CATEGORIES

© Copyright 2004; Hanoitimes - Economic and Urban Newspaper;

The tribune of Hanoi People’s Committee

Publication Permit: 29/GP-CBC

Editor - in - Chief: Nguyen Thanh Loi

Managing Editor: Ta Thu Giang

Email : thugiang@hanoitimes.vn

Head Office: 21 Huynh Thuc Khang Street, Dong Da District, Hanoi

Branch Office: 221 Tran Phu Street, Ha Dong District, Hanoi

WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Economy / Trade - Service
Vietnam's agro - forestry - fishery exports hit over US$19 billion in 6 months
Ngoc Thuy 19:32, 2018/06/28
Vietnam`s agro - forestry - fishery export turnover in June came at US$3.45 billion, taking the total export turnover in the first six months to US$19.4 billion, up 12% year on year, according to the Ministry of Agricultural & Rural Development (MARD).
During the January - June, period, farm produce exports reached US$10.3 billion, up 9.7% year-on-year, while fishery exports jumped to US$3.94 billion, representing an increase of 10.5% year-on-year. Additionally, forestry exports stood at US$4.33 billion, up 12.7% year-on-year. 
 
Illustration photo.
Illustration photo.
Notably, rice export in the first six months totaled 3.57 million tons worth US$1.81 billion, increasing 42% in value and 12.5% in volume compared to the same period of last year. Other products that recorded high growth rates during this period included vegetables with US$2 billion, up 20% year-on-year, and cashew with US$1.71 billion, up 16.4% in value year-on-year.

Major export markets of Vietnam in the first six months were Indonesia (for rice, coffee and rubber), China (vegetables, rubber, fishery), Germany (tea, fishery, cashew), Malaysia (tea, rice), Iraq, Hong Kong, the Philippines (rice), Arab Saudi (tea), the US (cashew, fruits, rice) and India (rubber, peppercorn). 

Meanwhile, China continued to be Vietnam's largest agro-forestry-fishery exporter with turnover of US$1.2 billion, accounting for 74.6% of total import turnover and up 18.1% year-on-year, followed by the US with US$50.9 million, up 14.6% year-on-year. 

Other import markets such as Japan, South Korea, and Thailand also witnessed high growth rate at 8%, 15.4% and 26% year-on-year, respectively. 

According to the MARD, some Vietnamese products such as wood and tea are gaining attention from the world market. Moreover, a stronger US dollar has created favorable condition for Vietnam's exporters. 

However, growing protectionism in large markets such as the US, EU and China is causing uncertainty in the global market. 
Comments
Other news
21:45, 2025/01/15
Hanoi seeks 5% export growth in 2025
The city’s total import-export turnover reached US$60.1 billion in 2024, up 11% year-on-year.
08:41, 2025/01/11
Vietnam-Laos Industrial Park: New direction to strengthen bilateral ties
Numerous Vietnamese projects in various sectors have effectively contributed to Laos' development, creating jobs and improving the livelihoods of tens of thousands of local workers.
22:19, 2025/01/09
Hanoi's foreign trade turnover hits US$60.1bn in 2024
The city will continue to support businesses in exploring new markets, capitalizing on the Free Trade Agreement of which Vietnam is a member.
11:46, 2025/01/09
Vietnam confident of achieving 8% growth rate in 2025
Key drivers of Vietnam’s growth include institutional reforms and decentralized governance.
14:34, 2024/12/26
UK’s accession to CPTPP to benefit Vietnam’s exports in 2025
Vietnam, in particular, will gain further access to a high-quality market, complementing its connections with Japan, Canada, and Australia.
16:41, 2024/12/16
Hanoi seeks greater efficiency in e-commerce tax management
Hanoi's e-commerce tax administration is expected to be significantly tightened in the near future.