Import-Export

Vietnam exported over 7 million tonnes of rice worth 4.37 billion USD in the first three quarters of 2024, up 9.2% in volume and 23.5% in value compared to the same period last year, the Ministry of Agriculture and Rural Development (MARD) has reported.

VCN - In particular, in 2024, Vietnam will have three leading indicators in the world: High-tech Import Index, High-tech Export Index and Creative Goods Export Index (based on total trade). This is the first time the Creative Goods Export Index has reache

VCN - In the latest meeting of the Federal Open Market Committee (FOMC), the Fed decided to cut interest rates by 50 basis points to a range of 4.75%-5%. Analysts have given different perspectives on this decision.

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.

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 - In the latest meeting of the Federal Open Market Committee (FOMC), the Fed decided to cut interest rates by 50 basis points to a range of 4.75%-5%. Analysts have given different perspectives on this decision.