Lack of “locomotives” leading high-tech agricultural enterprises

Lack of “locomotives” leading high-tech agricultural enterprises

VCN - Vietnam currently has only about 50 enterprises recognized as “high-tech agricultural enterprises”, less than 300 agricultural enterprises applying high technology. These are modest numbers in the context of Vietnamese agricultural products needing
3 imported groups see a rise of US$16 billion in trade turnover

3 imported groups see a rise of US$16 billion in trade turnover

VCN - Computers, electronic products and components; machinery, equipment, tools and spare parts; Iron and steel of all kinds are the 3 product groups recording the highest rise in import turnover.
Vietnam’s pepper industry spices up export earnings despite volume dip

Vietnam’s pepper industry spices up export earnings despite volume dip

Vietnam’s pepper export earnings surged by 40.8% year-on-year to 764.2 million USD in the first seven months of this year, despite a slight decline of 2.2% in export volume, according to the Vietnam Pepper and Spice Association (VPSA).
Shrimp companies seek to maintain exports in H2 amid fierce competition

Shrimp companies seek to maintain exports in H2 amid fierce competition

Despite facing many difficulties and competition from many countries, Vietnamese shrimp exporters have proactive strategies to maintain exports by shifting export markets to avoid dependence on traditional import markets.
Exports need to accelerate to penetrate new potential markets

Exports need to accelerate to penetrate new potential markets

VCN - The economy's exports are gradually recovering, opening up many positive signals for industries. To achieve the target of 6% export growth, among the solutions to boost exports, developing new markets and niche markets with great potential is an imp
Great potential from Cai Mep - Thi Vai port cluster

Great potential from Cai Mep - Thi Vai port cluster

VCN - With about 35 ports, currently, 22 ports are operational with a capacity of 117.8 million tons per year. The Cai Mep - Thi Vai port cluster is expected to become the largest international transshipment gateway in the country, with regional and globa
FDI sector accounts for nearly 68% of country

FDI sector accounts for nearly 68% of country's trade turnover

VCN - Foreign direct investment (FDI) enterprises maintain a large contribution to the country’s total import-export turnover.
Fisheries export in July highest since early 2024

Fisheries export in July highest since early 2024

Vietnam’s fisheries export revenue in July grew 14% year-on-year to over 885 million USD, the highest recorded since the beginning of the year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Ample room for Vietnamese fruits in Northeast Asian market

Ample room for Vietnamese fruits in Northeast Asian market

Many kinds of Vietnamese fruits are increasingly gaining access to the Northeast Asian market, contributing to fulfilling the 2024 goal of 7 billion USD in export value of fruit and vegetables.
Investment, export, consumption to propel GDP growth: Insiders

Investment, export, consumption to propel GDP growth: Insiders

Vietnam could reach the GDP growth target of 6-6.5% set by the National Assembly on the back of strong investment, export, and consumption, according to experts.
Finding momentum to expand markets for the processing and manufacturing industry

Finding momentum to expand markets for the processing and manufacturing industry

VCN - Although goods of the processing and manufacturing industry accounts for a major proportion of export-import turnover, it still faces many limitations. Therefore, additional solutions are needed to support production, stimulate domestic consumption,
Businesses have a "headache" with transportation prices

Businesses have a "headache" with transportation prices

In logistics activities, transportation costs account for 60-70 percent of total costs. Currently, freight rates are increasing sharply, severely affecting the export efficiency of Vietnamese enterprises.
Chinese EV maker sees Vietnam as key market in Southeast Asia

Chinese EV maker sees Vietnam as key market in Southeast Asia

Chinese electric vehicle (EV) maker BYD has chosen Vietnam as a key market for its development in Southeast Asia, Vo Minh Luc, CEO of BYD Auto Vietnam, has said.
Vietnam’s wood processing sector sees rosy signs in first months

Vietnam’s wood processing sector sees rosy signs in first months

Vietnam's wood industry has showed signs of recovery in the first months of 2024, and this positive trend continues, bolstered by an increase in orders from traditional markets and progress towards achieving export targets set for the year.
Four export groups rise by more than US$17 billion in trade turnover

Four export groups rise by more than US$17 billion in trade turnover

VCN - From the beginning of the year to July 15, four export groups had increased turnover of US$1 billion or more, according to the latest information from the General Department of Customs.
Enterprises seize tuna export opportunities

Enterprises seize tuna export opportunities

The demand for tuna in import markets is increasing in preparation for the year-end holidays. Enterprises are preparing raw materials to capitalize on this opportunity.
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Regional forum seeks solutions to challenges in rice value chain development

Regional forum seeks solutions to challenges in rice value chain development

A regional forum on low-emission rice farming kicked off in Hanoi on September 9, aiming to promote cooperation, build consensus, and seek viable solutions to address challenges in developing a sustainable rice value chain across landscapes.
Vietnam

Vietnam's coconut exports to rise remarkably thanks to shipments to China

Fresh coconuts, a burgeoning contributor to Vietnam's agricultural exports, are poised to make a substantial impact on the nation's economy through increased shipments to China, according to officials.
Wood industry witnesses positive market signals

Wood industry witnesses positive market signals

The final months of the year are when consumers typically renovate and redecorate their homes in preparation for the New Year, providing a significant boost in export orders for the wood industry.
Vietnam’s aquatic product exports reel in positive forecasts to year end

Vietnam’s aquatic product exports reel in positive forecasts to year end

Vietnam's aquatic product exports are on track to hit a target of 9.5 billion USD by the end of this year, buoyed by sustained positive growth in recent months, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam-Sweden Business Forum 2024 opens

Vietnam-Sweden Business Forum 2024 opens

The Vietnam-Sweden Business Forum 2024 was held in celebration of 55 years of bilateral diplomatic relations by the Vietnamese Embassy and the Vietnam Trade Office in Sweden, and FPT Corporation in Stockholm on September 6.
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