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.

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.

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

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). ​

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

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 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.

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).

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

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.