Vietnam suffers as China sets trade barriers on farm produceVietNamNet Bridge - Since Vietnam heavily relies on China, a major import/export market, it has encountered difficulties as China has tightened cross-border imports and set barriers to Vietnamese farm produce. Since Vietnam heavily relies on China, a major import/export market, it has encountered difficulties as China has tightened cross-border imports and set barriers to Vietnamese farm produce. Vietnam’s dragon fruit price has dropped dramatically to VND200 per kilo in the south, partly because China suddenly restricted the import. The pork price in Dong Nai province decreased by 23 percent as China has cut imports.Meanwhile, China remains the biggest consumer of Vietnam’s farm and forestry produce. Diversifying export markets is what Vietnamese businesses need to strive for.

Source: VietNamNet News August 24, 2016 06:56 UTC