Import-Export

Vietnam earned nearly 336.25 billion USD from exports in 2021, up 19 percent from the previous year, the Ministry of Industry and Trade (MoIT) reported on January 9.

The Ministry of Industry and Trade (MoIT) has said this year it will closely coordinate with several foreign multinationals like Samsung and Toyota to connect with local suppliers of materials and accessories, in an effort to seek alternative supply for imports in both short and long terms.

This is the opinion of Mr. Neil MacGregor, General Director of Savills Vietnam, in an interview with the press about the prospects and trends of the real estate market in 2022.

Vietnam needs to build linkages and investment plans in developing production and consumption of organic products, experts say.

Two-way trade between Vietnam and Laos is estimated at 1.3 billion USD in 2021, a year-on-year rise of 30.3 percent, according to Deputy Minister of Industry and Trade Tran Quoc Phuong.

VCN - Given inflation in 2022, Ms. Nguyen Thu Oanh, Director of the Price Statistics Department (General Statistics Office) said, entering 2022, inflation pressure is very great.

As vegetarians make up a large proportion of Indian population and people in the country consume imported dragon fruit at weddings, it is a huge potential market for Vietnam’s dragon fruit, according to trade counsellor Bui Trung Thuong.

A gateway to the southern key economic region, the coastal province of Ba Ria–Vung Tau is increasingly attractive to investors.

VCN - As a key export product of Vietnam's seafood sector, pangasius exports in the past two years have suffered many obstacles. Businesses expected that in 2022 there would be opportunities for pangasius exports to increase.

A ceremony was held in Long Khanh Industrial Zone in southern Dong Nai province on January 5 for exporting the first batch of processed fruits to Europe, the Republic of Korea (RoK), Japan, Russia and the Middle East.