Ben Tre Province has been granted 25 growing area codes to export green-skinned pomelos to the EU and US markets. Of these, 11 codes have been granted for the US market with an area of 156.76 hectares and an output of 3,135 tons per year.
The Ministry of Agriculture and Rural Development yesterday informed that after the five-year negotiation, the US Department of Agriculture had announced to officially allow the import of Vietnamese grapefruit to the market.
Vietnam is seeing great opportunities in the US market, said Commercial Counsellor in the US Do Ngoc Hung who showed optimism about Vietnam-US trade prospects.
The Food Safety and Inspection Services (FSIS) under the United States Department of Agriculture has recognized six more Vietnamese pangasius processing factories that are eligible to export products to the US, raising the number of establishments to 19, according to the Ministry of Agriculture and Rural Development’s National Agro-Forestry-Fisheries Quality Assurance Department (NAFIQAD).
The Ministry of Industry and Trade (MoIT) coordinated with the American Chamber of Commerce and the US - ASEAN Business Council to organize the Vietnam - US Trade Forum 2021 on December 7.
The US is a potential market for Vietnamese fruit and vegetable exports thanks to the diverse distribution system along with a 3-million-strong overseas Vietnamese community, according to the Vietnamese Trade Office in the US.
In the first four months of this year, export turnover to the US market had continuously seen sharp increases, maintaining the growth of over 20 percent over the same period. This is not beyond the expectation of enterprises. Besides the advantages that Vietnamese enterprises have got in their hands, the commercial counselor of the Vietnam Trade Office in the US also warned that this market is containing many great risks.
The General Statistics Office of Vietnam on February 28 informed that in the first two months of this year, the total import and export turnover was estimated at US$95.81 billion, up 24.5 percent year-on-year. Of which, exports hit $48.55 billion, up 23 percent, and imports reached $47.26 billion, up nearly 26 percent. The trade surplus in the first two months was estimated at $1.29 billion.
Garment and textile export turnover in the first month of this year reached US$2.6 billion, up 3.3 percent over the same period last year. The garment and textile industry aims to achieve the target of $39 billion this year, so since the beginning of the year, many key export product lines of the industry have been changed by enterprises.
According to Vietnamese trade counselors, in 2021, Vietnamese goods, in general, have a great opportunity to export to Europe, Northern Europe, the US, the Eurasian Economic Union, Japan, South Korea, and China.
Many garment processing enterprises for export in Ho Chi Minh City said that in the fourth quarter of this year, some orders, especially from the US market, have started to increase again. This is good news for the industry in the context that the Covid-19 pandemic still develops complicatedly in many traditional markets of Vietnam.
Minh Phu Seafood Joint Stock Company said that it would appeal against the decision of the US Customs and Border Protection (CBP) on the conclusion that frozen shrimp products exported by the company to the US market were subject to duties following the regulations on anti-dumping duty on Indian shrimps.
Mr. Hoang Trung, Director of the Department of Plant Protection, said that if nothing changes, from now to the end of this year, the US will complete the procedures to allow the export of Vietnamese pomelos to this market. At the same time, the US grapefruits will also be approved for import by Vietnam. Then the two countries will discuss the opening for other types of fruits.
A press conference on phytosanitary promoting export of Vietnamese fresh fruits to the US market after a suspension period due to the Covid-19 impact yesterday took place in Ho Chi Minh City.
Since the beginning of this year, prolonged hot weather and saltwater intrusion have caused disadvantages for shrimp-farming areas in the Mekong Delta. Besides, the Covid-19 pandemic has also affected the export of shrimps, leading to a decline in export turnover.
According to the General Department of Vietnam Customs, footwear is one of the key export products of Vietnam to the US with export turnover in the first quarter of this year reaching US$1.56 billion, an increase of 10 percent compared to the same period last year.
From May 28 to 30 this year, 60 US footwear importers are connecting trade online with Vietnamese footwear producers to discuss business plans after the Covid-19 pandemic.
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), due to impacts of the Covid-19 pandemic, most enterprises have suffered a decline of 35-50 percent in export orders as they were canceled and delayed or faced a shortage of raw materials.
Amid the information that the EU and the US shut down borders to immigration and medical quarantine and will also halt the import and export of goods, the Ministry of Industry and Trade (MoIT) on March 21 informed that the EU and the US do not apply any measures to restrict the import of goods from Vietnam.
