Vietnamese cashew exporters fall victims to international scammers
Vietnamese cashew nut gains popularity in Italy thanks to quality.
Vietnamese cashew nut gains popularity in Italy thanks to quality.
Vietnam would be the third-largest rice exporter in 2022, behind India and Thailand, with shipments of around 6.4 million tons.
The four markets receiving the largest number of Vietnamese workers included South Korea, Japan, Germany and Taiwan (China).
The capital will continue to focus on realizing the dual goal of fighting the Covid-19 pandemic and boosting socio-economic development.
2022 would remain to be a favorable year for trade, especially as enterprises have improved their resilience and several economic sectors continue to benefit from CPTPP, EVFTA, and RCEP.
This year, Vietnam’s garment exports are estimated at US$39 billion, representing an increase of 11.2% year-on-year and 0.3% higher than the figure in 2019.
Trade turnover this year could be well over US$667 billion, representing an increase of 22.4% year-on-year, which resulted in a surplus of $3 billion.
There has been a significant shift in the country’s approach to trade promotion, including the adoption of IT and digitalization in trading activities.
Such positive results come from the sector’s restructuring process that aims to meet the demands from export markets.
The export figure may rise up to US$43.5 billion in 2022.
The frequency of identity and physical checks would go up by 50% for coriander leaves, basil, mint, parsley, okra, peppers, and 10% for dragon fruits.
Vietnam currently makes up 1% of total EU imports of vegetables and fruits.
Hanoi is scheduled to announce an economic recovery plan in line with Covid-19 control and prevention.
The agricultural sector aims for an export turnover of US$45 billion next year.
As of July 2021, Vietnam’s export items have been subject to 207 trade probes from abroad, 77% of which, or 160, were conducted since 2011.
Domestic enterprises have the opportunity to bring handicraft products to the global market via the US e-commerce giant.
Tightening imports of goods that Vietnam has abundant supplies is the right move, especially when the pandemic is wreaking havoc on the economy.