Source: Institute of Policy and Strategy for Rural Development (IPSARD)
Vietnam’s main agro-forestry-fishery (AFF) exports to China in the first 11 months of 2022 reached US$9.43 billion, up 11.21% over the same period in 2021; AFF import turnover from China reached 3.50 billion USD, up 22.62%. In November 2022 alone, the main AFF export turnover reached US$985.05 million, down 0.9% from the previous month and up 8.1% over the same period in 2021.
The main export items of Vietnam to China in November 2022 are rubber (accounting for 28.1%), vegetables and fruits (accounting for 16.8%), wood and wood products (20,916.7%). %), aquatic products (12.9%), cassava and cassava products (11.6%), cashew nuts (5.4%), animal feed and raw materials (3.9%) ), rice (2.6%), coffee (1.6%), etc. Compared to October 2022, exports of a number of agro-forestry products increased sharply: rattan, bamboo, sedge and carpet products (up 32.5%), coffee (up 30.3%), cassava and products from cassava (up 27.9%), animal feed and raw materials (up 21.7%), rubber (up 14.3%), vegetables (up 9.2%), etc; Products with reduced export value are: rice (down 59.2%), wood and wood products (down 20.0%), tea (down 16.0%), seafood (down 9.8%) ). Over the same period, a number of items with an increase in export turnover are: tea (up 323.2%), vegetables and fruits (up 32.6%), coffee (up 32.0%), wood and products wood (up 24.0%), animal feed and raw materials (up 15.1%), fishery (up 5.6%), rubber (up 3.6%); while some items with a decrease in export turnover are: rice (down 26.0%), rattan, bamboo, sedge and carpet products (down 16.3%), cashew nuts (down 11.8%). , cassava and cassava products (down 5.3%), etc.
According to the Management Board of the Dong Dang – Lang Son border gate economic zone, as of 20:00 on January 6, 2023, the total number of vehicles carrying export goods remaining in the province is 261 vehicles, of which 170 are fruit trucks. fruit carts and 91 other goods trucks. Specifically: (i) at Huu Nghi international border gate, there are still 36 vehicles (06 at the transshipment area and 30 at Huu Nghi border gate), including 19 fruit trucks and 17 other goods trucks; (ii) at Tan Thanh sub-border gate, there are still 161 vehicles (128 vehicles at Bao Nguyen yard, 33 vehicles in the non-tariff zone), including 151 fruit trucks (143 refrigerated container trucks, 08 hot trucks); (iii) at Chi Ma main border gate, there are still 64 vehicles (lotus seeds, tapioca starch, pepper, cashew nuts, tea etc); (iv) there are no vehicles left at Coc Nam border gate.
The biggest goal for 2023 China set at the Central Economic Work Conference at the end of 2022 is to bring the economy back to normal growth within a reasonable range. Through financial instruments, since the end of 2022, China has invested US$106 billion in 2,700 projects to support the economy, contributing to the growth momentum of 2023. The biggest target in 2023 China set out at the Central Economic Work Conference at the end of 2022 is to bring the economy back to normal growth within a reasonable range. Through financial tools, since the end of 2022, China has invested US$106 billion in 2,700 projects to support the economy, contributing to the growth momentum of 2023.
According to the IMF’s Director General, the world economy in 2023 will face many difficulties because the major economies of the US, Europe and China are all in the deceleration phase. According to the head of the IMF, for the first time in 40 years, China’s growth rate in 2022 will likely be equal to or lower than the global growth rate. In addition, the expected outbreak of COVID-19 cases in the country in the coming months is likely to have a greater impact on the Chinese economy this year and slow the growth rate of the region. as the world slows down.
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