Tag: export

Retail Asia04/03/2024
exotic-tropical-fruit-1024x768.jpg
2min0
Vietnam’s fruit and vegetable exports surged 38% to about $749.7 million in the first two months and is expected to peak at nearly US$7 billion this year. Durian alone would will bring in $3.5 billion after the Vietnamese Ministry of Agriculture and Rural Development and the General Administration of Customs of China signed a protocol […]

Retail Asia12/02/2024
specialty-coffee-1280x854.jpg
2min0
Vietnam shipped 230,000 tonnes of coffee abroad in January, earning $623 million, up 61.6% in volume and 100.3% in value year-on-year, according to the Ministry of Agriculture and Rural Development. In the last days of the Year of the Cat, the average coffee price in the Central Highland provinces continued to increase compared to the […]

Retail Asia24/01/2024
vietnam-fruit-shop-1280x853.jpg
2min0
According to the Vietnam Fruit and Vegetable Association, fruit and vegetable exports have risen by 89.2% this year to US$459 million due to a surge in demand from China. China has imported large volumes of durian, bananas and dragon fruit. Cold snaps in many places in that country have limited domestic banana supply since the […]

Retail Asia15/01/2024
rice-export-vietnam-1280x722.jpg
2min0
Vietnam’s rice exports soared to 8.13 million tons, valued at US$4.7 billion in 2023, setting a new national record, as per the General Department of Customs. This marked a 14.4% increase in volume and a 35.3% rise in value from the previous year, despite challenges from the El Nino weather pattern. The export surge is […]

Retail Asia18/12/2023
Rice-Import-1024x722.jpg
2min0
In 2023, the rice farming area nationwide is 7.1 million ha with productivity estimated at 6.08 tonnes of unmilled rice per ha and total output at 43.1 million tonnes, up about 420,000 tonnes from last year. Some 7.75 million tonnes of milled rice was exported during the first 11 months of this year to bring […]

Retail Asia06/12/2023
Rice-Import-1024x722.jpg
2min0
Vietnam rice export prices have reached a new peak of US$663 per ton, the highest price in the world right now, amid rising global demand. On Monday prices rose 2% in a single day to $663. Rice from Vietnam’s competitor Thailand has also risen 8% in the last four weeks to $625 while Pakistan’s prices […]

Retail Asia06/10/2023
Rice-Import-1024x722.jpg
3min0
According to the Ministry of Agriculture and Rural Development, Vietnam set a new record in rice export revenue in the first nine months of 2023 thanks to price increases. The ministry has reported that the country earned US$3.66 billion from exporting rice in the period, up 40.4% year-on-year. The result was attributed to the increasing […]

Retail Asia04/09/2023
Coconut_Drupe_2048x-1280x853.webp
2min0
Vietnam’s coconut export is expected to reach US$1 billion in 2025 after the U.S. and China agree to allow Vietnamese coconuts to enter the two markets, according to the Vietnam Coconut Association. As the U.S. is about to open the market for Vietnamese coconuts and China allows official coconut import, local businesses are trying to […]

Retail Asia25/07/2023
Red-Peppers-1024x680.jpg
2min0
Vietnam exported 153,000 tons of pepper worth US$483 million in the first half of this year, up 24% in volume but down 13.7% in value year-on-year. According to the General Department of Vietnam Customs, the average price stood at $3,184 per ton, a decrease of 29.7% from a year earlier, due to weaker global demand. […]

Retail Asia20/07/2023
exotic-tropical-fruit-1024x768.jpg
2min0
The export of rice, fruit and vegetables to China and other markets posted surges of 34.7% and 64.2%, respectively in the first half, according to the Ministry of Agriculture and Rural Development. Director of the ministry’s Agro-Forestry-Fisheries Quality Assurance Department Nguyen Nhu Tiep predicted export growth of fruit and vegetables to be maintained in the […]

Retail Asia08/05/2023
seafood-1280x719.jpeg
2min0
Minh Phu Seafood, one of the country’s biggest shrimp processors, reported a loss of VND95 billion ($4.1 million) in the first quarter, ending its seven-year profitability streak. Its revenues fell by half year-on-year to VND2.1 trillion. The gross profit margin almost halved from over 11% to less than 6%, while interest on borrowings nearly tripled, […]

Retail Asia26/04/2023
Vietnam-Motorbike-Registration-1280x720.jpg
1min0
Over 634,000 motorbikes were sold in Vietnam in the first three months, translating to almost five units every minute. The figure dropped by nearly 16% year-on-year, according to the Vietnam Association of Motorcycle Manufacturers, which comprises Honda, Yamaha, Piaggio, Suzuki and SYM. The motorbike sales figure was 7.3 times that of cars, showing that two-wheelers […]

Retail Asia18/04/2023
Rice-Import-1024x722.jpg
1min0
Vietnam’s rice export prices grew 9.2% year on year to $532 per tonne in the first quarter of 2023, said the General Department of Vietnam Customs. The price increase was attributed to a surge in the proportion of high-quality rice such as fragrant, glutinous, and specialty rice. High-quality rice is accounting for 50% of the […]

Retail Asia13/04/2023
tuna-story-images-fisherman-with-tuna-by-gregg-yan-for-wwf-1024x728.jpg
3min0
Tuna exports to the U.K. tripled year-on-year in the first two months even as shipments to some main markets like the U.S. and E.U. plunged. Exports to the U.K. were worth US$1.3 million, enabled by a 13-fold rise in February, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). Vietnam now ranks 13th […]

Retail Asia10/04/2023
rice-paddy-vietnam.png
4min0
Vietnam exported 1.7 million tonnes of rice in Q1 worth over $900 million, a 19% increase in quantity and 30% rise in value over the same period last year, according to Vietnam Customs. According to the Ministry of Industry and Trade (MoIT), Vietnamese rice has seen some success in improvements in quality and demand over […]

Retail Asia27/03/2023
Vietnam-Elogistics-1280x832.jpg
2min0
Vietnam’s exports to Russia fell by nearly 60% year-on-year to US$205 million in the first two months of this year. Iron and steel, footwear and electronics exports almost came to a halt while those of agriculture produce like rice, vegetables and seafood fell by 20-50%, according to the Vietnam Trade Office in Russia. Rubber, garment […]


About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.


CONTACT US

CALL US ANYTIME

Most read



Retail updates

Stay up to date of the lates updates and retail news from Asia.








X