Import-Export

Vietnam is an attractive choice for businesses who are looking for outsource solutions, given its affordable workforce, highly skilled human resources and the constantly developing infrastructure of information technology and the telecommunications industry, said real estate consultancy firm Knight Frank in its report Asia-Pacific Horizon: Harnessing the Potential of Offshoring.

More than 15 trillion VND (597 million USD) has been disbursed under a credit scheme to support Vietnamese agroforestry and aquatic sectors since July last year, heard participants at a recent conference to discuss measures on maintaining Vietnam's key agricultural exports.

Enterprises' production and export orders have gradually returned, leading to many recovery prospects.

VCN - In Vietnam, the contribution ratio of state-owned enterprises (SOEs) to GDP is approximately 30% but their competitiveness is not commensurate with the resources they hold, and many SOEs operate ineffectively.

The Vietnamese garment and textile sector is carrying out various measures to bolster production and business activities amidst formidable challenges posed by falling demand, high inventory, and geopolitical instability in several countries, according to insiders.

Since the start of the year, Vietnam’s exports have welcomed positive signals as orders from several key sectors have noticeably rebounded.

Mr. Nguyen Lam Vien shared with Customs News many interesting information and advice for businesses to achieve success in this potential billion-people market.

China, the US and Japan were the three largest importers of Vietnam’s fishery products in the first quarter of this year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Vietnam's agricultural products were sold well in foreign markets in Q1, with a surge in both volume and prices documented.

From 2012 until now, trade turnover between the two countries has grown by 10-15%/year, but it has only reached US$1.65 billion