Garment, footwear industries struggle during pandemic

Textile, garment and footwear industries are stillnbsp;facing many difficulties due the COVID-19 pandemic, and unable to recover production and businessnbsp;in the short term.
Minister suggests support for firms to invest in Cuba

Minister suggests support for firms to invest in Cuba

Minister of Industry and Trade Nguyen Hong Dien has committed close collaboration with the Cuban Embassy in Vietnam to effectively carry out bilateral cooperation activities, contributing to deepening Vietnam – Cuba economic and trade ties.
Vietnam becomes largest tuna exporter of Israel

Vietnam becomes largest tuna exporter of Israel

The export value of Vietnamese tuna exports to the Israeli market by mid-August jumped by 34 percent to nearly 25 million USD compared to the same period last year, or accounted for 5.6 percent of the total tuna export value, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Enterprises plan to prepare for production recovery

Enterprises plan to prepare for production recovery

VCN - The control of the Covid-19 pandemic in southern provinces is changing positively, meaning many businesses are preparing a safe production plan to recover as soon as possible.
Restoring production, connecting circulation to save farmers and businesses

Restoring production, connecting circulation to save farmers and businesses

VCN- According to information provided by localities, there is still a large amount of agricultural products waiting to be harvested or facing difficulties in output.
Speeding up shrimp exports to the EU

Speeding up shrimp exports to the EU

VCN- According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the EU is Vietnam's third largest shrimp import market (after the US and Japan), accounting for 14.6% of Vietnam's total shrimp export value.
Vietnam-Cuba trade has ample room for growth

Vietnam-Cuba trade has ample room for growth

Vietnam and Cuba see ample room for trade growth as two-way trade is valued at just about 200 million USD annually.
Tetra Pak expands investment in Vietnam

Tetra Pak expands investment in Vietnam

Tetra Pak has announced an additional investment of five million EUR in its 120 million euro packaging material factory in Binh Duong province.
Businesses are "exhausted" before the post social distancing "race"

Businesses are "exhausted" before the post social distancing "race"

VCN - Businesses have never faced such difficulties as now, especially small and medium-sized enterprises are "exhausted" during the time when HCM City and some provinces and cities have implemented social distancing for months.
Vietnam, China work to facilitate bilateral trade

Vietnam, China work to facilitate bilateral trade

The Vietnamese Ministry of Industry and Trade and the Chinese Ministry of Commerce have signed memorandum of understanding (MoU) on the establishment of a Working Group on Vietnam-China Trade Facilitation and the bilateral cooperation plan in the 2021-2025 period.
Seminar promotes Vietnam – France trade cooperation

Seminar promotes Vietnam – France trade cooperation

A seminar on the European Union (EU) – Vietnam Free Trade Agreement (EVFTA) took place in Mâcon city of France’s Saône-et-Loire province on September 16, attracting the participation of representatives of nearly 50 local enterprises.
Business associations petition PM for “spot-based” COVID-19 fight strategy

Business associations petition PM for “spot-based” COVID-19 fight strategy

Fourteen business associations from multiple key industries have co-signed a petition sent to Prime Minister Pham Minh Chinh and other governmental leaders proposing a “spot-based” strategy for COVID-19 fight so as to facilitate the safe resumption of production and business in the “new normal.”
Businesses look forward to the day HCM City relaxes social distancing

Businesses look forward to the day HCM City relaxes social distancing

VCN - According to many businesses in HCM City, they are waiting for the official document of the People's Committee of HCM City on easing the social distancing after September 15 to resume operations and gradually recover manufacturing.
Many Vietnamese seafood exporters are not subject to US anti-dumping tariffs

Many Vietnamese seafood exporters are not subject to US anti-dumping tariffs

The US Department of Commerce (DOC) has announced the preliminary results of the 17th period of review (POR17) for the period from August 1, 2019 to July 31, 2020, regarding Vietnam’s tra and basa fish (pangasius) exported to the US.
Cement exports up, domestic consumption down

Cement exports up, domestic consumption down

The estimated sale of Vietnamese cement products reached 70.7 million tonnes in the first eight months of 2021, up 4 percent year-on-year, in which, domestic consumption was about 43.54 million tonnes, down 5 percent, and export volume was 27.23 million t
Foreign investors maintain confidence in Vietnam’s economy

Foreign investors maintain confidence in Vietnam’s economy

Vietnam attracted 14 billion USD in foreign direct investment (FDI) in the first eight months of this year, only 2 percent lower than the same period last year, showing foreign investors’ confidence in Vietnam’s economic scenario in mid-and long terms.
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Vietnam has a trade deficit of over US$17 billion with China

Vietnam has a trade deficit of over US$17 billion with China

VCN - According to the latest statistics of the General Department of Customs, the import-export turnover between Vietnam and China in March reached US$ 16.32 billion, including Vietnam's exports achieved US$5.15 billion, imports reached US$11.17 billion.
Tra fish export to UAE jumps 67% in Q1

Tra fish export to UAE jumps 67% in Q1

Vietnam’s tra fish export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year, statistics of the General Department of Customs showed.
Pepper prices continue increase trend

Pepper prices continue increase trend

Pepper prices are forecast to soon exceed 100,000 VND per kilo on the domestic market.
More efforts needed to maintain export growth to China: Insiders

More efforts needed to maintain export growth to China: Insiders

Exporters should further strengthen trade connections and improve the quality of their goods to sustain export growth to China as this is no longer a "lenient" market, said insiders.
It is expected that there are higher orders and revenue in the second quarter from European businesses

It is expected that there are higher orders and revenue in the second quarter from European businesses

VCN - The Business Confidence Index (BCI) according to a survey by the European Business Association in Vietnam (EuroCham) reached 52.8 in the first quarter of 2024 - the highest level since 2022, showing increasing confidence in Vietnam's European busine
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