Import-Export

Vietnam’s seafood exports remained heavily dependent on natural sources, which have become increasingly difficult to secure due to tightening regulations and limited local marine farming, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Vietnam's steel industry is facing fiercer competition from foreign rivals as imported products, particularly those from China, have flooded the domestic market, raising fears of market saturation. Industry experts have warned that without prompt action, domestic producers could be pushed to the brink.

Vietnam’s exports to Hungary grew by 61.1% in the first seven months of this year.

The current regulations on advertising have not kept pace with online selling and the role of influencers, experts have warned.

The Management Board of Industrial Parks in the northern province of Ha Nam on August 30 held a meeting with Japanese enterprises that are investing in industrial parks in the province.

VCN - Vietnam's three largest export groups include: computers, electronic products and components; phones and components; machinery, equipment, tools and spare parts.

VCN - Thanks to increased domestic consumption, Masan Consumer Corporation achieved revenue of VND 7,387 billion in the second quarter of 2024, up 14% compared to last year.

Vietnam’s Ministry of Planning and Investment (MPI) and the Republic of Korea (RoK)’s Ministry of Small and Medium size Enterprises (SMEs) and Startups convened the first meeting of their bilateral cooperation committee in Hanoi on August 28, aiming to enhance collaboration between the two countries' SMEs and startups.

Electronics export has witnessed vigorous recovery, posting double-digit growth over seven and a half months and expected to hit 130 - 132 billion USD in 2024.

The number of imported complete cars in the first half of August remained high, according to the latest preliminary statistics from the General Department of Vietnam Customs.