Import-Export

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.

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.

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.