Vietnam’s agro-forestry-aquatic product exports reach 38.75 billion USD

Wednesday, 17/11/2021 17:04
The Ministry of Agriculture and Rural Development said that Vietnam’s agro-forestry-aquatic product exports reached 38.75 billion USD, an increase of 13.1 percent year-on-year in the first 10 months of 2021.

Photo for illustration (Source: danviet.vn)


Agricultural product shipments reached nearly 17.4 billion USD during the period, a year-on-year increase of 12.7 percent. Exports of forestry and animal husbandry products earned 12.8 billion USD and 379 million USD, up 22.3 percent and 6.1 percent, respectively.

Exports of aquatic products, meanwhile, declined 0.8 percent to 6.9 billion USD in the January-October period, reported the Vietnam News Agency.

The US remained Vietnam’s largest importer, buying over 10.8 billion USD worth of agro-forestry-aquatic products, accounting for 27.9 percent of the total.

A majority of the US’s imports from Vietnam (68.4 percent) were wood and timber products.

China came second, with 7.5 billion USD, representing a market share of 19.3 percent. China spent mostly on Vietnam’s vegetables and fruits.

Japan ranked third with 2.6 billion USD worth of products imported from Vietnam, accounting for 6.8 percent of the total.

Vietnamese Doctor honored by Australia

Dr. Nguyen Thuy Quynh, a Vietnamese senior lecturer at RMIT University in Australia, has just been voted by national daily newspaper The Australian as Australia's leading researcher on composite materials in 2021, with the researching theme of manufacturing fireproof materials to protect houses and other structures from being destroyed by forest fires.

Dr. Nguyen Thuy Quynh (Photo: VNA)

Within the framework of an independent research project, funded by the L'Oréal-UNESCO Foundation for Women in Science, Dr. Nguyen Thuy Quynh has successfully manufactured a fireproof material that can be used to cover the walls of houses, creating a protective outer shell as well as filling the gaps on the exterior of the house.

Not only having the effect of preventing fire and increasing the efficiency of insulation for houses, this coating is also sustainable for the environment, because it is made from industrial and construction waste.

It is expected that this new material will be available on the Australian market within about a year.

Dr. Nguyen Thuy Quynh said that Australia is greatly affected by climate change, with the frequency and severity of forest fires increasing, causing major threats to people's lives, environment and houses.

Although they are devastating, forest fires are often fast-moving and in most cases the structures the fire impacts only have to deal with the heat and flames for a short time.

This is the reason why she came up with the idea of manufacturing an additional coating on buildings that can help prolong the time of resistance until the fire has passed.

Dr. Nguyen Thuy Quynh added that in order to ensure fireproof safety for houses, it is important to consider the safety level of each type of material used and the suscepti     bility of the whole building to catch fire when different materials in different textures are combined.

Dr. Nguyen Thuy Quynh, 38, went to Australia as a PhD student in civil construction at the University of Melbourne in 2011, after she graduated from Hanoi University of Science and Technology.

Currently, Dr. Nguyen Thuy Quynh is the leader of a research group on fireproof materials and advanced construction systems at RMIT University.

Vietnam’s trade surplus in 10 months reaches 125 million USD

The General Department of Vietnam Customs said that Vietnam racked up a trade surplus of US$2.74 billion during October to bring its trade surplus during the opening 10 months of the year to US$125 million.

This comes following the country’s total import and export value of goods in October expanding by 2.4% to US$55 billion from the previous month.

Photo for illustration (Source: VOV)

Of the figure, export value surged by 6.8% to US$28.87 billion, while imports dropped by 2.0% to US$26.13 billion.

These represent positive signs for the national economy due to exports bouncing back and demand from the global market showing gradual recovery.

Photo for illustration (Source: moit.gov.vn)

In the reviewed period, the country’s total import and export value enjoyed a surge of 22.6% to US$539.42 billion against the same period from last year, of which exports and imports rose by 17.4% and 28.5% to reach US$269.77 billion and US$269.65 billion, respectively.

Photo for illustration (Source: congthuong.vn)

Furthermore, the foreign-invested sector grossed US$197.49 billion from exports throughout the reviewed period, an annual increase of 20.8%, while the sector's imports surged by 31% on-year to US$176.54 billion.

Vietnamese trade exchanges with Asia soared by 23.6% on-year to US$349.12 billion, thereby accounting for the highest proportion of 64.7% in terms of the nation’s total import-export value.

Moreover, the country’s trade turnover with the Americas, Europe, Oceania, and Africa also picked up by 23.1%, 12.9%, 44%, and 24.2%, respectively./.

Compiled by BTA

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