US expects to export more agricultural products to Vietnam

Under-Secretary of Agriculture for Trade and Foreign Agricultural Affairs Ted McKinney has led trade mission to Vietnam in an effort to boost agricultural exports from the US to the Southeast Asian nation.
US expects to export more agricultural products to Vietnam ảnh 1Under-Secretary of Agriculture for Trade and Foreign Agricultural Affairs Ted McKinney. (Photo: agri-pulse.com)

Hanoi (VNA) – Under-Secretary of Agriculture for Trade andForeign Agricultural Affairs Ted McKinney has led trade mission to Vietnam inan effort to boost agricultural exports from the US to the Southeast Asiannation.

He wasaccompanied by representatives of 13 states and nearly 40companies on the trip.

Last year,Vietnam’s agricultural exports to the US totalled 4.2 billion USD, ranking 7thamong exporters to the US.

Vietnam hasenjoyed a trade surplus ofaround 40 billion USD with the US annually with main export items includingtextile and garment, footwear and electronics.

The Vietnamesemarket is very promising so the number of accompanying firms this time ranksthird among the US trade mission trip, said McKinney.

Vietnam hasseen growing living standards, as a result, Vietnamese people are demanding more high-quality farmingproducts, he said, adding that the US agriculture industry can meet suchexpectations.

He also notedthat the US Department of Agriculture worked with the Ministries of Industry and Trade, andAgriculture and Rural Development of Vietnam in this effort.

McKinney saidagricultural products from the US are favoured by many local consumers buttheir prices remain relatively high, largely due to administrative costs inVietnam.

Vietnam hasbeen streamlining customs procedures while the US side has been supportingAmerican exporters to cut costs and clearance time./.
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.