VIETNAM BUSINESS NEWS MAY 16 vietnamnet.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vietnamnet.vn Daily Mail and Mail on Sunday newspapers.
The BOFT statistics show Vietnamese businesses shipped 18,330 tonnes of tea worth USD28.91 million to the market, increasing by 7.1% in volume and 7.47% in value compared to 2020. In the opening two months of this year, they exported 2,000 tonnes worth USD3 million, up 3.5% in volume and 0.9% in value year on year. However, their export proportion to the market decreased by 8% compared to nine years ago. Experts attributed the decline to the impact of the COVID-19 pandemic and Taiwan’s tightened control over product quality and pesticide residue level over imports. According to Taiwan's regulations, imported tea products are required to comply with food safety and hygiene standards set by the Taiwan Food and Drug Administration (TFDA). Photo: dantri.com.vn Nguyen Thu Thuy, deputy director of the Export Promotion Center under the Ministry of Industry and Trade, had advised local firms to improve product quality and abide by stringent rules on imported goods when exporting to Taiwa
An online trade exchange will be held on May 9 to seek cooperation opportunities in the fashion industry between Vietnam and South American countries, according to the Ministry of Industry and Trade.