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Update news chinese market
The General Administration of Customs of China has officially notified the Vietnam Department of Animal Health that it has approved the export quarantine certificate for Vietnamese monkeys.
Khanh Hoa Bird’s Nest Company’s entry into the Chinese market marks a significant milestone for Vietnam’s bird’s nest industry.
“Many buyers have come and placed orders. Sometimes we receive several groups of buyers each day,” said Phan Minh Thong, chair of Phuc Sinh Group.
Vietnam's billion-dollar durian is entering its main harvest season with an estimated output of 1.5 million tons, a significant increase from last year. However, this commodity will face new competition in the Chinese market from Malaysia.
Vietnam’s farm specialties for export, including durian, fresh coconut, crocodile, chili and passion fruit, have seen high profits.
The Vietnamese market is witnessing a surge of Chinese electric cars since 2023, with five brands entering in just the past 12 months, covering all segments from mini cars to SUVs and MPVs.
Chinese traders have flocked to Bac Giang province to buy large quantities of lychees, driving prices to a historic high.
With regard to passion fruit and chili products that have been exported on a pilot basis, the two sides agreed to accelerate the completion of procedures for signing these two documents in the near future.
An upward trend has been recorded in Chinese recent investments in Vietnam, which is hoped to help fuel the industries the country has demand for such as high technology, renewables, supporting industries, electronics, and green finance.
Chinese companies face great challenges selling their cars in Vietnam.
Many exporters are boosting farm exports to China by rail, thanks to it being quick, cheaper and a more reliable form of transport.
Vietnam has been named among the top 10 favourite destinations for Chinese tourists during the May Day holiday, according to Chinese travel data platform Qunar.
Alibaba has initiated plans to build a data hub in Vietnam in order to store data locally in compliance with legal requirements, according to details given by Nikkei Asia.
There remains ample room for Vietnam's exports to China and the growth will be directly proportional to the quality improvement of products by domestic enterprises.
The Vietnam Railway Corporation (VNR) has said it will launch a train service connecting Cao Xa Station in the northern province of Hai Duong to China on April 23.
The trade of goods across the Vietnam-China border has returned to a pre-Covid-19 level of activity.
Durian flesh price has soared to VND850,000 per kilogram, even though Vietnam produces one million tons of the fruit a year.
Thousands of Chinese travelers arrive daily in Mong Cai City in Quang Ninh province. The municipal authorities are now worrying about a "zero-dong tour" comeback.
The Ministry of Industry and Trade (MoIT) has received a proposal to initiate an anti-dumping investigation of hot-rolled coil (HRC) imported from China from two domestic manufacturing enterprises.
Local cultivation and plant protection authorities and relevant agencies must prepare a list of growing areas and packaging facilities registering to export fresh coconut and frozen durian to China before April 1.