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Update news chinese market
The Ministry of Agriculture and Rural Development yesterday announced that China is becoming the largest consumer of Vietnamese agricultural products.
Fresh Vietnamese passion fruit and coconut have huge export opportunities to Australia and China via official channels, according to the Plant Protection Department under the Ministry of Agriculture and Rural Development.
China has surpassed the US to become the top importer of Vietnam’s farm produce. Exports to China in the first six months of the year accounted for 21 percent of total export turnover in the agriculture sector.
The Ministry of Industry and Trade (MoIT) is collecting opinions on amending and supplementing a number of articles of Decree No. 14/2018/ND-CP detailing border trade activities in order to speed up the shift to official export.
Vietnam's agricultural exports to China have surged, solidifying its position as the top trading partner for Vietnam and propelling export growth.
A boom in orders from China has occurred, and new export markets have opened. Veggie and fruit export turnover of $4.5-5 billion this year is within reach.
In early June, two Chinese companies specializing in energy storage and battery manufacturing revealed their plans to invest a staggering US$1 billion in expanding production facilities in Vietnam.
Vietnam has exported 2,657 tonnes of pepper to the Chinese market as of mid-June. Exports to US and EU markets have dropped.
Vietnam Railway Corporation has proposed two railway routes connecting Cao Xa Station in the northern province of Hai Duong to China.
The international road passenger transport route between the Mu La Thang border gate in Vietnam’s Lai Chau province and the Jin Shuihe border gate in China’s Yunnan province has been opened to traffic following a ceremony on June 13.
The Vietnamese Ministry of Agriculture and Rural Development is actively working toward enhancing trade cooperation with China to boost the country’s exports of agricultural produce.
The MARD suggested China Customs permit more fruits, aquatic species and products of Viet Nam to enter this country, license more Vietnamese aquatic...
Chinese importers highly appreciate the quality of Vietnam’s farm produce, saying they want to buy in large quantities. But, in fact, the two sides continue to make modest transactions and there is no sustainable supply value chain.
The export of durian and coconut is expected to hit 1 billion USD this year thanks to increasing demand from China, according to experts.
Vietnam's pepper exports are not challenged by Cambodia being issued a licence to export its pepper to China directly, according to experts.
As major fruits are entering the peak harvest season, Vietnamese officials have warned of the risk of worsening congestion at border gates with China in the northern region due to high export volumes.
China has allowed its citizens to go to Vietnam in groups, starting from March 15, but the number of travelers from the huge market has been increasing slowly. Vietnam received only 400,000 Chinese travelers in the first five months of the year.
Head of Nanning Customs Wang Weibing has proposed putting a smart border gate system into trial operation to facilitate customs clearance of Vietnam’s farm exports to China.
Prime Minister Pham Minh Chinh has signed an official dispatch on the implementation of urgent measures to settle goods congestion and promote the export of farm produce through northern border gates.
Smart border gate control should be launched to prevent congestion and facilitate cross-border trade in farm products between Vietnam and China.