HCM City lures over 3 billion USD in FDI in 11 months

HCM City lures over 3 billion USD in FDI in 11 months

Ho Chi Minh City attracted more than 3 billion USD in foreign direct investment (FDI) in the first 11 months of 2023, down 12.9% year-on-year, the city’s Statistics Office has announced.
Expanding the Indonesian market with "Halal certification"

Expanding the Indonesian market with "Halal certification"

VCN - The challenge of Vietnamese businesses when accessing Indonesia's Halal market is largely that businesses do not understand the Muslim country's consumer culture.
Taking advantage of EVFTA: "It

Taking advantage of EVFTA: "It's impossible for everyone's house to shine brightly"

VCN - In particular, in August 2020, the Trade Agreement between Vietnam and 27 European Union (EU) countries has promoted two-way agricultural exports between Vietnam and EU countries to increase.
Vietnam’s iron and steel imports from China record US$4 billion

Vietnam’s iron and steel imports from China record US$4 billion

VCN - According to preliminary statistics of the General Department of Vietnam Customs, in the first half of November, the country imported 675,795 tons of iron and steel with a turnover of about US$ 493 million.
Export-import turnover of agro-forestry-aquatic products down 5.9%

Export-import turnover of agro-forestry-aquatic products down 5.9%

Vietnam's total export and import turnover of agro-forestry-aquatic products is estimated at 85.13 billion USD in the January-November period, down 5.9% from the same period last year, the Ministry of Agriculture and Rural Development (MARD) reported.
Weathering logistics hurdles to welcome supply chain shifts: experts

Weathering logistics hurdles to welcome supply chain shifts: experts

The development of logistics infrastructure, improvement of loading and storage capacity, and formation of a regional – level logistics service centre will help Vietnam better embrace the upcoming global supply chain shifts, experts said at a logistics forum held by the Ho Chi Minh City Logistics Association (HLA) in the city on November 29.
Developing green logistics businesses, aiming for a sustainable supply chain

Developing green logistics businesses, aiming for a sustainable supply chain

VCN - According to experts, in the context of increasingly high demands on exported products, as well as the commitment of countries to no longer emit greenhouse gases by 2050, green logistics activities are considered one of the inevitable trends and req
Coffee export is forecast to continue to win big

Coffee export is forecast to continue to win big

VCN - After reaching a record in price and export turnover, the coffee industry continues to have high expectations for the coming crop year thanks to favourable factors from the market as well as the industry's efforts in promoting processing and meeting
Japan is Vietnam

Japan is Vietnam's leading trading partner

VCN - According to the latest preliminary statistics of the General Department of Vietnam Customs, by the end of October, Vietnam-Japan trade turnover achieved about US$37 billion. Motivated by this figure, Japan continues to remain Vietnam's 4th largest
New businesses still on the rise in November

New businesses still on the rise in November

As many as 14,267 new businesses with a total registered capital of almost 153.6 trillion VND (6.3 billion USD) were established in November, respectively rising 19.5% and 47% year on year, said the Business Registration Management Agency under the Ministry of Planning and Investment.
Catfish exports show positive growth in most markets

Catfish exports show positive growth in most markets

VCN - According to data from the Vietnamese Customs, catfish exports in October 2023 reached nearly US$173 million, a 4% decrease compared to the same period last year. It is expected that Vietnam will earn around US$1.8 billion from this commodity this y
Identifying and adapting to the EU Green Deal

Identifying and adapting to the EU Green Deal

VCN - The European Union (EU) is always at the top of Vietnam's export turnover. Monitoring and adapting to policies within the framework of the EU Green Deal (The European Green Deal - EGD) is an urgent requirement for manufacturing and exporting enterpr
Vietnam

Vietnam's packaging industry aims for sustainable development

VCN - Despite its fairly high and stable growth rate current, Vietnam's packaging industry also faces challenges in meeting the requirements of a sustainable economy. Mr. Nguyen Ngoc Sang, Chairman of the Vietnam Packaging Association, had a discussion wi
Export of fruits and vegetables reaches 5 billion USD milestone

Export of fruits and vegetables reaches 5 billion USD milestone

VCN - As of November 15, the export turnover of fruits and vegetables has reached the milestone of $5 billion, a record figure to date.
Textile and garment exports are expected to reach 40.3 billion USD

Textile and garment exports are expected to reach 40.3 billion USD

VCN - Textile and garment exports for the whole year are expected to earn 40.3 billion USD. The industry's export target for 2024 is 44 billion USD.
Vietnam targets 44 billion USD in textile, apparel export turnover in 2024: VITAS

Vietnam targets 44 billion USD in textile, apparel export turnover in 2024: VITAS

Vietnam Textile and Apparel Association (VITAS) has set a target of earning 44 billion USD from textile and apparel exports in 2024 as positive changes have seen from the last quarter of this year.
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Deep processing increases agricultural product export value: experts

Deep processing increases agricultural product export value: experts

The current proportion of processed pepper products for export stands at a mere 30%, indicating the need for a significant improvement.
Shipping companies are currently charging about ten types of surcharges for goods at seaports

Shipping companies are currently charging about ten types of surcharges for goods at seaports

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Enterprises expect to "take off" in 2024

Enterprises expect to "take off" in 2024

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Electronic products are the driving force for export growth

Electronic products are the driving force for export growth

The export growth momentum in early 2024 is assessed to have a major contribution from all types of phones and components.
Answering many questions for Korean businesses at 2024 tax and customs policy dialogue conference

Answering many questions for Korean businesses at 2024 tax and customs policy dialogue conference

VCN - At the Dialogue Conference with Korean businesses on tax and customs policies and administrative procedures in 2023-2024 organized by the Ministry of Finance on the afternoon of February 29, representatives of leaders of units under the Ministry Fin
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