VN has great potential as emerging link in global supply chain (02/01/2024)
Amazon’s Vice President Eric Broussard said global retail e-commerce has opened up many opportunities and created a new movement for sellers from many countries, including Vietnam.
Amazon’s Vice President Eric Broussard said global retail e-commerce has opened up many opportunities and created a new movement for sellers from many countries, including Vietnam.
Mobile phones, electronic products rake in over US$100 bln in export turnover (29/12/2023)
Mobile phones and components, computers, electronic products and spare parts have become the two largest foreign currency earners, bringing in more than US$50 billion each as of mid-December, according to the General Department of Vietnam Customs.
Mobile phones and components, computers, electronic products and spare parts have become the two largest foreign currency earners, bringing in more than US$50 billion each as of mid-December, according to the General Department of Vietnam Customs.
Nearly 7,000 planting area codes granted for fresh fruit exports (29/12/2023)
The Plant Protection Department under the Ministry of Agriculture and Rural Development announced that to date it has coordinated with importing countries to issue 6,997 growing area codes and 1,613 packaging facility codes for export.
The Plant Protection Department under the Ministry of Agriculture and Rural Development announced that to date it has coordinated with importing countries to issue 6,997 growing area codes and 1,613 packaging facility codes for export.
Recommendations for food businesses when exporting to Singapore (29/12/2023)
The Ministry of Industry and Trade said that according to a press release from the Singapore Food Agency (SFA), the private company Viet-Sin Grocery, registered for business in Singapore since 2020, has been fined SGD$36,000 on the grounds of illegally operating two cold storage warehouses and illegally importing some meat and seafood products from Việt Nam.
The Ministry of Industry and Trade said that according to a press release from the Singapore Food Agency (SFA), the private company Viet-Sin Grocery, registered for business in Singapore since 2020, has been fined SGD$36,000 on the grounds of illegally operating two cold storage warehouses and illegally importing some meat and seafood products from Việt Nam.
Vietnamese durian exports reel in about 2.22 billion USD (29/12/2023)
Vietnam has shipped approximately 2.22 billion USD worth of durian products overseas in 2023, with increasing demand noticed in non-traditional markets.
Vietnam has shipped approximately 2.22 billion USD worth of durian products overseas in 2023, with increasing demand noticed in non-traditional markets.
Việt Nam reaches record trade surplus in 2023 (29/12/2023)
Việt Nam this year continued to achieve a trade surplus for the eighth consecutive year, being estimated at US$26 billion, three times higher than in 2022. This is a trade surplus record for many years.
Việt Nam this year continued to achieve a trade surplus for the eighth consecutive year, being estimated at US$26 billion, three times higher than in 2022. This is a trade surplus record for many years.
Vietnam’s catfish share shrinks amid stiff competition in global market (29/12/2023)
Vietnam dominates the global catfish market, ranking No 1 in both output and export volume. However, its market share has dropped because of the strong rise of rivals.
Vietnam dominates the global catfish market, ranking No 1 in both output and export volume. However, its market share has dropped because of the strong rise of rivals.
Vietnam’s rice prices climb to historic peak in 2023 (29/12/2023)
With estimated output of 43 million tons in 2023 and historic high export prices, Vietnamese farmers have made a high profit. Every $1,000 invested in each hectare of rice earned $3,000-3,500.
With estimated output of 43 million tons in 2023 and historic high export prices, Vietnamese farmers have made a high profit. Every $1,000 invested in each hectare of rice earned $3,000-3,500.
Agricultural products key part of Vietnam’s exports to Guangdong (28/12/2023)
Together with electronic devices, agricultural products like rice, coffee, tea, pepper, chilli, dragon fruit and processed food are Vietnam’s key export items to Guangdong, China, according to an official.
Together with electronic devices, agricultural products like rice, coffee, tea, pepper, chilli, dragon fruit and processed food are Vietnam’s key export items to Guangdong, China, according to an official.
Vietnam enjoys trade surplus of 125 billion USD with European, American markets (28/12/2023)
Vietnam’s total trade with European and American markets is estimated to decrease by 9.5% year-on-year to around 208 billion USD in 2023, but the country still enjoys a trade surplus of 125 billion USD.
Vietnam’s total trade with European and American markets is estimated to decrease by 9.5% year-on-year to around 208 billion USD in 2023, but the country still enjoys a trade surplus of 125 billion USD.
Vietnam enjoys trade surplus with European, American markets (28/12/2023)
Vietnam recorded an estimated export surplus of US$125 billion with Europe and the Americas despite a 9.5% fall in trade exchanges with the two markets this year, according to the Ministry of Industry and Trade.
Vietnam recorded an estimated export surplus of US$125 billion with Europe and the Americas despite a 9.5% fall in trade exchanges with the two markets this year, according to the Ministry of Industry and Trade.
Vietnamese brands gain more recognition in international markets (28/12/2023)
Building brands for products and enterprises in international markets will help raise the position of the national brand to a new level, especially when many free trade agreements (FTA) to which Vietnam is a signatory have come into force. Many businesses have sought to seize opportunities offered by these FTAs to enable Vietnamese products to compete with products of other rivals in the international marketplace, which is a long and bumpy road ahead.
Building brands for products and enterprises in international markets will help raise the position of the national brand to a new level, especially when many free trade agreements (FTA) to which Vietnam is a signatory have come into force. Many businesses have sought to seize opportunities offered by these FTAs to enable Vietnamese products to compete with products of other rivals in the international marketplace, which is a long and bumpy road ahead.
Modern goals crafted for diplomatic sector (27/12/2023)
With a view to boosting economic cooperation, including expansion of exports and attraction of more investment, diplomatic economic activities will continue to be amplified, according to the Ministry of Foreign Affairs.
With a view to boosting economic cooperation, including expansion of exports and attraction of more investment, diplomatic economic activities will continue to be amplified, according to the Ministry of Foreign Affairs.
ICAEW: Vietnam, a soft 2024, but a bright medium-term outlook (27/12/2023)
The latest Economic Insight report for Southeast Asia, commissioned by the Institute of Chartered Accountants in England and Wales and Oxford Economics, forecasted that Vietnam’s economy to grow by 4.7 per cent in 2023.
The latest Economic Insight report for Southeast Asia, commissioned by the Institute of Chartered Accountants in England and Wales and Oxford Economics, forecasted that Vietnam’s economy to grow by 4.7 per cent in 2023.
Vietnam’s textiles, garments yet to fully tap FTAs’ advantages and potential (27/12/2023)
Vietnam’s textile and garment industry has not been able to fully capitalise on the advantages and potential of FTAs, according to the Ministry of Industry and Trade (MoIT).
Vietnam’s textile and garment industry has not been able to fully capitalise on the advantages and potential of FTAs, according to the Ministry of Industry and Trade (MoIT).
Logistics chains crucial for boosting exports of agro-forestry-aquatic products (27/12/2023)
Establishing logistics chains that connect producers with traders is an immediate imperative to enhance the efficiency of agro-forestry-aquatic product exports, as emphasised during a roundtable discussion held in HCM City on Monday.
Establishing logistics chains that connect producers with traders is an immediate imperative to enhance the efficiency of agro-forestry-aquatic product exports, as emphasised during a roundtable discussion held in HCM City on Monday.
Continuous trade surplus helps stabilize exchange rates (26/12/2023)
This year the export of many products such as electronics, spare parts, garments and textiles, footwear, and wooden furniture all failed to achieve as expected.
This year the export of many products such as electronics, spare parts, garments and textiles, footwear, and wooden furniture all failed to achieve as expected.
Exports of surimi and fishmeal expected to hit $1bln (26/12/2023)
Vietnam’s exports of surimi (fish paste) and fishmeal have the potential to reach $1 billion a year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s exports of surimi (fish paste) and fishmeal have the potential to reach $1 billion a year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
HTCV exports vehicles to Peru and the Philippines (26/12/2023)
The Hyundai Solati and the Mighty N250 are to be among the first of many models, manufactured and assembled in Việt Nam, to be exported to global markets such as Peru and the Philippines.
The Hyundai Solati and the Mighty N250 are to be among the first of many models, manufactured and assembled in Việt Nam, to be exported to global markets such as Peru and the Philippines.
Vietnam among biggest exporters of Christmas decoration products to US (26/12/2023)
Vietnam is one of the countries that exports the most Christmas decoration products to the US. Among its export products to the US, candles used at Christmas achieved impressive export turnover.
Vietnam is one of the countries that exports the most Christmas decoration products to the US. Among its export products to the US, candles used at Christmas achieved impressive export turnover.
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