Anticipated Improvement in Exports to the United States (23/02/2024)
In 2023, there was an 11.6% decline in exports to the United States compared to the corresponding period in 2022. Despite this setback, the United States maintains its status as Vietnam’s largest export market. As we step into 2024, various Vietnamese export sectors are optimistic and anticipate more positive signals from this substantial market.

VinFast to break ground for its integrated electric vehicle facility in India (22/02/2024)
Vietnam’s VinFast Auto has announced that it will break ground at its integrated electric vehicle (EV) manufacturing site in Thoothukudi City, Tamil Nadu on February 25.

Cassava exports see record growth rate in January (22/02/2024)
Cassava recorded the strongest export growth rate in January, as Vietnam shipped 76,118 tonnes abroad, earning 19.9 million USD, up 369.6% month-on-month in volume and 340.8% in value, according to the General Department of Vietnam Customs.

Vietnam’s aquatic product exports expected to recover in 2024 (22/02/2024)
Vietnam’s aquatic product exports in January surged 60.8% year-on-year to 730 million USD, making a positive signal for the year, according to the Ministry of Industry and Trade’s Agency of Foreign Trade.

Export recovery gains momentum (22/02/2024)
Vietnam’s exports are showing signs of recovery, driven by computer, electronics and smartphones, according to investment fund VinaCapital.

Vietnam seeks stronger cooperation with French city in different fields (22/02/2024)
Vietnamese Ambassador to France Dinh Toan Thang visited Grenoble city from February 17-20 as part of activities to enhance cooperation and friendship between Vietnam and French localities.

Vietnam’s aviation market to be on full recovery by year end (22/02/2024)
The Vietnamese aviation market is set to fully recover by the end of this year since the Asia-Pacific market warms up, according to the Civil Aviation Authority of Vietnam (CAAV).

Experts optimistic about Vietnam’s economic outlook in 2024: British journal (22/02/2024)
The UK’s magazine The Banker has run an article highlighting optimistic opinions of experts on Vietnam’s economic outlook in 2024.

New resolution opens opportunities for logistics sector (22/02/2024)
At the beginning of 2023, Vietnam set its sights on becoming a high-income developed country, and the past year has demonstrated Ho Chi Minh City’s efforts to overcome challenges and reclaim its position as a regional economic powerhouse. Kiet Le, research lead, Manufacturing Group at Dezan Shira & Associates, shares his views on how the city can utilise its initiatives to make future breakthroughs.

Experts upbeat about real estate prospects (21/02/2024)
Experts from top real estate consulting companies in Việt Nam have expressed optimism about development prospects of the real estate market, particularly regarding the office and industrial segments.

Vietnamese construction firm wins bid for five projects in Kenya (21/02/2024)
The Hoa Binh Construction Group announced on February 19 that it has won bidding packages to develop five social housing projects worth 72 million USD in Kenya.

Land zoned for social housing expands to over 8,390ha: ministry (21/02/2024)
The land area zoned for social housing development has increased by 5,031ha from the 3,359ha reported in 2020, said the Ministry of Construction (MoC).

Vietnam Stock Exchange’s revenue down nearly 44% in 2023 (21/02/2024)
The Vietnam Stock Exchange (VNX) reported revenue of over 1.92 trillion VND (78.26 million USD) in 2023, down nearly 44% compared to the previous year.

How to grasp opportunities and challenges from major export markets (21/02/2024)
The EU and the United States will remain Vietnam’s major export markets in the year ahead, with plenty of opportunities to increase key export products again amid many challenges in which local businesses need to outline proper orientations aimed at dealing with future issues, according to forecasts made by the Ministry of Industry and Trade (MoIT).

Phone and component exports surge during Tet (21/02/2024)
Phone and components recorded the largest export value of US$282.8 million during the first days of Lunar New Year, known locally as Tet, according to statistics compiled by the General Department of Vietnam Customs.

Canadian enterprises learn about Vietnamese market (21/02/2024)
The Export Development Canada (EDC) recently coordinated with the Vietnamese Trade Office in the country to organise a seminar to update Việt Nam’s economic situation and evaluate its performance in the global supply chain.

Export-import turnover reaches 1.41 billion USD during Tet (21/02/2024)
Vietnam’s export-import turnover reached 1.41 billion USD during the Lunar New Year (Tet) holiday which lasted from February 8 - 14, according to the General Department of Vietnam Customs.

Farm exports expect breakthrough (20/02/2024)
Vietnam’s export of agricultural products recorded impressive growth in the first month of 2024 and is expected to see a breakthrough in the whole year.

Longan exports took in $14 million in 2023 (20/02/2024)
Vietnam earned more than $14 million from longan exports last year, an increase of nearly 2.5 times compared to 2022, according to General Department of Vietnam Customs.

Rice sector works on 5 billion USD export target (20/02/2024)
Vietnam’s rice exports are expected to continue their upward trajectory this year, toward a milestone of 5 billion USD in turnover.