80% have not built a brand yet

Exports of fruits and vegetables to the ASEAN market remain modest.

ASEAN is Vietnam's second-largest market for fruits and vegetables, after China. However, export turnover to this market bloc remains relatively modest.

Arabica coffee prices weakened under pressure from Brazil's new crop.

Increasing selling pressure as Brazil prepares for its new harvest season is weighing on coffee prices. Arabica prices weakened while Robusta prices edged up slightly.

Tea exports for the week of March 11-17: Tea ranks among the top 5 in the world , generating nearly $30 million in revenue over two months.

Cassava exports brought in $300 million; tea ranks among the top 5 in the world, earning nearly $30 million in two months... these are some of the highlights in the export news bulletin for the week of March 11-17.

Export coffee prices have risen impressively, reaching over $3,000 per ton.

In the first two months of 2024, the average export price of Vietnamese coffee reached US$3,153 per ton, an increase of 44.7% compared to the same period last year.

In February 2024, Vietnam spent nearly $144 million importing liquefied natural gas.

In February 2024, Vietnam imported 214,064 tons of liquefied natural gas, equivalent to over $143.9 million, a decrease of 25.9% in volume and 28.1% in value compared to the same period last year.

Strengthening quality standards opens up export opportunities for industrial products.

Continuing to strengthen the 'quality' aspect will be a crucial solution for businesses to integrate into the ASEAN and global supporting industrial production chains sooner.

China leads in the number of new investment projects in the timber industry in 2023.

With 28 projects and an investment capital of $106.63 million, China accounted for 49.1% of the projects and 35.5% of the total foreign investment in the wood industry in 2023.

Coffee prices are recovering across the board, and Robusta supply will tighten.

At the close of trading on March 14th, prices of both coffee commodities improved, with Arabica recovering by 0.66% and Robusta increasing by 0.52%.

Exporting rice to the Chinese market and important considerations for Vietnamese businesses.

Currently, Vietnamese rice accounts for 36-37% of China's total imports. This is a relatively high figure compared to other countries exporting to this market.

In the first two months of the year, textile fiber exports earned over $666 million.

In the first two months of the year, Vietnam exported 282,059 tons of various types of textile fibers, worth over $666.75 million, an increase of 26.7% in volume and 18.1% in value compared to the same period last year.

Finding ways to open up the Halal market for Vietnamese poultry products.

With over 2 billion Muslims worldwide, this presents an opportunity for Vietnamese poultry products to expand their export markets.

Increased coffee inventories on the exchange helped export coffee prices reverse their downward trend.

Export coffee prices reversed course and fell amid rising coffee inventories at exchanges. The market reacted to the prospect of supply putting downward pressure on prices.

China is Vietnam's largest export market for wood chips.

In 2023, Vietnam's wood chip exports reached US$2.2 billion, with China being Vietnam's largest wood chip export market.

Import and export businesses enjoy super deals with combo packages from MB.

To support import and export businesses in seizing positive business opportunities and increasing competitiveness, MB has just launched a new combo package with super deals.

2023: Wood pellet exports generated nearly $680 million.

In 2023, wood pellet exports generated nearly $680 million. The Japanese market is expected to continue playing a crucial role in Vietnam's wood pellet industry.

Expanding markets, fruit and vegetable exports continue their upward trend.

In the first two months of 2024, fruit and vegetable exports continued to maintain impressive growth momentum. Many new markets are being expanded and developed strongly by the fruit and vegetable industry.

Which product category saw the strongest growth in February, generating over $200 million in export revenue?

Vietnam is a leading exporter of crude oil in Southeast Asia. It is the fastest-growing commodity among all exports.

Proposal to impose VAT on exported services: It should be encouraged, not "restricted".

The proposal to impose a 10% VAT on exported services is considered discouraging for service exports and would lead to double taxation.

China is Vietnam's third largest rice import partner.

In 2023, China was Vietnam's third largest rice importer, accounting for approximately 11% of the country's total rice export volume and value.

Export coffee prices recover despite improved supply.

Positive signals regarding supply prospects are not strong enough to sustain downward pressure on coffee prices. Export conditions in Brazil are also contributing to strengthening supply.

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