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Update news chinese market
Vietnam’s pangasius, a billion-dollar export, thrives in China but now faces significant competition from domestically produced snakehead fish.
A type of dried vegetable imported from China has become a staple of Tet markets, marketed as a royal specialty and commanding premium prices of up to 550,000 VND per kilogram.
Cordyceps sinensis, priced up to 2.5 billion VND ($102,000) per kilogram, is becoming a popular Tet gift in Vietnam, with demand far outpacing supply for premium grades.
After 11 months, Vietnam-China bilateral trade reaches US$185.4 billion, nearing a historic milestone of $200 billion
"Vietnamese businesses came to Ningbo to showcase their products last year. I found that the products had high quality and low cost, something even Chinese businesses couldn't do," said a representative of a Chinese cross-border e-commerce ecosystem.
A Chinese enterprise has shown interest in developing a waste-to-energy plant in Can Tho City with a daily waste processing capacity of 400–600 tons and an estimated investment of VND 1.2–1.5 trillion (up to $59 million).
Vietnamese durian is taking China by storm, as exports soared 90% in volume year-on-year, eclipsing rivals like Thailand.
Vietnam imported nearly $800 million worth of fruits and vegetables from China in the first 10 months of 2024, raising questions about safety and pricing as markets report rock-bottom costs.
Despite strong growth in ASEAN markets, Vietnam's rice exports to China have dropped to a historic low, with additional challenges threatening prices.
Despite exporting a significant volume of betel nuts to the Chinese market, Vietnam’s imports of this commodity have also surged, with values increasing by 324% in the first eight months of the year.
The price of farm produce skyrocketing at first and then plummeting has been a phenomenon that has occurred in the past and is now happening with areca nuts.
Prices of fresh areca nuts in Vietnam have surged to record highs, primarily driven by strong demand from China.
The issuance of official export permits has driven record-breaking export revenues from key fruits to China, highlighting Vietnam's growing influence in the market.
The Mekong Delta, especially Dong Thap Province, is known for its strong potential for crocodile farming. Recently signed agreements between VN and China have created significant opportunities for the crocodile industry.
Vietnamese fish bladder exports to China have surged, reaching US$21 million in 8 months of 2024. Once a by-product, fish bladders are now a lucrative export for Vietnam’s seafood industry.
During the 13th session of the Vietnam-China Economic and Trade Cooperation Committee in Beijing, discussions led by industry ministers highlighted a significant move by China's automotive leaders to intensify their business and production in VN.
The first-ever Vietnam fruit festival opened in Beijing, China, on September 29, co-organised by the Vietnamese Ministry of Industry and Trade, and Ministry of Agriculture and Rural Development.
China has invested over one billion USD in the first seven months of the year to import cassava starch, primarily from Southeast Asia, with Vietnam contributing nearly 800,000 tons.
With China planning to spend more than $10 billion on durian imports, Vietnamese exporters are cautioned to adhere strictly to Chinese import regulations to capitalize on this burgeoning market.
Fresh coconuts, a burgeoning contributor to Vietnam's agricultural exports, are poised to make a substantial impact on the nation's economy through increased shipments to China, according to officials.