The agricultural sector gained a trade surplus of US$1 billion in the first two months of this year despite a year-on-year decrease of 1.6 per cent in export value. According to the Ministry of Agriculture and Rural Development (MARD), the sector earned $5.5 billion from the export of farm produce and forestry and aquatic products. Meanwhile, $4.5 billion worth of agro-forestry-fishery products were imported in the reviewed period, up 3 per cent from the same period last year. In the two months, the reduction in total export revenue was partly due to a fall of 10.1 per cent in export value of farm produce to $2.71 billion while that of animal husbandry hit $77 million, down 7 per cent. Nguyen Trung Kien, head of the Department of Market Research and Commodities under the Institute of Policy and Strategy for Agriculture and Rural Development, said bright spots of the agriculture sector were still seafood and forest products with year-on-year export growth at 4.4 per cent to $1.1 billion … [Read more...] about Agricultural sector posts trade surplus of $1b in two months
Top 10 export products of the philippines
Philippines opens investigation into imported ceramic tiles
Viet Nam News HÀ NÔI — The Philippines Department of Trade and Industry (DTI) has initiated a preliminary investigation on the application of safeguard measures on the import of ceramic floor and wall tiles from various countries, including Việt Nam, according to the Trade Remedies Authority of Việt Nam. The investigation will cover the period from 2013 to 2017. According to the DTI’s notice, the protest alleged that increased imports had contributed to serious damages to the local industry. The petitioner was Mariwasa Siam Ceramics, Inc. (MSC) which accounted for 86 per cent of the Philippines’s total production output subject to the investigation. The DTI’s notice said the volume of imports of ceramic floor and wall tiles increased from 6,000 tonnes in 2013 to more than one million tonnes in 2016. In 2017, imports were 12 per cent lower than in 2016 but still 2,192 per cent higher than in 2014. China, Indonesia and Việt Nam … [Read more...] about Philippines opens investigation into imported ceramic tiles
China’s unbridled export of coal power imperils climate goals
China struggles to curb domestic coal-fired power and the deadly pollution it produces. The world's top carbon emitter is exporting the same troubled technology to Asia, Africa and the Middle East. The carbon dioxide (CO2) emissions from these Chinese-backed plants could cripple global efforts to rein in global warming caused by the burning of fossil fuels -- especially coal, analysts warn. "China is a world leader in terms of embracing the policy and investment needs to progressively decarbonise its economy," said Tim Buckley, director of energy finance studies at the Institute for Energy Economics and Financial Analysis (IEEFA). "But internationally, China continues to invest in a range of coal project in direct contradiction to its domestic energy strategy." Globally, coal use accounts for 40 percent of CO2 emissions, and is on the rise after declining slightly from 2014 to 2016. More than two-fifths of the world's electricity is generated by coal-fired power, nearly double the … [Read more...] about China’s unbridled export of coal power imperils climate goals
Vietnam’s rice exports hit 5.2 million tonnes in ten months
Rice products of the Tan Long company (Photo: VNA) Hanoi (VNA) – Vietnam shipped abroad 264,000 tonnes of rice in October this year for 136 million USD, pushing the total figures so far this year to 5.2 million tonnes worth 2.6 billion USD, up 1.7 and 14.1 percent year-on-year. China remained the leading importer of Vietnamese rice with a growth rate of 24 percent. Strong rises were also seen in many other markets, such as Indonesia, Iraq, the Philippines, and Malaysia. Average rice prices in the first nine months of 2018 reached 503 USD per tonne, up 13.7 percent year-on-year. The highest price was recorded for Jasmine rice with 575 USD per tonne, followed by Japonica with 526 USD per tonne. The export of medium- and high-quality rice increased, while that of low quality types reduced, now accounting for just 2 percent of the total export volume. [Video: Vietnamese rice now top quality on the international market] On October 18 this year, the Philippines closed its bidding … [Read more...] about Vietnam’s rice exports hit 5.2 million tonnes in ten months
Vietnam’s seafood exports to ASEAN expected to reach 1 billion USD soon
Illustrative image (Source: VNA) Hanoi (VNA) – With its continuous growth over the past 10 years, ASEAN has become an important market for Vietnamese seafood, and the prospect of 1 billion USD worth of yearly seafood export revenue is reachable. According to the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietnam’s seafood export turnover to the Association of Southeast Asian Nations (ASEAN) hit 612 million USD in 2017, up from only 66 million USD in 1998. Although the figure remained modest compared with exports to major markets like the US, the EU, Japan and China, ASEAN ranked fifth among the most important markets of Vietnamese seafood. The 10-member group maintained this position in the first six months of this year, with most exports to ASEAN posting positive growth. Of note, ASEAN surpassed the Republic of Korea (RoK) to become Vietnam’s biggest fried fish paste and surimi importer with a value of 43 million USD. Among ASEAN … [Read more...] about Vietnam’s seafood exports to ASEAN expected to reach 1 billion USD soon
Hai Duong exports about 9,500 tons of litchi
The department said they shipped about 9,340 tons of litchi to China, 120 tons to the Republic of Korea, and 40 tons to Australia, the UK and France. Besides, the province sold 18,500 tons of litchi the domestic market, including major cities like Hanoi and Ho Chi Minh City, Hai Phong city, wholesale markets, trade centers and supermarkets. The Northern province of Hai Duong has exported about 9,500 tons of litchi from the beginning of this year’s crop. According the provincial Department of Agriculture and Rural Development, in 2018, Hai Duong has about 10,500 ha of litchi, mostly in Thanh Ha district and Chi Linh town, which are expected to yield about 60,000 tons. Of the total amount, some 1,000 tons is qualified for export to the US, Australia and the EU, he said. Currently, 131.68 hectares of local litchi cultivation are qualified for exports to the US, EU and Australia. The province is also home to 334 hectares of litchi grown in accordance with VietGAP … [Read more...] about Hai Duong exports about 9,500 tons of litchi
Swedish ambassador highly values quality of Thanh Ha litchi
Swedish Ambassador to Vietnam Pereric Hogberg and his wife visited Thanh Ha district, the northern province of Hai Duong on June 9 on the occasion of the first-ever Thanh Ha “thieu” litchi festival 2018. Here, the couple had a chance to experience litchi harvesting at a VietGAP garden in Thanh Xa commune and contemplate the ancient litchi tree in Thanh Son commune. At a working session with the local leaders, the ambassador said he pays special attention to the trading of litchi products and wants to bring them to the Swedish market. Secretary of the Party Committee of Thanh Ha district Nguyen Duc Tuan expressed his wish that Ambassador Pereric Hogberg will support the locality in bringing its specialty fruit to Sweden and Europe in general. After visiting the VietGAP litchi orchard and the ancient litchi tree, and enjoying Thanh Ha ‘thieu” litchi, the Swedish diplomat appreciated the quality of the local fruit as well as the VietGAP production process. He … [Read more...] about Swedish ambassador highly values quality of Thanh Ha litchi
Festival promotes consumption of Thanh Ha litchi
The festival is designed to create opportunities for local farmers to connect with supermarkets, and processing and export firms while facilitating the signing of contracts, memorandum of understanding on the consumption of litchi and other agricultural products. Thanh Ha litchi An array of activities will be held during the festival, including tours to the ancient litchi tree in Thuy Lam village, Thanh Son commune, Thanh Ha district; visits to VietGAP litchi gardens; and boat tours to visit litchi orchard along Huong river, among others. Visitors can also try their hand at picking litchi in gardens in Thanh Ha district and Chi Linh town. Hai Duong litchi received the geographical indication from the Ministry of Science and Technology National Office of Intellectual Property in 2007. The local fruit was in Top 10 quality products in 2013 and 2014 and received the Gold Brand prize in 2015. The Vietnam Association of Food Science and Technology granted a “trustful … [Read more...] about Festival promotes consumption of Thanh Ha litchi
Asia’s leading food fair to host largest contingent of global buyers
Participants visit a booth that will be part of the THAIFEX-World of Food Asia 2018 to be held in Bangkok from May 29 to June 2. — VNS Photo Bo Xuan Hiep Asia’s leading food and beverage trade show THAIFEX-World of Food Asia 2018 will return in its 15th edition as the largest satellite show of Anuga, the world’s foremost food and beverage (F&B) exhibition for the Asian market. The trade show, to be held from May 29 to June 2 in Bangkok, will feature an international line-up of exhibitors, including as many as 60 from Viet Nam. The gateway to ASEAN’s F&B industry, the trade show is strategically positioned to penetrate the ASEAN region, which is expected to grow 5.1 per cent this year and is projected to rank as the fourth largest economy by 2050, according to the show’s organisers. Speaking at a press conference held yesterday in Bangkok, Nuntawan Sakuntanaga, permanent secretary of the Thai Ministry of Commerce, said the food industry is one of … [Read more...] about Asia’s leading food fair to host largest contingent of global buyers
To Sell More Rice To The Philippines
To Sell More Rice To The PhilippinesBy Nguyen Dinh BichIn only six weeks at the end of 2009, the Philippines permitted the National Food Authority (NFA) to open four bids for importing nearly 2.2 million tons of rice for 2010 at US$637 per ton (C&F price). However, by this time of 2011, NFA has just completed negotiations for importing 200,000 tons of rice from Vietnam. The permission for private companies to open bids for importing an additional 660,000 tons of rice has just been started. If things are on schedule, these companies will go to different markets in the first two weeks of April to officially negotiate the importation.Whether the Philippines will import 860,000 tons of rice or more this year is a question. There are evidences to say the Philippines through its moves just wants to import more rice at the lowest prices. The FOB price of US$445/ton for the first 200,000 tons of 25% broken rice to be bought from Vietnam is only the first result.According to the U.S. … [Read more...] about To Sell More Rice To The Philippines