Vietnam’s tuna exports to EU see strong surge thanks to EVFTA Vietnam exported 15,870 tonnes of tuna worth 73.33 million USD to the European Union in the first half of 2021, up 39.3 percent and 31.6 percent, respectively, against the same period last year, according to a journal published by the Ministry of Industry and Trade (MoIT). The tuna shipments accounted for about 15.1 percent of Vietnam’s total seafood export value to the EU. In the second quarter of 2021, the country shipped 9,360 tonnes of tuna to this market, raking in 45.05 million USD, up 43.9 percent in volume and 59.3 percent in value from the previous quarter. The surges were attributed to tariff reductions granted to Vietnam’s tuna products under the EU-Vietnam Free Trade Agreement (EVFTA), which took effect on August 1, 2020. According to the MoIT, Vietnamese tuna was sold at 4.62 USD per kg on average to the EU in the first six months of the year, down 0.27 percent year on year. The global tuna prices …
Vietnamese cashew nuts to be introduced in Australia
Processing cashew nuts for export (Photo: VNA) Hanoi (VNA) – Australia n people will have a chance to taste Vietnamese cashew nuts in a programme which will be held by the Vietnam Trade Office in Australia from September 25 – October 2. Vietnam ese exporters of cashew nuts will be also introduced at the event. According to statistics from the General Department of Vietnam Customs, the country earned 1.65 billion USD from shipping over 273,000 tonnes of cashew nuts abroad in the first six months of 2021, up 10.8 percent in value and 21.8 percent in volume year-on-year. The country remains the world’s leading cashew export er, but falling export prices are likely to lower profit margins./. VNA …
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Raw cashew nut imports rocket in first four months
Workers process cashew for export (Photo: VNA) HCM City (VNA) - Vietnam imported nearly 1.2 million tonnes of raw cashew nuts worth 1.9 billion USD in the first four months of this year, increases of 300 percent and 323.5 percent year-on-year, according to the General Statistics Office. The volume neared the total posted in 2020, of 1.45 million tonnes, and at the current rate this year’s imports could exceed the 1.8 million tonnes planned by the Vietnam Cashew Association (VINACAS). VINACAS attributed the surge in raw cashew imports over recent months to the fact that exports have maintained stable growth while domestic supply has been lacking. Abnormal weather conditions also resulted in the harvest being one month later than usual. Heavy rains during the harvest season in cashew farming centres like the southern provinces of Binh Phuoc and Dong Nai also hampered the drying process, thus affecting quality, the association added. Businesses said they have faced a …
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Netherlands – Gateway for Vietnamese goods to enter EU
Illustrative image (Photo: congthuong.vn) Hanoi (VNA) – The Netherlands, one of the leading partners of Vietnam in the EU, is a gateway for Vietnamese goods to enter the EU market , experts have said. According to the Vietnamese Office for Trade Affairs in the EU, a large volume of Vietnamese goods exported to the Netherlands are re-exported to other European countries. Therefore, Vietnam is also considered the leading trade partner of the Netherlands in Asia. The Vietnam-EU Free Trade Agreement (EVFTA) is expected to open up greater for businesses from both countries to foster their partnership. According to the Ministry of Industry and Trade (MoIT), Vietnam and the Netherlands have shared close ties in various fields, especially industry, green and renewable energy, circular economy and emission reduction towards sustainable development. Meanwhile, the Dutch Government and investors have shown interest in partnering with Vietnam in trade, industry and energy. …
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