Import-Export

Global tech giants have expressed interest in expanding operations in Việt Nam this year, making the country an important part of the global technology world.

Most of them came from China, accounting for 32.3 per cent of the total import turnover by November 2024.

In 2023, Việt Nam’s hardware and electronics exports reached $113.3 billion, a sharp 15.1 per cent decline from $133.6 billion in 2022. However, 2024 has witnessed a robust rebound, with export revenue surging by nearly 16.8 per cent.

The volume of completely built-up (CBU) automobiles imported into Vietnam witnessed a sharp decline in the first half of December 2024

Việt Nam’s footwear and leather industry is poised to achieve US$26-27 billion in export in 2024, marking a $3 billion increase from the previous year, as they country has well capitalised on the signed free trade agreements to bolster shipment, according to the Vietnam Leather, Footwear and Handbag Association (Lefaso).

As environmental, social, and governance (ESG) factors increasingly dominate business strategies, building a sustainable supply chain has become an inevitable requirement for businesses.

The Ministry of Agriculture and Rural Development explained the increase in pepper export value is attributed to a significant rise in prices.

VCN - The trend of sustainable development and circular economy opens up opportunities for the retail industry to modernize its business model, green the supply chain and promote the consumption of environmentally friendly products.

From the beginning of the year to December 15, there were six key export commodity groups with an increase in turnover of US$1 billion or more, according to the latest statistics of the General Department of Customs.

The Ministry of Industry and Trade has initiated investigations into thirty trade remedies cases and applied twenty two measures to imported goods.