Vietnam spent over US$ 1billion importing milk and dairy products in 2020. Most of the imported milk and dairy products to the country last year were from New Zealand.
Despite negative impacts of Covid-19 on global trade, Vietnam’s exports of wooden frame chairs in 2020 achieved a very high growth rate.
A large number of sturgeon with unclear origin are on sale in local markets, posing challenges for fish farmers in Vietnam.
Vinamilk has exported 10 containers of seed milk to China early this year and is expected to ship five more containers of sweetened condensed milk products to China in the near future.
With 2.2 billion people from 15 countries, RCEP is now the world’s largest FTA. What are the opportunities for Vietnamese agricultural products in this market?
There has been no punitive tariff on Vietnamese wood product export to the US after the US Trade Representative (USTR) has issued the report on the probes of 'Vietnam’s currency and timber practices'.
Vietnam exported a record volume of rice to Phillippines last year, earning over US$1 billion for the first time, according to the General Department of Vietnam Customs.
Vietnam’s shrimp export continues to have sound performance as the world demand still increases while many shrimp exporters are facing difficulties due to Covid-19.
Director of the Department of Crop Production Nguyen Nhu Cuong said that in 2020-2021, the planting plan in both the South and the North will not change compared to previous years.
A 25% US tariff on Vietnamese wood products would ‘devastate’ the sector and its 10,000 workers, said Do Xuan Lap, chairman of the Vietnam Timber and Forest Product Association.
Rice export in 2020 was estimated to reach US$3.07 billion, returning to the record of US$3 billion after just one year.