Export of wood pellets under downward pressure

Export of wood pellets under downward pressure

Currently, the export price of wood pallets is decreasing, and the price of input materials has also decreased but is still at a high level
Increasing export volume thanks to cross-border e-commerce

Increasing export volume thanks to cross-border e-commerce

The project "Promoting Vietnamese enterprises to participate in foreign distribution networks by 2030 directly" has set a requirement to encourage Vietnamese enterprises to participate in global production, supply chain, especially cross-border e-commerce
Stabilizing exchange rate, reducing worries for import-export enterprises

Stabilizing exchange rate, reducing worries for import-export enterprises

VCN - Many banks have launched preferential credit packages for enterprises. In particular, many enterprises that need capital to pay for imports and exports are entitled to a preferential interest rate of only 7.5% per year.
Mong Cai int’l border gate facilitates Vietnam’s exports to China

Mong Cai int’l border gate facilitates Vietnam’s exports to China

The Mong Cai international border gate in the northern province of Quang Ninh is becoming a customs clearance gateway for agro-fisheries products between Vietnam and China.
Da Nang revives FDI inflow

Da Nang revives FDI inflow

The central beach city of Da Nang is taking measures to revive the foreign direct investment (FDI) flow with a view to attracting 7 billion USD in this capital by 2030.
Adjusting the way to register exports to China for some plant products

Adjusting the way to register exports to China for some plant products

VCN - According to the Plant Protection Department (Ministry of Agriculture and Rural Development), fresh vegetables, plant-based spices (not crushed, not ground), dried beans, food grains (except rice), oilseeds, unprocessed coffee beans, unprocessed coc
Preparing human resources for export via the electronic platform

Preparing human resources for export via the electronic platform

VCN - Mr. Vu Ba Phu, Director of the Trade Promotion Department (Ministry of Industry and Trade), said that businesses need to be proactive in their resources when promoting exports with foreign partners on e-commerce platforms.
PM pledges to further support enterprises at Vietnam Business Forum 2023

PM pledges to further support enterprises at Vietnam Business Forum 2023

The Vietnamese Government commits to creating all possible conditions for businesses to growth further, Prime Minister Pham Minh Chinh affirmed at the Vietnam Business Forum 2023 (VBF 2023) in Hanoi on March 19.
Industrial, logistics property attractive to investors: Savills

Industrial, logistics property attractive to investors: Savills

Vietnam’s industrial real estate sector has great potential for developing more projects related to data centres, cold storages and logistics, according to John Campbell, Associate Director, Head of Industrial Services at Savills Vietnam - the largest and most experienced real estate services company in the Southeast Asian nation.
Maximum support for e-commerce and individual online business

Maximum support for e-commerce and individual online business

VCN - The introduction of an e-commerce portal (E-commerce) is a big step in tax administration to combat state budget loss. Currently, the tax sector is focusing on supporting businesses that are the owners of e-commerce floors, individual online busines
Lifting the challenge of capital for businesses

Lifting the challenge of capital for businesses

VCN - The State Bank (SBV) has granted the first credit growth limit (room) in 2023 to a number of banks, ranging from 9-13.5%, which enables businesses to access production and business activities more efficiently.
Shrimp exports face many difficulties in 2023

Shrimp exports face many difficulties in 2023

In 2023, although difficulties are forecast, the shrimp industry in the whole country still sets a target of 750,000 ha of shrimp farming area, shrimp production of over 1 million tons
Digitisation in agricultural product traceability needs joint efforts

Digitisation in agricultural product traceability needs joint efforts

Digitisation in agricultural product traceability requires the engagement and coordination of all parties, from State management agencies to enterprises, cooperatives and farmers, according to an official from the Ministry of Agriculture and Rural Development.
Vietnam posts 78.9% growth in coffee export value to Spain

Vietnam posts 78.9% growth in coffee export value to Spain

Vietnam was Spain's largest supplier of coffee (by volume) in 2022, with 113,550 tonnes worth 269 million EUR (287 million USD), up 21.6% in volume and 78.9% in value against 2021.
Vietnam’s trade with top 11 Asian markets is set to grow significantly

Vietnam’s trade with top 11 Asian markets is set to grow significantly

Vietnam’s trade with 11 other major Asian markets could rise significantly in value by 2030, according to an industry study released by UPS.
Many export items of the “USD billion " group dropped sharply

Many export items of the “USD billion " group dropped sharply

In the first 2 months of 2023, export turnover of most commodity groups decreased, except for mineral fuels.
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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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