Removing problems with settlement reports and storage for export processing enterprises

Removing problems with settlement reports and storage for export processing enterprises

Recently, Hanoi Customs Department has answered many questions about customs procedures for export processing enterprises.
The two "main drivers" in agricultural export still have weaknesses

The two "main drivers" in agricultural export still have weaknesses

VCN - Exporting rice and vegetables have many advantages in the market. These are two key products that continue to help agricultural exports earn more foreign currency. However, there are still limitations and weaknesses in growing areas, unequal quality
Developing specialty coffee to enhance the value and reputation of Vietnamese coffee

Developing specialty coffee to enhance the value and reputation of Vietnamese coffee

VCN - Investing in the high-end segment is a way to increase value for the coffee industry, in which specialty coffee is a direction that businesses and cooperatives are interested in and is bringing positive results.
Businesses flexibly navigate exchange rate fluctuations

Businesses flexibly navigate exchange rate fluctuations

VCN - Accordingly, the USD has increased by nearly 5% against the VND since the beginning of 2024.
Experts stress the need to promote fruit sales, regulate export markets as peak season arrives

Experts stress the need to promote fruit sales, regulate export markets as peak season arrives

Localities, ministries, branches and businesses will soon be pushing trade promotions for fruits such as lychee, rambutan, longan, durian, and avocado.
Compliance with import market’s requirement – a must to bolster fruit exports

Compliance with import market’s requirement – a must to bolster fruit exports

The European Commission (EC) frequently updates maximum pesticide residue levels, especially for fresh and frozen fruits.
FDI flow to Ba Ria-Vung Tau province sees 12.6-fold rise

FDI flow to Ba Ria-Vung Tau province sees 12.6-fold rise

The southern province of Ba Ria-Vung Tau attracted over 1.64 billion USD in foreign direct investment (FDI) in the first five months of 2024, a 12.6-fold rise from the figure in the same period last year.
Efforts made to boost exports to Northeast Asia

Efforts made to boost exports to Northeast Asia

In the remaining months of 2024, the Ministry of Industry and Trade will continue implementing concerted solutions to develop Vietnam's foreign trade, in which Northeast Asia with important markets will be identified as the focus, according to the ministry’s Asia - Africa Market Department.
Thanks to timely intervention, the domestic exchange rate has enough room for flexible developments

Thanks to timely intervention, the domestic exchange rate has enough room for flexible developments

Right after the early- months, the exchange rate has increased by 4.6%, a 3.4 % increase compared to the devaluation of the whole year 2022.
Vietnamese rice continues to dominate Philippine market despite policy shifts

Vietnamese rice continues to dominate Philippine market despite policy shifts

The rice trade between Vietnam and the Philippines is forecast to remain steady in the near future, according to the Vietnam Trade Office in the Philippines.
Fishery export grows 6.5% in five months

Fishery export grows 6.5% in five months

Vietnam shipped an estimated 3.6 billion USD worth of fishery products abroad during January-May, a year-on-year increase of 6.5%, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Coffee exports reach 2.9 billion USD in five months

Coffee exports reach 2.9 billion USD in five months

Coffee exports are expected to reach an estimated 2.9 billion USD in the first five months of this year, representing a rise of 43.9% over the same period last year on rising prices despite a drop of 3.9% in volume to 833,000 tonnes, according to the Ministry of Agriculture and Rural Development.
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Vietnam's coffee prices on the rise

Coffee prices continued to rise sharply on June 5, ranging from 122,000 - 123,500 VND (4.8-4.86 USD) per kilogramme in the Central Highlands – the largest coffee growing area in the country.
Israeli importers interested in seeking suppliers from Vietnam

Israeli importers interested in seeking suppliers from Vietnam

Israeli businesses expressed their interest in seeking more goods supply sources from Vietnam to meet the demand of domestic consumers at a trade promotion and business connection event in Tel Aviv on June 4.
A stepping stone for the open port model at Cai Mep - Thi Vai

A stepping stone for the open port model at Cai Mep - Thi Vai

VCN - Two adjacent ports in the Cai Mep - Thi Vai area have just announced cooperation to create a longer wharf scale, helping to raise exploitation capacity, improve service quality and enhance the ship receiving capacity of both sides. Furthermore, this
Rice exporters divided on minimum export prices

Rice exporters divided on minimum export prices

There should be a minimum export price for Vietnamese rice to prevent companies from engaging in price wars, undercutting each other, said industry insiders after a recent incident in which Vietnamese exporters won a bid to supply Indonesia’s State Logistics Agency (Perum Bulog) with 100,000 tonnes of rice for a total of US$55 million.
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Developing export markets along with trade promotion

Developing export markets along with trade promotion

VCN - Import and export of goods in the first 6 months of 2024 continue to record positive results, total turnover is estimated at USD 369.6 billion, up 16% over the same period last year.
Building the Vietnamese brand associated with green and sustainable development

Building the Vietnamese brand associated with green and sustainable development

VCN - According to experts, in the current context, branding becomes even more urgent, helping to increase endogenous resources for businesses, helping businesses move towards strong development, gradually reaching further in the domestic and world market
Improving the competitiveness of businesses is an important factor

Improving the competitiveness of businesses is an important factor

VCN - Local competitiveness is not only based on economic management capacity, the favorable and friendly business environment and efforts to improve administrative reform efforts of provincial and city governments (PCI) but also relies on the competitive
Malaysia to boost exports to Vietnam

Malaysia to boost exports to Vietnam

The Malaysian Ministry of Investment, Trade and Industry (MITI) on July 11 announced that the country has secured potential exports worth 3.3 billion RM (about 717 million USD) to Vietnam.
Exporters advised to update trade policies of Singapore

Exporters advised to update trade policies of Singapore

The Vietnam Trade Office in Singapore has advised Vietnamese exporters to carefully study and keep updated on new regulations in Singapore, a market that is becoming more cautious in trade policy, in order to further exploit this market.
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