Exporting fruits and vegetables to the Chinese market in 2024: Abundant opportunities.
China was the largest market for Vietnamese fruits and vegetables in 2023. Opportunities are expanding as Vietnam signs additional export protocols to this market.
Dak Lak : First shipment of over 10 tons of macadamia nuts officially exported to the South Korean market.
On January 3rd, Nutri Soil Import-Export Joint Stock Company (Dak Lak) held a ceremony to officially export its first 10 tons of macadamia nuts to the South Korean market.
With coffee prices high, what should businesses do to seize this opportunity?
Exporting businesses need to thoroughly assess and analyze the market; as long as they don't sell off their stock at rock-bottom prices, we don't have to worry about coffee prices falling.
Concerns about supply shortages have led to fluctuations in coffee prices.
Concerns about supply shortages prevented Arabica coffee prices from sustaining their decline, while Robusta prices continued to fall by another 1.3%.
Pepper exports in 2023 only brought in $912 million.
In 2023, Vietnam exported 267,000 tons of pepper, worth $912 million, an increase of 16.6% in volume but a decrease of 6.0% in value compared to 2022.
Listing 6 agricultural, forestry, and aquatic products whose exports surpassed the $3 billion mark in 2023.
Wood and wood products; fruits and vegetables; rice; coffee; cashew nuts; and shrimp are the six agricultural, forestry, and aquatic products whose export turnover exceeded 3 billion USD in 2023.
Lang Son : Increased volume of export cargo vehicles clearing customs.
According to the Dong Dang-Lang Son Border Economic Zone Management Board, from December 29th to the evening of January 1st, 2024, the number of vehicles carrying import and export goods clearing customs through the six border gates increased significantly each day.
Rubber exports in 2023 only brought in $2.89 billion.
In 2023, Vietnam's rubber exports reached $2.89 billion, meaning this sector has dropped out of the group of agricultural, forestry, and fisheries exports exceeding $3 billion.
Vietnam increases exports of certified timber and wood products.
Exports of timber and wood products will face increased pressure as buyers become more interested in certified timber.
Robusta coffee prices edged up slightly by 0.14% compared to the benchmark.
At the end of the final trading week of 2023, Arabica prices fell by 2.33% while Robusta prices edged up slightly by 0.14% compared to the reference price.
Exports of agricultural products are targeted to exceed $26 billion.
The agricultural development strategy aims to achieve export revenue of over $26 billion by 2030.
In 2023, Vietnam spent nearly $5 billion importing animal feed and raw materials.
The total value of imported animal feed and raw materials in 2023 was $4.99 billion, a decrease of 10.8% compared to 2022.
Exporting to Europe and America: Making good use of new and niche markets.
In Europe and America, while traditional markets are facing difficulties, export growth rates in new, niche markets are very high.
We are committed to the goal of boosting domestic consumption and expanding export markets.
Representatives from the Departments of Industry and Trade in various localities stated that in 2024, they will persistently pursue the goal of promoting domestic consumption and expanding export markets.
Global food tensions are projected to persist into 2024, creating opportunities for Vietnamese rice.
In 2024, the world is projected to face a food shortage of approximately 5 million tons due to limited supply, which will present an opportunity for Vietnam to increase its rice exports.
Coffee exports in 2023 reached a record high, estimated at $4.18 billion.
According to the General Statistics Office, in 2023, Vietnam's coffee exports are estimated to reach 1.61 million tons. The export value increased by 3.1%, reaching a new record high of $4.18 billion.
What preparations do footwear businesses need to make when implementing the CBAM mechanism in 2030?
As one of the products with significant emissions during production, footwear is also one of the items affected by CBAM.
Economist Dinh Trong Thinh: 2024 and 2 scenarios for economic growth.
A stable macroeconomic environment and relatively low inflation will create a favorable position for Vietnamese export businesses in 2024.
Vietnam's rice industry in 2023: When the time is right, the place is right, and the people are united.
With all three factors of favorable timing, geographical advantages, and human resources converging, 2023 marked a breakthrough year for Vietnam's rice industry, marked by both bumper harvests and favorable prices.
Exports for the week of December 25-31: Coffee exports reached over $3.6 billion; total import and export for 2023 reached $683 billion.
Coffee exports reached over $3.6 billion; import and export figures for 2023 surpassed $683 billion... these are some of the highlights of export news during the week of December 25-31.
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