7 - Export Turnover News Today

After durian - the eleventh fruit of Vietnam - was licensed for official import by China, MARD and MOIT have encouraged official export channels to avoid putting exporters at risk.

Vietnamese businesses have been enjoying breakthrough growth thanks to exportation through e-commerce exports.

In the short term, the recent devaluation of the euro will affect a number of exporters to EU markets with contracts paid in the currency, according to Tran Thanh Hai, deputy director of the Import-Export Department.

Vietnam’s total export turnover to Japan reached 11.38 billion USD in the first six months of 2022, up nearly 13% over the same period last year, according to the General Department of Customs.

Although textile export was riding high in the first half of the year with a growth of 23 per cent, insiders are pessimistic that the rest of 2022 will match up.

The Mekong Delta province of Tien Giang pocketed 2.03 billion USD from exports in the first six months of this year, up 18.5% year-on-year and equal to 60.2% of the yearly plan.

Vietnam enjoyed a trade surplus of US$710 million in the first half of the year, according to the report on the country’s socio-economic situation released on June 29 by the General Statistics Office (GSO).

Export prices have been escalating in all markets and hitting new records in the US. Vietnam’s catfish export turnover is expected to reach $2.6 billion this year, the highest in history.

The export turnover of southern Dong Nai province hit 13.3 billion USD during the first six months of this year, surging 13 percent over the same period last year, according to the provincial Department of Industry and Trade.

The total import and export value of agro-forestry-aquatic products in the first five months of 2022 has been estimated at 41.3 billion USD, up 8.6 percent year-on-year, according to the Ministry of Agriculture and Rural Development (MARD).