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It attributed the falling profit to a 20 percent drop in income from financial activities and a 27 percent increase in cost of goods sold during the period. The company also said that the pandemic has changed consumer behavior in its main export markets like…
In the first quarter this year, exports of phones and components were worth $14.1 billion, 99 percent of it by foreign firms. Exports of computers and parts exports topped $12 billion, with foreign companies accounting for 98 percent. The agency said the rate…
Vietnam targets a 5 percent increase in shrimp exports this year to $4 billion. It also targets output of 930,000 tons and having 740,000 hectares of shrimp farms, said Tran Dinh Luan, director of the Directorate of Fisheries, said at the VietShrimp…
Saudi Food and Drug Authority (SFDA) has decided to temporarily suspend the import of fish and shrimps from Việt Nam. The ban, effective from March 1, is in accordance with the regulatory procedure for fish and other aquaculture export establishments of SFDA,…
Indonesias exports were up 15.68 percent in March, from US$12.61 billion in the previous month to $14.59 billion, according to Central Bureau of Statistics (BPS) here on Monday. BPS chief Suhariyanto stated at a press conference that the hike was dominated by…
Despite China’s retaliatory moves against Seoul’s hosting of a US missile defense system, South Korea has seen its exports to the world’s No. 2 economy increasing in recent months. The country’s shipments to China rose by 16.4 percent from a year earlier…
Falling demand and overseas competition are expected to bite into Vietnam’s rice exports. India and Vietnam, the world’s leading rice exporters, may see overseas sales fall below previously expected levels due to slowing demand and rising competition from…
Despite facing difficulties, Việt Nam will strive to achieve rice exports of more than 5 million tonnes this year, the Việt Nam Food Association has said. Speaking at a meeting to review the VFA’s performance last year in HCM City on Monday, its secretary,…
iệt Nam estimated to gain US$7.3 billion from the export value of wood and wooden products this year, a slight increase of 1 per cent year on year, reported the Ministry of Agriculture and Rural Development’s General Department of Forestry. Nguyễn Bá Ngãi,…
Indonesia saw the exports of its palm oil products, which include crude palm oil (CPO), biodiesel and oleochemical, increase by 34 percent month-on-month to 2.45 million tons in October, thanks to rising demand from major export destinations. In September,…
Myanmar’s garment sector is targeting a 300% increase in garment exports to the European Union (EU) by end of 2019 thanks to a EUR2.8m (US$3m) funding boost as the second phase of the SMART Myanmar project gets underway. The EU-funded SMART Myanmar project –…
