Viet Nam’s export of aquatic products in July showed positive signs with an increase of 9 per cent year-on-year, particularly with exports of shrimp and other products rising, except for pangasius.
Many fertiliser companies are steadily increasing production of organic fertilisers since they expect demand to rise sharply over the coming years.
Viet Nam imported more than one million tonnes of petroleum products in July worth more than US$633.2 million, up 99 per cent in volume and 107 per cent in value from the previous month, according to the General Department of Vietnam Customs.
The Viet Nam Cashew Association (Vinacas) held a conference to review the industry’s performance in the first seven months and identify solutions to the problems plaguing it.
Vietnam Customs data show rice exports to China in the first seven months fell 65.7 percent year-on-year to 318,000 tons.
Vietnam’s rice export prices have recently taken a nosedive due to falling demand for rice imports from China, the local media reported.
The 2019 week of Chi Lang custard-apple and specialties in the northern province of Lang Son was launched at the Trade Promotion Centre of Agriculture in Ha Noi’s Cau Giay District on Friday.
Petrol retail prices had fallen by more than VND500 per litre as of 3pm on Friday, the ministries of industry and trade and finance announced.
The Viet Nam National Coal and Mineral Industries Group (Vinacomin) and the US-based Xcoal Group said the prospects for importing US coal were positive, the Dau Tu (Investment) newspaper has reported.
Viet Nam’s sugar industry is expected to face a great deal of difficulties as the country will drop tariffs on imported sugar from ASEAN under the ASEAN Trade in Goods Agreement (ATIGA) in 2020.