Heineken to shift production from Singapore to Vietnam and Malaysia
Dutch brewer Heineken will shift its brewing production from Singapore to Vietnam and Malaysia as part of its strategy to build a more agile regional supply approach.
Agro-forestry-fishery export turnover surpasses US$40 billion
In the first eight months, total export turnover of agro-forestry-fishery sector was estimated at US$40.08 billion, representing a year-on-year increase of 18.6 percent, according to the Ministry of Agriculture and Rural Development (MARD).
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The sector gained a trade surplus of US$11.8 billion.
In August, total export turnover from the sector was forecast to hit US$5.55 billion, up 12.3 percent against the same period last year.
Specifically, agricultural sector earned US$2.99 billion (up 22.6 percent); followed by forestry with US$1.45 billion (up 4.7 percent), aquaculture with US$900 million (up 5%).
The ministry reported that in the January-August period, agricultural sector pocketed US$21.32 billion, up 24 percent; forestry sector with US$10.97 billion (up 19.7 percent), aquaculture with US$6.23 billion (up 7.6 percent), and breeding with US$324 million (up 0.3 percent).
Export items with high growth rates included furniture and furniture products with US$10.24 billion, up 20.6 percent, coffee with US$4.03 billion, up 36.1 percent.
Rice export value increased by 21.7 percent year-on-year to US$3.85 billion with 6.16 million tons.
The U.S, China and Japan were the largest importers of Vietnamese agro-forestry-fishery products in which export turnover to the U.S. surged by 23.5 percent, China up 10.2 percent, Japan 4.6 percent.
Earlier, the Prime Minister challenged the agro-forestry-fishery sector to raise export value to US$54-55 billion this year./.
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