Vietnam’s lychee exports are soaring, with figures revealing a remarkable $27 million in sales to China alone—an astonishing 3.63 times increase compared to June of the previous year, according to customs data. Even in premium markets like France, Australia,…
China has emerged as a vital avenue for Vietnamese shrimp exporters, importing nearly US$595 million worth of shrimp, as reported by the Vietnam Association of Seafood Exporters and Producers (VASEP). A supply shortage in China, coupled with a seasonal spike…
Thailand could face a staggering loss of up to 200 billion baht (approximately US$6.14 billion) in export revenue this year if the United States moves forward with proposed tariffs ranging from 25% to 36% on Thai goods, warns a forecast from the University of…
Fruits from certified export orchards in Vietnam now command prices between VND25,000-30,000 per kilogram, a drop from VND35,000-40,000 at the season’s outset. Luc, a seasoned lychee farmer from Bac Giang Province’s Luc Ngan District—the country’s leading…
In the Central Highlands provinces of Dak Lak, Gia Lai, and Kon Tum, coffee prices have taken a significant dip, plummeting 30% from the peak of VND135,000 reached in March. This downward trend in coffee prices is not limited to Vietnam; it mirrors a broader…
Starting July 9, U.S. President Donald Trump’s vast array of global trade tariffs is set to roll out, posing serious implications for economies and businesses worldwide. In a race against time, India is working diligently to forge an agreement that could…
Vietnam targets its export revenues of $300 billion next year despite concerns over trade deficits amid a global economic slump. The target, announced by Prime Minister Nguyen Xuan Phuc at an online meeting with leaders of cities and provinces on Monday,…
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…
Vietnam’s coffee scene is brewing up some interesting developments! Although there was a slight dip in volume, with a 0.6% year-on-year decrease, the value of exports leapt by an impressive 62.3%. This surge was largely driven by a significant rise in average…
In a recent decision that has sent ripples through the seafood industry, the U.S. Department of Commerce (DOC) released its 19th administrative review of frozen warmwater shrimp imports from Vietnam. This review, covering shipments between February 1, 2023,…
Overall shipments of fruits and nuts have taken a significant hit, plummeting by 23% to a staggering US$1 billion, as exports of six out of the eight leading fruits face stark declines. Among the most affected is the beloved durian, which, following a surge…
Vietnam’s durian exporters are currently facing a tough dilemma as they navigate the aftermath of a tremendous growth spurt. With China tightening its quality control measures and facing stiff competition from Thailand, the Philippines, and local Chinese…
Vietnam’s coffee exports have made a remarkable leap this year, with the country shipping over 736,000 tons valued at an impressive US$4.2 billion from January to mid-May, as reported by the Department of Customs. While this marks a 5.5% decline in volume…
As consumer demand for premium durian varieties surges in China, Malaysia projects a significant increase in its durian exports this year. Loh Wee Keng, chairman of the Malaysia Chamber of Commerce and Industry in China, shared insights on the growing market,…
Prices of rice shipped from Thailand declined to an over three-year low this week due to US President Donald Trump’s move to impose import tariffs and an existing market surplus. Meanwhile, India’s rice export prices neared a two-year low on subdued demand.…
Exports of fruit and vegetables fell by 10.5% year-on-year in March to an estimated US$421 million, marking the third consecutive month of decline. They had decreased by 5.2% to $416 million in January and 6.5% to $303 million in February. The main reason was…