Vietnam's export value of agro, forestry, aquatic products in the first eight months of the year hit about US$36.3 billion, a year-on-year rise of 13.1 percent, according to the Ministry of Agriculture and Rural Development (MARD).
Currently, many key export groups of Vietnam such as seafood, textiles, footwear, electronics, wood, etc. are facing many difficulties due to their great dependence on imported raw materials.
The commerce ministry’s investigation arm DGTR had conducted a probe to review the need for continuing imposition of anti-dumping duty on the product imported from these countries, following a complaint from the domestic industry.
The poultry industry expects to see an increase in dumped imported chicken, particularly from Brazil, within the next few months after receiving a “licence” to continue their dumping from Minister of Trade, Industry and Competition Ebrahim Patel.
The market for plant-based foods is surging globally after the pandemic, presenting an opportunity for Vietnamese vegetarian food exporters, of which the UK is a promising market.