The US, China, and the EU remain the three largest markets for Vietnamese cashew, accounting for 26.8 percent, 17.7 percent, and 20.5 percent of the total export value of the cashew industry of Vietnam, respectively. Cashew nut exports to the US market declined by 10.1 percent in volume and 30.5 percent in value over the same period last year. Cashew nut exports to the EU market surged by 14 percent in volume but dropped by 21.2 percent in value. Cashew nut exports to China jumped by 136.4 percent in volume and 140.2 percent in value. Meanwhile, Vietnamese cashew processing enterprises imported 480,000 tons of raw cashew in April, spending up to $772 million, a sharp increase of 375 percent in volume and 470.5 percent in value compared to that in April last year. In the first four months of this year, Vietnam imported a total of 1.19 million tons of raw cashew, with a value of up to $1.88 billion, up 300 percent in volume and 323.5 percent in value over the same period last year. … [Read more...] about Vietnamese cashew industry sees trade deficit for the first time
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Cashew exports down due to rising oil prices, epidemics, Russia Ukraine conflict
At the meeting According to general statistics from the General Department of Vietnam Customs, in the first five months of 2022, approximately 206,110 tons of cashew kernels of all kinds were exported earning over US$1.19 billion in export turnover, down 7.81 percent in volume and 6.81 percent in value. However, the average export price was about $5,792 a ton, up 1.45 percent from the same period last year. Regarding imports in the first five months, enterprises imported about 968,000 tons of raw cashew nuts from abroad with a value of nearly $1.4 billion, down 35.24 percent in volume and down 37.84 percent in value over the same period in 2021. However, prices of imports from Africa increased by 15 percent-20 percent since the beginning of the season. More importantly, importers are tending to be slow to purchase raw materials due to many reasons but the most common is the price difference between imported raw cashew nuts and export kernel prices. The price of raw cashew … [Read more...] about Cashew exports down due to rising oil prices, epidemics, Russia Ukraine conflict
Tran To Nga’s dioxin lawsuit receives encouragement
More than 90 people participating in the meal (Photo: VNA) Paris (VNA) – The committee in support of Tran To Nga who sued US firms for manufacturing the toxic AO defoliant used by US forces during the war in Vietnam on June 24 offered a charitable meal in Paris to raise fund for her lawsuit . The meal, the third of its kind after those in March and May, was participated by more than 90 people, including Vietnamese Ambassador to France Dinh Toan Thang and MP Sandrine Rousseau of the Europe Écologie les Verts (EELV) - Green Party. Nga said she was happy and felt touched when seeing a large number of overseas Vietnamese and French friends attending this event. She stated that this is a great honour and encouragement for her in this arduous and long battle. In 2014, Nga, who used to be a war correspondent in south Vietnam during wartime, sued the multinational companies, including Monsanto - Bayer, that produced or supplied herbicides for the US during the war … [Read more...] about Tran To Nga’s dioxin lawsuit receives encouragement
Van Don – Mong Cai highway: new launch pad for Quang Ninh’s economic growth
Van Don - Mong Cai Highway under construction (Source: baoquangninh.com.vn) Quang Ninh (VNA) – The Van Don - Mong Cai highway, which is scheduled for completion and operation on June 30, aims to create favourable conditions for the northeastern province of Quang Ninh to make breakthrough developments and promote economic links in the region. Nguyen Tien Oanh, Director of the Executive Board of the highway project (the Tien Yen - Mong Cai section), said it has taken time to complete this section – which extends from Bach Dang bridge to the Mong Cai international border gate , because of difficulties caused by the COVID-19 pandemic and other reasons. However, the foundation of the sector has been basically completed and is entering the finishing stages, he said. According to representatives from the Ministry of Transport, the Van Don - Mong Cai highway, which is part of the Hanoi - Quang Ninh highway, plays a strategic role for the socio-economic development of Quang … [Read more...] about Van Don – Mong Cai highway: new launch pad for Quang Ninh’s economic growth
Việt Nam reports 657 new cases of COVID-19 on Saturday
All the new cases were detected locally in Hà Nội (169), Bắc Ninh (53), Phú Thọ (45), Yên Bái (43), Lào Cai (34), HCM City (27), Quảng Ninh (22), Quảng Bình (21), Nghệ An (21), Hải Phòng (18), Vĩnh Phúc (17), Đà Nẵng (15), Hòa Bình (15), Hà Nam (14), Thái Nguyên (13), Ninh Bình (12), Cao Bằng (12), Thái Bình (12), Hưng Yên (11), Thanh Hóa (9), Quảng Trị (9), Tuyên Quang (9), Nam Định (8 ), Hải Dương (7), Lâm Đồng (7), Điện Biên (6), Sơn La (5), Lai Châu (5), Khánh Hòa (5), Tây Ninh (3), Vĩnh Long (3), Bình Định (2), Bà Rịa - Vũng Tàu (2), Bình Phước (1), Lạng Sơn (1), and Đồng Tháp (1). Details will follow shortly. … [Read more...] about Việt Nam reports 657 new cases of COVID-19 on Saturday
657 new COVID-19 infections reported on Saturday
A worker receives a booster shot of a COVID-19 vaccine in HCM City. — VNA/VNS Photo Thanh Vũ HÀ NỘI — Việt Nam registered 657 new cases of COVID-19 on Saturday, with zero deaths recorded. All of the infections were domestic, with a total of 512 new transmissions detected in the community. New cases were detected in Hà Nội (169), Bắc Ninh (53), Phú Thọ (45), Yên Bái (43), Lào Cai (34), HCM City (27), Quảng Ninh (22), Quảng Bình (21), Nghệ An (21), Hải Phòng (18), Vĩnh Phúc (17), Đà Nẵng (15), Hòa Bình (15), Hà Nam (14), Thái Nguyên (13), Ninh Bình (12), Cao Bằng (12), Thái Bình (12), Hưng Yên (11), Thanh Hóa (9), Quảng Trị (9), Tuyên Quang (9), Nam Định (8), Hải Dương (7), Lâm Đồng (7), Điện Biên (6), Sơn La (5), Lai Châu (5), Khánh Hòa (5), Tây Ninh (3), Vĩnh Long (3), Bình Định (2), Bà Rịa - Vũng Tàu (2), Bình Phước (1), Lạng Sơn (1) and Đồng Tháp (1). The latest update brings the national caseload to 10,742,891 to date. The total number of COVID-19 fatalities in … [Read more...] about 657 new COVID-19 infections reported on Saturday