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Vietnam"s export to EU hit nearly $10 billion in first quarter


Exports to the EU soared 18 per cent in the first quarter buoyed by the EVFTA
According to figures from the Ministry of Industry and Trade (MoIT), since the landmark EU-Vietnam Free Trade Agreement (EVFTA) came into force, Vietnamese exports to EU member states managed impressive growth and hit nearly $10 billion in the first quarter of 2021, up 18 per cent on-year.
The best-performing sectors were textile and clothing, electronics, and agro-fishery products, among others. In particular, shrimp exports surpassed $150 million, up 11 per cent over the same period of last year.
Besides, Vietnam s leather and footwear export turnover in the first eight months of 2020 dropped more than 10 per cent due to the COVID-19 pandemic but quickly regained its growth momentum after the EVFTA took effect. In January alone, the turnover expanded 26 per cent compared to the corresponding period in 2020. ....

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Bright outlook for aquatic product exports in 2021


Bright outlook for aquatic product exports in 2021
With rosy signs in the second half of last year, Vietnam s fishery sector is expected to post positive growth this year.
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietnam exported 8.4 billion USD worth of aquatic products last year, a slight increase from 2019, of which aquaculture products made up 54 percent.
In January, the total export value was estimated at 600 million USD, a year-on-year rise of 19.6 percent thanks to the sector’s great efforts to boost exports.
Shrimp has maintained its significant role in the country’s aquatic product exports, with revenue forecast to reach 4.4 billion USD in 2021, up 15 percent from the previous year. ....

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