Agro-fishery-forestry export surges in first 8 months
Agro, fishery and forestry export turnover in the first eight months of this year rose 13.5 percent from the same period last year to 23.66 billion USD, the MARD reported.
Hanoi (VNA) - Agro, fishery and forestryexport turnover in the first eight months of this year rose 13.5 percent fromthe same period last year to 23.66 billion USD, reported the Ministry ofAgriculture and Rural Development.
Turnover was estimated at 3.1 billion USD inAugust alone.
In the first eight months, agricultural exportvalue was estimated at 12.6 billion USD, up 17.2 percent from the same periodlast year, while seafood exports fetched 5.13 billion USD, up 18.1 percent andforestry products saw an increase of 9.6 percent to 5.07 billion USD.
Rice exports garnered 220 million USD with 504,000 tonnes inAugust, raising the total rice export value to 1.75 billion USD with 3.96million tonnes, up 17.5 percent in value and 19.8 percent in volume year onyear.
China remained the largest market for Vietnamese rice,accounting for 41 percent of total export volume, followed by Malaysia with 7.3percent.
Coffee shipments reached 1.02 million tonnes forexport value of 2.33 billion USD, down 19.9 percent in volume but up 3 percentin value.
Rubber exports stood at 795,000 tonnes fornearly 1.36 billion USD, marking an 11.2 percent growth in volume and a 52percent increase in value over the same period last year.
Pepper exports were estimated at 165,000 tonnes,worth 889 million USD, up 21.6 percent in volume but down 19.5 percent invalue.
Cashew nut exports fell by 1.1 percent in volume whilesurging by nearly 25 percent in value thanks to a 27 percent increase inprices. The sector shipped 223,000 tonnes abroad, worth 2.2 billion USD.
In the reviewed period, exports of fruit and vegetables earned2.32 billion USD, up 46.5 percent year on year. China, Japan, the US and theRepublic of Korea are among the top importers of Vietnamese fruit andvegetables.
Meanwhile, agro, fishery and forestry imports in the first eightmonths of this year amounted to 19.17 billion USD, including 2.69 billion USDin August.-VNA
The export value of agricultural, forestry and aquatic products reached 7.6 billion USD in the first three months of 2017, a year-on-year increase of 7.6 percent.
Export turnover of agro-forestry-aquatic products hit 2.97 billion USD in June, bringing the six-month figure to 17.1 billion USD, up 13.1 percent year-on-year.
The agricultural sector will aim for a GDP growth rate of between 3 – 3.1 percent and total export value of agro-forestry-fisheries at 34 – 35 billion USD in 2018.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Rice collection in Dong Thap (Source: VNA) 
