NDO/VNA – Vietnam shipped abroad an estimated 193,000 tonnes of rubber for US$392 million in the first two months of this year, up 25.4% in volume and 2.4 times in value against the same period last year.
NDO—Deputy Prime Minister Vuong Dinh Hue has urged for further strengthening research, forecasts and policy proposals for the nation’s international economic integration in general and FTAs in particular.
NDO/VNA—Import-export turnover through Mong Cai, which is a border economic zone in the northern coastal province of Quang Ninh, hit more than US$1.8 billion in the first month of 2016, representing a year-on-year increase of 169.7%.
NDO - Logistics is considered as one of the arteries of an economy and the bridge for trade between domestic and global markets, but in Vietnam the sector’s growth is still not on par with its significant role.
NDO—Vietnam has striven to increase by 25%-30% of the rate of its soluble, roasted and processed coffee exports earning a total turnover of from US$3.8 billion to US$4.2 billion by 2020. In order to achieve this target, it is necessary to set out market strategies on the principle of producing things the market needs and giving priority to shifting high added value product structures.
NDO—The consumer price index (CPI) in January increased 0.46% over the previous month and 5.22% over the same period last year, placing more pressure on management agencies to restrain inflation this year.
NDO/VNA—The Brazilian Ministry of Agriculture’s manager in charge of coffee, Silvio Farnesi, has said that the government has approved the importation of robusta coffees for the first time in history, including those from Vietnam, in order to meet domestic demand for instant coffee production.
NDO/VNA—The PetroVietnam Gas Corporation (PV Gas) and the PetroVietnam Exploration Production Corporation (PVEP) inked on February 17 an agreement in principle on cooperation in developing Phase II of the Su Tu Trang (White Lion) gas field.
NDO/VNA – Vietnamese tuna exporters have struggled to compete with Thai and Philippine firms in the Japanese market due to high taxes, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
NDO - Vietnam continued to enjoy a trade surplus with Canada in 2016 and ranked 5th among Asian countries in terms of export revenue with Canada after China, Japan, the Republic of Korea and Taiwan (China).