Import-Export

The official visit to France by Party General Secretary and State President To Lam and his attendance at the 19th Francophonie Summit are expected to give a boost to the bilateral economic, trade, and investment ties.

Vietnam earned 46.28 billion USD from exporting agricultural, forestry and fishery products, while spending 32.42 billion USD importing them in the first nine months of 2024, up 21% and 7.5% year-on-year, respectively.

VCN - On September 29, the first Vietnam Fruit Festival opened in Beijing, China. The event is expected to open up more opportunities for fruit exports to this large market.

Vietnam’s exports are expected to thrive in the remaining months of the year thanks to local businesses' concerted efforts and robust results during the January – September period, according to insiders.

The Mekong Delta, particularly Dong Thap province, is recognised for its significant potential for crocodile farming. Recently signed protocols between Vietnam and China have opened substantial opportunities for the country's crocodile industry, fostering sustainable and stable development.

By the end of August, the total export turnover of the country reached US$265.44 billion, an increase of 15.9% over the same period last year.

The logistics sector, which has become an important service industry and played a role in supporting, connecting and promoting Vietnam’s socio-economic growth, is undergoing a rapid transformation as sustainability takes centre stage. With an estimated market size of 40-42 billion USD a year and over 40,000 firms operating in the sector, the stakes are high, and the need for change is urgent.

VCN - According to shrimp exporters, there is the boom in shrimp prices in Vietnam in context of quick recovery of the economy after more than 16 months of stagnation.

Vietnamese goods are increasingly consolidating their position in the Indonesian market, with export value growing continuously over the years.

VCN - According to many experts, Vietnam's textile and footwear import and export will continue to be positive in the coming months, on the one hand due to cyclical factors, demand for goods often increases sharply at the end of the year; on the other han