Import-Export

VCN - In addition to the opportunities from the investment shift in the electronics industry, Vietnamese enterprises also face many challenges in terms of capital, technology and human resources. Ms. Do Thi Thuy Huong, Executive Committee Member of the Vi

VCN - According the latest statistics from the General Department of Customs, by the end of October, the total import-export turnover between Vietnam and China reached US$167.46 billion.

Vietnam, with its skilled workforce and competitive production costs, is poised to become a critical supplier of materials, components, and assemblies for the semiconductor industry, thus making a deeper penetration into the global value chain.

VCN - According to Mr. Pham The Cuong, Indonesia is a more easy-going market than the US, EU, Japan and has an Asian culture. In addition, the close geographical distance also helps Vietnamese enterprises reduce transportation costs and improve the compet

VCN - Assessing the potential of passion fruit, Mr. Huynh Tan Dat, Director of the Plant Protection Department (Ministry of Agriculture and Rural Development) said that Vietnam has potential and advantages in tropical fruits.

The Ministry of Industry and Trade on November 12 announced the termination of anti-dumping duties on cold-rolled stainless steel products imported from China’s Taiwan, Indonesia, Malaysia and China.

VCN - The export turnover in October went up 10.1% year-on-year, of which the export turnover of the domestic economic sector increased by 17.7%, the export turnover of the FDI sector (including crude oil) grew 7.3%.

Although Vietnam’s rice exports have traditionally focused on Asian markets, experts have advised businesses to pay more attention to Africa which has emerged as a key potential market.

The UK is recognised as the second-largest exporter of financial services globally, while London serves as a global financial centre, hosting 170 banks and a multitude of fintech companies.

Appearing in Vietnam since the end of September, the online retail platform Temu has attracted buyers with its super discount and completely free shipping strategy.