Rubber industry escapes excess supply, firms divided on profit outlooks

Rubber industry escapes excess supply, firms divided on profit outlooks

Analysts forecast bright prospects for the natural rubber industry this year, driven by increasing global demand which has helped the industry escape the prolonged excess supply, while firms were divided on their profit outlooks.
Vietnamese rice opens the door to ASEAN

Vietnamese rice opens the door to ASEAN

VCN - To increase rice export opportunities to ASEAN markets, enterprises need to review the import demand of each market in order to supply appropriately as well as pay attention to the brand identity of Vietnamese rice.
American business community very optimistic about US-Vietnam economic ties

American business community very optimistic about US-Vietnam economic ties

With Vietnam-US economic relations having grown steadily over time, the American business community is very optimistic and working very hard in Vietnam, according to Virginia B. Foote, President of the Board of the US International Centre.
Six more pangasius processing factories eligible to export to US

Six more pangasius processing factories eligible to export to US

The Food Safety and Inspection Services (FSIS) under the United States Department of Agriculture has recognised six more Vietnamese pangasius processing factories that are eligible to export products to the US, raising the number of establishments to 19, according to the Ministry of Agriculture and Rural Development’s National Agro-Forestry-Fisheries Quality Assurance Department (NAFIQAD).
Logistics businesses must manage to reduce costs

Logistics businesses must manage to reduce costs

VCN – Speaking with Customs News, Mr. Nguyen Tuong, Senior Advisor of the Vietnam Logistics Service Enterprises Association (VLA) said that thanks to the implementation of new generation of free trade agreements (FTAs), import-export firms will benefit most, thereby stimulating the development of the logistics industry.
Export prices are high, but businesses are worried about the lack of pangasius raw materials

Export prices are high, but businesses are worried about the lack of pangasius raw materials

VCN- Pangasius export prices have increased and orders are high, but businesses are worried about a lack of raw materials for export processing in the coming months.
Lowering logistics costs key to competitiveness

Lowering logistics costs key to competitiveness

Lowering logistics costs is key to increasing the competitiveness of Việt Nam’s export products and the whole economy.
Two additional firms permitted to export seafood to EAEU

Two additional firms permitted to export seafood to EAEU

They arenbsp;Hùng Cánbsp;Co and Vĩnh Hoàn Joint Stock Company - the country's two leading tra fish exporters,nbsp;tienphong.vn citednbsp;thenbsp;Nationalnbsp;Agro-Forestry-Fisheries Quality Assurance Department as saying.nbsp;
Vietnam-US trade: Increasing nearly 250 times after 26 years

Vietnam-US trade: Increasing nearly 250 times after 26 years

Trade activities between Vietnam and the United States have grown significantly, which is a bright spot in the cooperation relationship between the two countries.
Profits of many businesses reduce because of increasing costs

Profits of many businesses reduce because of increasing costs

VCN - Despite positive growth in revenue thanks to the recovery of consumption markets after difficulties caused by the pandemic, the surge in input costs has caused many businesses to fall into negative growth, even losses in the first quarter of 2022.
Efforts to solve the shortage of high-quality human resources: Part 3: Vietnam needs a better-skilled workforce to elevate its economic development

Efforts to solve the shortage of high-quality human resources: Part 3: Vietnam needs a better-skilled workforce to elevate its economic development

VCN - Vietnam will need a new growth model to escape the risk of falling into the low middle-income trap and to achieve the set targets. This also requires a modernized labour market. Customs News spoke with Ms. Valentina Barcucci, labour economist, Inter
Adapting to the

Adapting to the 'new normal', businesses 'getting better'

VCN - In the field of fertilizers, DAP - Vinachem JSC recorded a profit after tax of VND136.5 billion, 3.8 times higher than the same period last year.
Urgent warning for pork importers about fake websites

Urgent warning for pork importers about fake websites

VCN - The Vietnam Trade Office in the Netherlands has issued a warning to businesses importing pork and poultry products from the Netherlands about a fake website: https://lunenburgvleesbv.com/
Vietnam-Laos trade ties growing sustainably

Vietnam-Laos trade ties growing sustainably

Since the establishment of their bilateral diplomatic ties in 1962, Vietnam and Laos have promoted cooperation across spheres, with their trade exchange posting substantial growth, benefiting both countries.
Conferences help beef up Vietnam – India trade, investment, tourism ties

Conferences help beef up Vietnam – India trade, investment, tourism ties

The Vietnamese Embassy in India, in coordination with chambers of commerce and industry in West Bengal, has organised conferences to further promote trade, investment and tourism of India into Vietnam.
Tea exports to Taiwan: The proportion is overwhelming, and the value is not commensurate

Tea exports to Taiwan: The proportion is overwhelming, and the value is not commensurate

VCN- Therefore, quality assurances, as well as product diversification, are urgent requirements to consolidate and improve the export value of Vietnamese tea in Taiwan.
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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
Vietnamese rice prices on the hike

Vietnamese rice prices on the hike

The prices of Vietnamese paddy and rice continued to increase last week, according to the the Vietnam Food Association (VFA).
FDI flow into garment and textile sector bounces back

FDI flow into garment and textile sector bounces back

The flow of foreign direct investment (FDI) into the Vietnamese garment and textile sector has rebounded thanks to the country’s sound investment climate and abundant workforce as well as its open economy, according to insiders.
Investors play a key role in developing the industrial park system

Investors play a key role in developing the industrial park system

VCN - Dr. Phan Huu Thang, Chairman of the Executive Committee of the Vietnam Industrial Park Finance Association, former Director of the Foreign Investment Department (Ministry of Planning and Investment), said that basically, developing an industrial par
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