Many Vietnamese businesses have felt the pinch as petrol and logistics costs are rising considerably, causing many to lose export orders signed with partners.
India has suspended tariffs on imported lentils (Masoor Dal) from several countries, including Australia. What does this mean for prices, and is this likely to increase the area planted by producers given it officially ends before the 2022 crop will be harvested?
The Republic of Korea (RoK) has offered a preferential tax rate of 5 percent for 55,112 tonnes of rice imported from Vietnam, according to the Asia-Africa Market Department under the Ministry of Industry and Trade.
Vietnamese tuna exports to the United States saw a year-on-year surge of 210% in January to reach nearly US$44 million, accounting for roughly 50% of the total export value of the product, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
On February 18, 2022, Canada imposed final duties on container chassis from China that will offset China’s illegal and unfair trade (dumping and subsidies) into the Canadian market.
The target of 3.8 billion USD in export revenue of cashew nuts for this year set by the Ministry of Agriculture and Rural Development (MARD) is quite feasible given the forecast on high demand for the product in the time to come, according to experts.