Bắc Ninh
Vietnam sees 15.5% rise in exports in EU market
Updated: 10:09, 04/08/2021
Export revenue from the EU market reached US$22.5 billion in the first seven months of 2021, a year on year rise of 15.5%, reported the Ministry of Industry and Trade.
According to the ministry, Vietnam mostly exported telephones and accessories, computers, electronics, footwear, garment and textile products, seafood, and handbags and wallets to the EU.
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Processing shrimp for exports. |
Meanwhile, the country imported US$9.7 billion worth of goods from the EU, a rise of 19.6% over the same period in 2020. Major imports were accessories, automobile spare parts, completely-built-up cars and household appliances.
The EU-Vietnam Free Trade Agreement took effect for one year on July 31, benefiting Vietnam's exports to the market.
(BGO) – The export
turnover in Bac Giang province was estimated at 885 million USD in July, up
79.8 percent against previous month and over 7.2 billion USD in accumulation
of 7 months, up 31.2 percent year on year, reported the provincial Department
of Industry and Trade.
(BGO) – The first batch of chilli garlic
vinegar made by Ngan Giang Trading Company Limited in Luc Ngan district (Bac
Giang province) were exported to the Republic of Czech on July 25, helping the
business diversify the product and gradually open the market.
Son La province held a ceremony on July 21, in Song Ma district, to announce the decision granting certificates of trademark registration for the "Son La longan" and to cut the ribbon to send off the batch of Song Ma-Son La longans to the EU and UK markets for 2021.
With an annual import value of vegetables and fruits amounting to more than £6 billion (equivalent to US$8.4 billion), the United Kingdom is emerging as a large potential export market for Vietnamese fruit and vegetables.
Japanese-based retail giant AEON is planning to use its commercial network to export Vietnamese longan to neighbouring Asian nations, according to Yuichiro Shiotani, General Director of the AEON TOPVALU Vietnam Co. Ltd.
Source: NDO/VNA
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