Leather and footwear industry targets US$27 billion in 2023 exports

Leather and footwear industry targets US$27 billion in 2023 exports

The leather and footwear industry is striving to reach US$27 billion in export turnover in 2023, an increase of about 10% compared to one year earlier amid shrinking major markets and falling demand.
Vietnamese businesses could join global supply chains with sound strategies: experts

Vietnamese businesses could join global supply chains with sound strategies: experts

A survey conducted by the association showed 63% of Japanese enterprises said they would continue investing in operation expansion in the next 1-2 years, reflecting that investors have great expectations for Vietnam's economic growth.
In 2023, pangasius exports grow in difficulties

In 2023, pangasius exports grow in difficulties

VCN - Pangasius is one of the two main export products of Vietnam which has conquered more than 140 markets around the world and is forecasted to have great growth potential in the current difficult export context.
Solutions to overcome credit space limitations, inadequacies of capital market

Solutions to overcome credit space limitations, inadequacies of capital market

VCN - Deputy Governor of the State Bank of Vietnam (SBV) Pham Thanh Ha said to ensure finance for economic development, it is necessary to develop a safe and sustainable capital market.
Almost 3,000 tonnes of farm produce exported to China via Lạng Sơn

Almost 3,000 tonnes of farm produce exported to China via Lạng Sơn's border gates

This year, the customs clearance of agricultural products at Lạng Sơn’s border gates began earlier than in previous years, showing that China’s demand for those products is increasing after the COVID-19 pandemic period.
Vietnam - important partner of RoK: Korean broadcaster

Vietnam - important partner of RoK: Korean broadcaster

Vietnam is an important partner of the Republic of Korea (RoK), with more than 200,000 Koreans living in the Southeast Asian country from which a large amount of trade surplus was generated in 2022, Korean broadcaster KBS underlined in an article published on January 24.
Seafood exports surge

Seafood exports surge

VCN - "On the world seafood export map, Vietnam is currently the third largest exporter, accounting for over 7% market share in the world market, following China and Norway," Deputy Minister Phung Duc Tien said.
Da Nang to build duty-free zone

Da Nang to build duty-free zone

The People’s Committee of Da Nang city has submitted a plan for a duty-free zone.
Developing mechanical industry top priority for Vietnam

Developing mechanical industry top priority for Vietnam

Developing the country's mechanical industry sector is a top priority for Vietnam in the coming decades, said industry insiders and experts.
EVFTA presents tremendous trade, investment advantages

EVFTA presents tremendous trade, investment advantages

Commitments outlined in the EU-Vietnam Free Trade Agreement (EVFTA) on both trade and investment are expected to contribute to attracting European businesses and investors to expand their activities in Vietnam, further promoting trade and investment cooperation.
Economic recovery strongly in 2022 - an important premise for 2023

Economic recovery strongly in 2022 - an important premise for 2023

VCN - Vietnam's economic growth in 2022 is superior to that of other countries in the region. Many international organizations continue to positively evaluate the achieved results and forecast optimistically about our country's economic growth rate in 202
The real estate market will gradually warm up and stabilize until the end of the year

The real estate market will gradually warm up and stabilize until the end of the year

Nguyen Van Dinh (Photo), Vice Chairman of the Vietnam Real Estate Association, commented on the real estate market in 2023.
Southeast Asian SMEs face cashflow problems: report

Southeast Asian SMEs face cashflow problems: report

Cash flow shortage is a common challenge faced by small- and medium-sized enterprises (SMEs) in Southeast Asia, with 58% of those from Singapore, Malaysia, Thailand and Indonesia reporting their existing cash flow sufficient to sustain their operations for six months, according to a YouBiz report.
Seaports nationwide busy through Tet break

Seaports nationwide busy through Tet break

Seaports nationwide are still working through Lunar New Year (Tet) break to ensure that import-export activities are not disrupted, according to the Vietnam Maritime Administration (VMA).
Maintaining the position of export surplus thanks to FTAs

Maintaining the position of export surplus thanks to FTAs

VCN - Despite many difficulties in export markets, Vietnam still maintains a trade surplus in many markets. This comes from the efforts of economic sectors and the business community in effectively exploiting the advantages of free trade agreements (FTAs)
AMRO revises Vietnam"s 2023 GDP upward despite regional slowdown

AMRO revises Vietnam"s 2023 GDP upward despite regional slowdown

Vietnam’s GDP growth in 2023 has been adjusted upward to 6.8% in the ASEAN+3 Macroeconomic Research Office (AMRO)’s January Update, up from 6.5% in its October report.
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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
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).
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