Mong Cai Customs achieve VND1,756 billion in revenue collection Thanh Hoa Customs cooperates effectively with businesses Enterprises need to be ready to respond to trade defense
How does the Fed

How does the Fed's interest rate cut affect Vietnam?

05/10/2024 11:56 Headlines

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.
Vietnam-France trade, investment ties expected to grow further

Vietnam-France trade, investment ties expected to grow further

04/10/2024 13:40 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.
Nine-month agro-forestry-fisheries exports rise 21%

Nine-month agro-forestry-fisheries exports rise 21%

04/10/2024 13:37 Import-Export

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.
Vietnamese fruits have room to penetrate deeper into the Chinese market

Vietnamese fruits have room to penetrate deeper into the Chinese market

04/10/2024 11:56 Import-Export

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.
Positive signals for exports in remaining months of 2024

Positive signals for exports in remaining months of 2024

03/10/2024 14:32 Import-Export

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.
Expanding export opportunities for crocodile industry

Expanding export opportunities for crocodile industry

03/10/2024 14:27 Import-Export

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.
Taking the initiative source of raw materials - "way out" for textile, garment and footwear export

Taking the initiative source of raw materials - "way out" for textile, garment and footwear export

10:21 | 03/10/2024 Import-Export

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
China spends 21 million USD importing Vietnam’s pangasius fish maws

China spends 21 million USD importing Vietnam’s pangasius fish maws

15:05 | 02/10/2024 Import-Export

Value-added pangasius products, including dried fish maws and fish skin snacks, are increasingly popular among international consumers, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). ​
The biggest problem for the footwear industry is rising costs

The biggest problem for the footwear industry is rising costs

09:25 | 02/10/2024 Import-Export

VCN - In the first 8 months of 2024, leather and footwear exports have grown, with an increase of more than 10%, and many markets are recovering. With the current recovery rate, it is expected that the leather and footwear industry will export about 27 bi
Import turnover of raw materials for textiles, footwear, and plastics reaches tens of billions of dollars

Import turnover of raw materials for textiles, footwear, and plastics reaches tens of billions of dollars

14:07 | 01/10/2024 Import-Export

VCN - In general, in the first eight months, Vietnam spent US$18.03 billion on importing raw materials for the textile and footwear industry, increasing by 14.6% year-on-year.
Cashew industry faces risk of trade deficit

Cashew industry faces risk of trade deficit

14:01 | 01/10/2024 Import-Export

Cashew nuts are one of the exports which have created a large market for Vietnam, however, the industry faces the risk of trade deficit due to higher raw material prices.
Garment - textile industry pins high hopes on FDI inflows

Garment - textile industry pins high hopes on FDI inflows

13:58 | 01/10/2024 Import-Export

Vietnam has so far attracted 3,500 foreign direct investment (FDI) projects in the garment - textile industry with a combined value of 37 billion USD, according to the Vietnam Textile and Apparel Association (VITAS).
Computers and electronic products take lead in term of export turnover to Indonesia

Computers and electronic products take lead in term of export turnover to Indonesia

08:22 | 01/10/2024 Import-Export

Vietnamese goods are increasingly consolidating their position in the Indonesian market, with export value growing continuously over the years.
Vietnam still primarily relies on processing and manufacturing with limited automation integration

Vietnam still primarily relies on processing and manufacturing with limited automation integration

08:22 | 01/10/2024 Import-Export

Vietnam needs to cultivate domestic enterprises that are large-scale, possess international competitiveness, boast established brands, and can serve as cornerstones in leading the industrialization and modernization process.
First Vietnam fruit festival opens in China

First Vietnam fruit festival opens in China

14:02 | 30/09/2024 Import-Export

The first-ever Vietnam fruit festival opened in Beijing, China, on September 29, co-organised by the Vietnamese Ministry of Industry and Trade, and Ministry of Agriculture and Rural Development.
Incheon int

Incheon int'l port creates export channel for Korean office furniture to Vietnam

14:01 | 30/09/2024 Import-Export

The export of Korean office furniture to Vietnam via the Incheon internation port since April this year has witnessed initial results, according to the port authority.
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Enterprises need to be ready to respond to trade defense

Enterprises need to be ready to respond to trade defense

14:24 | 09/10/2024 Import-Export

VCN - According to the Department of Trade Defense, through the process of protecting the rights of Vietnamese manufacturing and exporting enterprises in each trade defense case, the outcome of the appeal depends largely on the quality of coordination bet
Foreign investors interested in green development, semiconductor industry in Vietnam

Foreign investors interested in green development, semiconductor industry in Vietnam

14:16 | 09/10/2024 Import-Export

Green, clean development and semiconductor chip production are among the sectors in Vietnam that foreign investors are interested in, according to VinaCapital CEO and Founding Partner Don Lam.
Vietnam’s stainless steel exports under dual investigation

Vietnam’s stainless steel exports under dual investigation

13:54 | 08/10/2024 Import-Export

The US Department of Commerce (DOC) has initiated an anti-dumping and countervailing duty investigation into corrosion-resistant steel (CORE) imported from Vietnam, alongside nine other countries and territories.
F&B industry to reach 30 billion USD in 2024

F&B industry to reach 30 billion USD in 2024

13:53 | 08/10/2024 Import-Export

The Ministry of Industry and Trade (MoIT) forecasts that the revenue of the food and beverage (F&B) industry will grow by 10.92% this year, reaching more than 720 trillion VND (29.8 billion USD).
Self-sufficiency in raw materials critical for garment, footwear

Self-sufficiency in raw materials critical for garment, footwear

13:50 | 08/10/2024 Import-Export

Vietnam needs breakthrough solutions to upgrade the value chains of the garment and footwear industries with the focus on achieving self-sufficiency in raw materials to increase added value and develop sustainably.
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