The leather shoe export turnover of Viet Nam in the first 11 months of this year reached US$3.57 billion, a 16 per cent year-on-year decrease.Based on this turnover, the country’s shoe exports for December are projected to be around $300 to 400 million, making an annual total of roughly $4 billion, which is much lower [...]
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More coffee exported, but prices down
Vietmam exported about 100,000 tonnes of coffee in November, earning a value of US$145 million, according to the Ministry of Agriculture and Rural Development.In November, the export volume and value were nearly double the previous month, the ministry said.
These numbers increased the coffee export volume and value in 11 months to 1.04 million tonnes and [...]
Rice Traders Increase Proces as Philippines Buys from Vietnam
Rice traders offering to supply the Philippines, the world’s biggest buyer, raised prices by more than $100 a metric ton compared with last month, reflecting increased global demand.
Suppliers including Vietnam Southern Food Corp. offered to sell at $598 to $697 a ton at a tender today for a total of 600,000 tons, National Food Authority [...]
Agricultural exports fall by 7 percent
Agricultural forestry and fisheries exports totalled US$1.3 billion in November, bringing the total for the first 11 months of the year to $14 billion, a decline of 6.94 per cent from the same period last year, according to the Ministry of Agriculture and Rural Development.
Nguyen Viet Chien, director of the ministry’s Information and Statistics Centre, [...]
First ‘green’ cashew plant under construction
Construction of an environmentally-friendly cashew-nut processing factory, the first of its kind in Vietnam, began in the southern province of Binh Phuoc on November 25.
The VND100 billion project (roughly US$5 million) is also the first in Vietnam to solely use domestically-designed equipment and technology.
The factory is scheduled to complete within the next three years and [...]
Vinatex affiliates to build new garment factory in Vietnam
Seven affiliates of the Vinatex Group would jointly build a new garment factory in the northern province of Bac Giang, the group said.
The VND40 billion (US$2.3 million) factory would open its door next April, creating 900 jobs, Vinatex said.
Rice Export Price up day by day
Vietnam Food Association (VFA) has recently announced that up to November 20, 2009, the country’s rice export has reached 6.45 million tonnes, in which over 5.573 million tonnes of rice have been delivered, gaining $2.256 billion in line with the FOB price.
Especially, within the first 20 days of November, the enterprises have exported only [...]
Vietnam made leather shoes return to EU
The EU Consulting Committee on Antidumping Tax disagreement with the proposal of extending the applying of antidumping tariff on Vietnam’’s leather shoes opened a big chance for Vietnam’s upper-leather shoe production sector to return the tough market.
Most experts as well as many leather shoemakers were of the view that the export of upper-leather shoes [...]
EU plan in doubt to maintain shoe tariffs on Vietnam
A European Union plan to prolong tariffs on Vietnamese shoes for 15 months was thrown into doubt when EU nations criticized the bid to maintain protection for Europe’s producers against lower-cost rivals.
The opposition by national trade experts in the EU undermines the European Commission’s recommendation to extend the duties of as much as 16.5 percent [...]
Coffee exporters want up front cash
About 20 coffee exporters of the Vietnam Coffee Club have decided to insist on a cash-up-front method of charging to avoid heavy losses caused by the drop in coffee prices.
Previously the price was set on settlement day, which could be several weeks after the coffee was exported. By that time the price [...]
