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News

The US market – the huge potential target market of Vietnam’s exported wooden products in 2007

12/12/2007

Exporting wooden products to the US market inthe first seven months of this year reaches USD 499.8 million, a 25.5% increasecompared to year on year. It is estimated that the US is continuously the hugepotential target market of Vietnam’s exported wooden products in 2007.

Vietnam is becoming a full potential exporting wood country

12/12/2007

Now, exporters highly appreciate the qualityand the prestige ofVietnam’swooden furniture. Vietnam’s wooden products have been in 120 nations andterritories all over the world but main markets are the US, the EU, Japan,China, South Korea, Australia, Taiwan, Malaysia, and Hong Kong.

Improving competitiveness to hold market share of Vietnam’s cashew nuts

12/12/2007

Vietnam currently exportscashew nuts to more than 40 countries all over the world. At first,Vietnam’s cashew nuts were produced to export mainlyto China’s market but now, they can break into markets of theUS and theWestern Europe.

New record for Vietnamese rice’s price

12/12/2007

According to theCenter ofCommercial Information, the closing price of Vietnamese riceon August 21st established a record: one ton of 5% broken rice costs310 US dollars.

Out of rice to export

12/12/2007

Theprice of exported rice stands at a rather high level; however, from now to theend of this year, Vietnamese enterprises cannot continue to sign exportingcontracts.

Colombia coffee is protected at the European Union

12/12/2007

National Federal of Coffee of Colombia (FEDERACAFE- Federación Nacional de Cafeteros deColombia) says that coffee of thiscountry is the first non-EU product being issued Protected Geographical Indication(PGI).

The tea industry is in danger of losing its market

12/12/2007

The Vietnam Tea Association(Vitas) has recently warned that our tea industry can lose its EU market afterthe customers in the UK and other European countries receive an announcement ofplant-protecting chemical residues in tea products imported from Vietnamexceeds the EU’s allowed number for many times.

Enhancing the competitiveness of agricultural and forestry products when integrating into WTO

12/12/2007

WTOaccession brings golden opportunities toVietnam in expanding the exportingmarkets for agricultural and forestry products. Yet, challenges hide behindthese opportunities. The largest challenge is the weak competitiveness ofVietnamese agricultural and forestry products. Hence, enhancing competitivenessas well as market development ability in both domestic and foreign one is thecore and urgent mission of the industry in the integration into internationaleconomy.