Thứ Ba, 21 tháng 4, 2015

Vietnam’s agro export revenue drops 10pc
      

Vietnam saw an abnormal 10 percent fall in agricultural and seafood export revenue in the first quarter of 2015, official said.

Vietnam’s agro and seafood products need sustainable market strategies 

Deputy Industry and Trade Minister Tran Tuan Anh said Vietnam had posted consecutive first quarter growth in agricultural export revenue for the 2011-14 period, but a sharp fall in prices of several key export items, notably rice, rubber and tra fish, dragged down the first quarter result.
Geopolitical instability hit world demand.
Vietnam’s production of several agro products like rice, coffee, rubber and seafood products has sharply increased for recent years, and export capacity has reached saturation point," Anh said.
"The country needs to take measures to boost exports,” he said.
Vietnam reported a major fall in the exports of several key agro products including rice, rubber and coffee as a result of fierce competition in the world market.
Several countries that import agro products from Vietnam have recently been trying to intensify local production to reduce reliance on imports. Rice exports to Indonesia and the Philippines have fallen.
Seafood exports to Europe and America have been hit by anti-dumping tariffs, which hurt export revenues.
“The stronger US dollar is gradually affecting demand in Vietnam’s major export markets, including seafood in Europe, and seafood and fruit to Japan,” Anh said.
Weak competitiveness of Vietnamese products and poor trademark development will affect Vietnam’s agro products exports in the long term, he said.
     By Phuong Dung, dtinews.vn

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