General

According to the Huacheng Import and Export Data Observation Report, Nguyen Hung Yen, Minister of Vietnam's Ministry of Industry and Trade, said that in the first nine months of 2022, Vietnam's total import and export volume had reached 558 billion dollars, with a trade surplus of 6.5 billion dollars.

Among them, although the import and export data of October has not been released, he reported that the total import and export volume has reached 620 billion US dollars, of which the export volume is 313 billion US dollars, the import volume is 306.1 billion US dollars, and the trade surplus is 8 billion US dollars. Minister Nguyen Hung yan said: "The total import and export volume of the year is expected to exceed 800 billion US dollars, and the trade surplus will break the 10 billion US dollars mark. This is a very remarkable achievement of Vietnam's import and export activities.".

Export enterprises are full of orders

In a factory full of new fabric fragrance of Beijiang LGG Garment Company, the working atmosphere is very active these days. More than 2000 workers enthusiastically fulfilled the orders waiting for export to the European market. The machine boomed, and the workers of the clothing group rushed to work. The factory gate is wide, and there is no epidemic prevention railing and barbed wire like that of more than a year ago. Huacheng Import and Export Data Observation Report.

Ruan Wenxing, Executive Director of Beijiang LGG Clothing Company, said that after opening up the economy, Beijiang Province actively relaxed social distance activities, but still ensured epidemic prevention and control; Create favorable conditions for workers' work, and no longer maintain the "three on the spot" mode as before.

Therefore, the company must strive for every second and every minute to keep up with the orders for export to European partners. In this way, productivity is improved and everyone's income is also increased. Mr. Ruan Wenxing said that at present, the average income of LGG per employee is 9 million dong/month. He said that up to now, the company has been full of orders and its revenue has exceeded the set target.

After a period of deceleration in August, timber exports rebounded. He Junying, manager of Caiying Wood Market Import and Export Investment Co., Ltd., said that since the beginning of the year, the company has encountered many difficulties in timber export, especially in June and July. However, since the beginning of August, the Company has begun to receive a large number of orders from European and American markets. With these orders, from now to the end of the year, our company must expand production to keep up with the progress.

The import and export data show that the export volume of wood and wood products in August 2022 will reach 1.35 billion US dollars, an increase of 65% over August 2021. In the first eight months of 2022, the export volume of wood and wood products is expected to reach US $11.07 billion, an increase of 6.2% over the same period of 2021. Compared with the previous two months, this is an impressive figure. Because the export volume of timber industry in June and July showed a slowdown trend.

At present, one of the highlights of the wood industry is the export of sawdust particles (an increase of nearly 200% in the first eight months of this year compared with the same period in 2021). The reason is that the markets in Europe, Japan and some Asian countries are looking for raw materials to replace natural gas. According to the assessment, in the remaining months, if the enterprise maintains its performance, the timber export volume in 2022 can reach the target of 16.4 billion dollars.

To share the same joy, Vietnamese rice has recently made its mark, because it is the first "special lunch" in the Japanese cabinet office to use Vietnamese ST25 rice fried rice. At the same time, in Europe, the "Vietnamese rice" brand has been put on the shelves in 4000 supermarkets in France.

Ruan Taiping, general manager of Zhong'an High tech Agriculture Co., Ltd., said that Vietnam's high-quality rice is very popular in the European market. His company received many large orders, but the supply was not enough, so it had to refuse some orders.

Ruan Taiping said: "The price of rice exported to the European market is very high, between 700-1250 dollars/ton. We export about 30 containers of rice to the market every month.". Zhong'an is making efforts to prepare for export orders at the end of the year.

Large production capacity and timely opening

Turning to the import and export achievements in the nine months of 2022, Ruan Hongyan, Minister of Industry and Trade, said that 2021 will be a year greatly affected by the Covid-19 epidemic, and Vietnam's import and export volume will reach 668 billion US dollars for the first time, becoming one of the 20 countries with the largest international trade scale in the world.

Minister Nguyen Hung Yen said, "This shows how large Vietnam's production capacity is. We also make use of the scarcity of commodities and the world market to develop." Vietnamese industry and trade leaders also "reported good news". In the first nine months of 2022, Vietnam's total imports and exports reached 558 billion dollars, and its trade surplus reached 6.5 billion dollars. He said: "The data for October has not yet been released, but I reported that it has reached 620 billion US dollars, including 313 billion US dollars in exports, 306.1 billion US dollars in imports and nearly 8 billion US dollars in trade surplus. The total import and export volume of the year is expected to exceed 800 billion US dollars, and the trade surplus will break the 10 billion US dollar mark. This is a very remarkable achievement of Vietnam's import and export activities.".

Minister Nguyen Hung yan said that in 2022, there will be 32 commodity categories with import and export volume of more than 1 billion US dollars in Vietnam, which is much higher than that in previous years. All commodities focus on making full use of the advantages of the Free Trade Agreement (FTA) we have signed, such as textile and clothing increased by 24%, leather shoes increased by 36%; At the same time, high prices are also used to promote the export of chemicals, fertilizers and other commodities.

Minister Nguyen Hung yan said: "The world is struggling not only because of the epidemic, but also because of many supply interruptions. But for Vietnam, all goods, services and production raw materials are provided in a timely manner, and everything is stable". He also revealed that the added value of the industrial industry reached 9.63%, higher than the growth rate of the same period last year.

When analyzing the reasons for the above achievements, Minister Ruan Hongyan said that in 2022, we will control the Covid-19 epidemic. Vietnam is a country that received vaccine late, but the vaccine coverage rate is very fast, and the average coverage rate of the third dose of vaccine in March is about 60%.

While controlling the epidemic, we decided to open the economy in due course. In the case of interruption of the world supply system and shortage of goods, we also have a system of foreign-funded enterprises with very good production and export capacity. He said: "Vietnam opened its economy at the right time, promoted economic development and found a market." Huacheng Import and Export Data Watch reported.