Hanoi (VNA) - Fruit and vegetable exports earned an estimated 1.38 billion USD in thefirst five months of 2017, up 38 percent from the same period last year.
According to the Ministry of Agriculture andRural Development, the sector exported 344 million USD worth of these productsin May.
The top four importers of Vietnamese goods wereChina, the US, Japan and the Republic of Korea that accounted for 83.8 percentof the total value of fruit and vegetables.
Markets seeing an increase in imports of Vietnamesefruit and vegetables included the United Arab Emirates (2.1 times), Russia(76.3 percent), Japan (51.2 percent), and China (36.8 percent).
In the January-May period, Vietnam imported 470million USD worth of fruit and vegetables, up 68.6 percent year on year. Thevegetable import was estimated at 100 million USD, up 49 percent from 2016,while the imported fruit value was 353 million USD, up 75 percent.
According to the Ministry, in the domesticmarket, early Thanh Ha lychees were sold in Hanoi at the price up to 50,000 VND(2.2 USD) per kg, an increase of around 10 percent year on year.
Prices of avocado in the Central Highlandsprovince of Dak Lak also surged between 15-20 percent from the same period lastyear.
Prices of vegetables in Lam Dong are likely toincrease because of shortage of supply.-VNA
Vietnam’s fruit-vegetable export value in 2016 is predicted to reach 2.6 billion USD, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam’s fruit and vegetable export in 2016 hit 2.4 billion USD, representing an increase of 30 percent from 2015 and exceeding the year target of 2.2 billion USD.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Illustrative photo (Source: vccinews.vn) 
