Monday, October 14, 2019 2:47:19 PM - Markets open
VN-INDEX 993.57 +1.73/+0.17%
HNX-INDEX 106.05 +0.78/+0.74%
UPCOM-INDEX 56.78 -0.19/-0.33%
Agro-forestry-fishery exports fetch 12.4 billion USD in four months
VietnamPlus - 4/23/2019 12:59:39 PM
 (0 ratings. You must sign in to rate.)
Export revenues of agro-forestry-fishery products in April is estimated to hit 3.5 billion USD, pushing the figure in the first four months of this year to 12.4 billion USD, equivalent to the figure recorded in the same period last year, reported the Ministry of Agriculture and Rural Development.
In April, export revenues of farm produce is likely to hit 1.5 billion USD, while that of aquatic products was estimated at 694 million USD, and livestock reached 46 million USD.
Meanwhile, earnings from forestry products and furniture are estimated at 875 million USD in the month and 3.27 billion USD in the first four months, up 17.8 percent year on year, resulting in a trade surplus of nearly 2.49 billion USD for the forestry sector.
Key markets for Vietnamese forestry products include the US, Japan, the EU, China and the Republic of Korea, which together consume 87 percent of the products.
Impressive export revenues were seen in rubber (559 million USD), tea (62 million USD), fruits and vegetables (1.4 billion USD), cashew nuts (922 million USD) and peppercorn (288 million USD).
At the same time, exports of aquatic products in April are likely to reach 2.48 billion USD, up 2.4 percent, including 635 million USD from tra fish and 913 million USD from shrimps.
On the contrary, falls in both export volume and value look set to be recorded in rice, coffee, cassava and cassava products. Export volume of rice dropped 8 percent and value was down 19 percent, while the respective fall of coffee were 13 percent and 19 percent, and cassava and cassava products were 14 percent and 3.3 percent.
In the month, Vietnam imported 2.68 billion USD worth of agro-forestry-fishery products and agricultural materials, raising total imports in the four months to 9.7 billion USD, up 3.2 percent year on year.
In the first four months of this year, 46,000 hectares of forests were planted, a year-on-year rise of 1.72 percent. Timber production reached 6.23 million cubic metres, up 4.4 percent year on year.
In the period, the country collected 755.24 billion VND in forest environment service fees, up 9 percent against the same period last year and 23.6 percent of the yearly target.-VNA
Read more at here.
Newer News
13:43 Three more kinds of Vietnamese seafood exported to China
13/10 Economic zone draws investment from the manufacturing sector
11/10 Vietnam’s economic growth predicted to be higher than target
09/10 Vietnam up 10 places in Global Competitiveness Index
08/10 Rice export volume up but value falls
07/10 Vietnam continues to enjoy trade surplus with Israel
04/10 Rice exports bring home 2.24 billion USD in nine months
02/10 Energy efficiency important as VN power needs grow with economy: conference
02/10 Phones and components lead in January-September export turnover
30/09 GDP in first three quarters climbs to 9-year high
Older News
22/04 HCM City’s industrial production index hits five-year high
21/04 Fuel price hikes create pressure but CPI under control
18/04 Petrol prices continue to scale up in latest review
17/04 EU remains top market of Vietnamese shrimp
16/04 Vietnam’s exports to CPTPP countries set to surge
13/04 Forum seeks ways to improve trade promotion measures
12/04 Banking system crucial to economy: official
11/04 Solutions to spur economic growth
10/04 Vietnam to face competition from India in aquaculture exports
09/04 Regulations being revised to implement CPTPP
Newsletter Signup
Top Stories
Prices of Grade A office space rise due to low supply
VN stocks to beat 1,000 points in Q4
Consumer price index to be controlled at low level of 3.3-3.5% in 2019
Crude import tax zeroed in November
VN central bank makes first key rate cut since 2017
Market Update
Last updated at 3:10:01 PM
VN-INDEX 993.57 +1.73/+0.17%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.