2024 remains challenging for wood sector: experts (03/01/2024)
The year 2024 is forecast to remain a challenging year for wood industry, given several issues affecting the sustainability of production and export, according to experts.
The year 2024 is forecast to remain a challenging year for wood industry, given several issues affecting the sustainability of production and export, according to experts.
FDI firms power Vietnam’s exports (03/01/2024)
Foreign firms contributed 259.95 billion USD or 73.1% of Vietnam’s total export revenue in 2023, statistics show.
Foreign firms contributed 259.95 billion USD or 73.1% of Vietnam’s total export revenue in 2023, statistics show.
Vietnam targets 2 billion USD in tra fish exports in 2024 (03/01/2024)
Vietnam aims to produce 1.7 million tonnes of commercial tra fish and earn 2 billion USD from exporting the products in 2024, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
Vietnam aims to produce 1.7 million tonnes of commercial tra fish and earn 2 billion USD from exporting the products in 2024, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
Vietnam targets agricultural exports of $26B by 2030 (03/01/2024)
Vietnam targets exports of agricultural produce such as fruits, rice, cashew, and timber worth over US$26 billion a year by 2030.
Vietnam targets exports of agricultural produce such as fruits, rice, cashew, and timber worth over US$26 billion a year by 2030.
Bottlenecks block rice value chain (02/01/2024)
Experts have pointed out 10 problems that are hindering the development of the rice value chain, though Vietnam has great advantages for production.
Experts have pointed out 10 problems that are hindering the development of the rice value chain, though Vietnam has great advantages for production.
Durian plays vital role on country’s total export turnover in 2023 (02/01/2024)
With a total export turnover of up to US$2.2 billion, Vietnam’s durian export boomed in 2023, bringing a good harvest season for durian farmers and exporters.
With a total export turnover of up to US$2.2 billion, Vietnam’s durian export boomed in 2023, bringing a good harvest season for durian farmers and exporters.
Vietnam’s import-export turnover falls short of 700-billion-USD mark (02/01/2024)
Vietnam’s good imports and exports in 2023 have fallen short of the 700-billion-USD mark achieved in the previous year, estimating at 683 billion USD, down 6.6% year on year.
Vietnam’s good imports and exports in 2023 have fallen short of the 700-billion-USD mark achieved in the previous year, estimating at 683 billion USD, down 6.6% year on year.
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.
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