Medical face mask exports enjoy sharp recovery

Source: VOV

20:01 | 12/10/2020 Import-Export Follow english.haiquanonline.com.vn on

Vietnam shipped 989 million medical face masks of various types abroad during the opening nine months of the year, according to statistics compiled by the General Department of Vietnam Customs.

Most notably, September alone witnessed over 70 major local firms ship medical face masks oversea, with total export volume of the items reaching approximately 143 million units, representing a slight increase of 5.5% compared to August.

After the export of the items suffered a decline from their peak of 236 million in June to 154 million and 135 million in July and August, respectively, exports to several major countries have started to enjoy a recovery.

Indeed, exports to markets that have begun to bring the novel coronavirus (COVID-19) epidemic under control look to be picking up once again.

Several domestic enterprises have therefore accelerated their export of face masks since the enforcement of Government resolution No. 60 that permits firms to export an unlimited quantity of face masks.

Furthermore, other companies have shifted their investments to focus on machinery and equipment, or to increase their export of face masks, serving to create a "fever" to produce the product.

Moreover, a number of businesses believe that the market has become gradually saturated, with demand for the product now lower than previously due to supply sources significantly rising.

Source: VOV

vov.vn

Tags:

Related News

Fisheries exports estimated at 1.85 billion USD in Q1

14:45 | 04/04/2023 Import-Export

Fisheries export value was estimated at 1.85 billion USD in the first quarter (Q1) of this year, a fall of 27% compared to the same period last year due to lower consumption and import demand under the impacts of inflation and economic recession, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Exports face many difficulties

13:29 | 04/04/2023 Import-Export

VCN - In the first months of 2023, the absence of export orders plus the downward trend in commodity prices have slowed down trade activities.

Dong Nai Customs: understand the business situation to develop effective support solutions

13:27 | 04/04/2023 Customs

VCN – Administrative reform and business support have been effectively promoted by Dong Nai Customs Department when businesses in the province are facing many difficulties and a sharp decline in imports and exports.

State-owned enterprises expand production and export

14:41 | 28/03/2023 Import-Export

VCN- Thanks to positive signals from the world market and strengths in brands and resources, many large state-owned enterprises have been planning to expand trade and export activities.

Latest News

Saigontex 2023 attracts over 1,300 domestic, foreign businesses

14:01 | 06/04/2023 Import-Export

More than 1,300 businesses from 21 countries and territories are participating in the Vietnam Textile & Garment Industry Expo (Saigontex) 2023, the leading exhibition of the industry in Southeast Asia, which opened in Ho Chi Minh City on April 5.

Mong Cai international border gate sees strong recovery

16:15 | 05/04/2023 Import-Export

The Mong Cai international border gate in the northern province of Quang Ninh has become vibrant as before the pandemic, showing a positive sign in the economic recovery of Mong Cai city in particular and Quang Ninh province in general.

Vietnam a potential market for French businesses, investors: experts

16:12 | 05/04/2023 Import-Export

French businesses should innovate their approach, enhance their understanding of culture and language, and make changes to adapt to Vietnam's transitioning economy in order to expand their market share and boost investment in the Southeast Asian nation, said Dr. Jean-Philippe Eglinger, the founder of the Viet Phap Strategies.

Import and export turnover across Cao Bang prospers but still exists difficulties

10:25 | 05/04/2023 Import-Export

VCN – After China resumes trade, Cao Bang province's import and export activities see remarkable prosperity.

More News

Cashew industry strives to "get on the shelves of world supermarkets"

10:24 | 05/04/2023 Import-Export

VCN - Although holding the number one position in the world in exporting cashew kernels for many years, the position of Vietnam's cashew industry in the world cashew value chain is very small because it mainly exports kernels with preliminary treatment.

HCM City’s industrial production index down 0.9% in Q1

14:47 | 04/04/2023 Import-Export

Ho Chi Minh City’s Index of Industrial Production (IIP) in the first quarter of 2023 declined by 0.9% compared to the same period last year, the municipal Department of Industry and Trade reported at a press conference on April 3.

Quang Ninh aims to attract quality FDI inflows

14:43 | 04/04/2023 Import-Export

The northern coastal province of Quang Ninh has strengthened measures to attract quality foreign direct investment (FDI) inflows, especially from big names in the processing-manufacturing industry.

Manufacturing enterprises increase their competitiveness thanks to digital transformation

13:28 | 04/04/2023 Import-Export

VCN - Overcoming difficulties in 2023 requires manufacturing enterprises to self-improve and innovate. Digital technology is one of the effective solutions to help manufacturing businesses grow and compete.

32nd Việt Nam Expo promises to boost business linkages

14:19 | 03/04/2023 Import-Export

The 32nd Việt Nam International Exhibition (Vietnam Expo) will take place in Hà Nội from April 5-8 with the participation of more than 500 domestic and foreign enterprieses, the event’s organisers have announced.

Prevention of price risks before news that Indonesia increases rice imports in reserve

09:52 | 03/04/2023 Import-Export

VCN - In response to demand signals from key markets such as Indonesia and the Philippines, the Import-Export Department (Ministry of Industry and Trade) suggested that rice exporters actively monitor the market situation and fully assess the opportunities as well as risks to build a trading plan.

Japanese investors highly appreciate Vietnamese property market

17:41 | 02/04/2023 Import-Export

Representatives from around 180 Japanese businesses and investors on April 1 attended a Tokyo workshop on Vietnamese real estate, during which many of them highly appreciated the potential of Vietnam’s property market.

Seafood enterprises propose to remove obstacles from exporting to the EU

10:34 | 02/04/2023 Import-Export

VCN - Seafood enterprises are facing inadequacies in applying for material certification (S/C) and food safety certificates (H/C), which affects the production and export of seafood to the EU.

Need to effectively use tools to prevent exchange rate risks in import and export field

10:32 | 02/04/2023 Import-Export

VCN - The exchange rate pressure in 2023 is expected to be weaker than last year, especially in the context of tightening monetary policies reaching the final phase. However, fluctuations in the economy and financial markets are still very unpredictable, and exchange rate developments may affect import and export activities.

Your care

The system has not recorded your reading habits.

Please Login/Register so that the system can provide articles according to your reading needs.

Latest Most read