Canada imposes temporary anti-dumping duties on wire products from Việt Nam

Canada imposes temporary anti-dumping duties on wire products from Việt Nam

Việt Nam’s export turnover of steel wire products to Canada has increased rapidly in recent years.
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.
Vietnam

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
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88.8% of import turnover are equipment and raw materials for production

88.8% of import turnover are equipment and raw materials for production

VCN - Assessing the situation of importing goods, the Ministry of Industry and Trade said that in June 2024, it is estimated to reach US $30.15 billion, down 7.9% compared to the previous month, compared to the same period last year, the import turnover o
Vietnam

Vietnam's textile industry gains edge with high-value production capabilities

Vietnam has scored higher overall than China and Bangladesh in the United States Fashion Industry Association (USFIA)’s recent survey comparing the competitive advantages of textile-exporting countries to the US.
Trade disputes are rarely brought to international courts

Trade disputes are rarely brought to international courts

VCN - Disputes over foreign trade and more specifically the import-export sector, of which export disputes are the most numerous, the majority are related to the quality of goods; delivery time; dishonesty of the seller or buyer.
Banks permitted to sell investment-linked insurance products

Banks permitted to sell investment-linked insurance products

Commercial banks can continue to sell investment-linked insurance products through the bancassurance channel.
Agricultural, forestry and fishery product exports reached US $ 29.2 billion in the first half of the year

Agricultural, forestry and fishery product exports reached US $ 29.2 billion in the first half of the year

In the first six months of the year, total export turnover of agricultural, forestry and fishery products reached US $29.2 billion, up 19% over the same period in 2023.
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