Expected to catch up with the recovery of wood and furniture exports from trade promotion activities

Expected to catch up with the recovery of wood and furniture exports from trade promotion activities

VCN - With great interest from manufacturing businesses as well as international buyers, VIFA EXPO 2024 is expected to open opportunities for businesses to capture the ongoing recovery in the wooden furniture market, world furniture.
Preliminary assessment of Vietnam international merchandise trade performance in the second half of December, 2023

Preliminary assessment of Vietnam international merchandise trade performance in the second half of December, 2023

The Vietnam Customs Statistics announced that in the second half of December, 2023 the total Vietnam’s exports of US dollars 16.31 billion and imports of nearly US dollars 13.66 billion resulted in a trade surplus of US dollars 2.65 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of December was over US dollars 29.98 billion, down by 1.8% as compared to the first half of December-2023. Furthermore, in 2023, Vietnam was in trade surplus of USD 28.3 billion.
Preliminary assessment of Vietnam international merchandise trade performance in the whole year of 2023

Preliminary assessment of Vietnam international merchandise trade performance in the whole year of 2023

Highlights 1. According to trade statistics of Vietnam Customs, in December of 2023, a 0.3% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of the last month. Exports went up 1.1%, to US dollars 31.47 billion and imports decreased 0.6%, to US dollars 29.40billion in terms of month-on-month basis. As a result, there was a US dollars 2.06 billion surplus in Vietnam’s trade balance in this month.
Export turnover of goods in January 2024 reaches US$ 33.57 billion

Export turnover of goods in January 2024 reaches US$ 33.57 billion

VCN - The Ministry of Industry and Trade said that the export turnover of goods in January is estimated to increase by 6.7% month-on-month to US$ 33.57 billion.
Adapt and proactively respond to opportunities to expand exports

Adapt and proactively respond to opportunities to expand exports

VCN - According to Dr. Nguyen Manh Hung (photo), Senior Head of the Department of Supply Chain Management and Logistics, RMIT University, facing the export situation forecast still have many difficulties, Vietnamese businesses need to improve their proact
Trade promotion focuses on market development

Trade promotion focuses on market development

VCN - In 2024, trade promotion activities will continue with the goal of expanding new export markets and exploiting FTAs; Digital transformation is associated with green transformation in trade promotion to develop sustainable foreign trade.
Linking Vietnamese rice exports

Linking Vietnamese rice exports

VCN - Close association based on profit and risk sharing will bring stability in both output and quality, creating a foundation for sustainable and high-value rice exports.
Trade in goods in the first half of January  2024 reaches about US$ 30 billion

Trade in goods in the first half of January 2024 reaches about US$ 30 billion

VCN - Export turnover reaches about US$ 15.1 billion, of which the turnover of FDI enterprises earns US$11 billion.
Vietnam-Indonesia trade achieves about US$ 14 billion

Vietnam-Indonesia trade achieves about US$ 14 billion

VCN - According to the lastest statistics of the General Department of Vietnam Customs (GDVC), in 2023, Vietnam’s exports to Indonesia recored over US$5 billion. 14 comodity groups reached the import turnover of US$100 milion or more.
About 120,000 cars imported in 2023

About 120,000 cars imported in 2023

VCN - According to preliminary statistics from the GDVC, in December 2023, the whole country imported 7,650 CBU cars, with the import turnover of US$ 175.3 million, an increase of 1.9% in volume but a decrease of 9.1% in turnover compared to the previous
Preliminary assessment of Vietnam international merchandise trade performance in the first half of December, 2023

Preliminary assessment of Vietnam international merchandise trade performance in the first half of December, 2023

The Vietnam Customs Statistics announced that in the first half (01-15/12/2023) of December-2023, Vietnam’s total exports of US dollars 15.04 billion and imports of US dollars 15.48 billion resulted in a trade deficit of nearly US dollars 438 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of December was US dollars 30.52 billion, down by 1.4% as compared to the second half of November-2023.
Preliminary assessment of Vietnam international merchandise trade performance in the second half of November, 2023

Preliminary assessment of Vietnam international merchandise trade performance in the second half of November, 2023

The Vietnam Customs Statistics announced that in the second half of November, 2023 the total Vietnam’s exports of US dollars 16.37 billion and imports of nearly US dollars 14.59 billion resulted in a trade surplus of US dollars 1.78 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of November was over US dollars 30.96 billion, up by 5.2% as compared to the first half of November. In 11 months of 2023, Vietnam was in trade surplus of USD 25.86 billion.
Preliminary assessment of Vietnam international merchandise trade performance in the first half of November, 2023

Preliminary assessment of Vietnam international merchandise trade performance in the first half of November, 2023

The Vietnam Customs Statistics announced that in the first half (01-15/11/2023) of November-2023, Vietnam’s total exports of US dollars 14.66 billion and imports of US dollars 14.77 billion resulted in a trade deficit of nearly US dollars 118 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of November was US dollars 29.43 billion, down by 14.7% as compared to the second half of October-2023.
Preliminary assessment of Vietnam international merchandise trade performance in the second half of October, 2023

Preliminary assessment of Vietnam international merchandise trade performance in the second half of October, 2023

The Vietnam Customs Statistics announced that in the second half of October, 2023 the total Vietnam’s exports of US dollars 18.02 billion and imports of nearly US dollars 16.5 billion resulted in a trade surplus of US dollars 1.52 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of October was over US dollars 34.51 billion, up by 27.7% as compared to the first half of October. In 10 months of 2023, Vietnam was in trade surplus of USD 24.59 billion.
Export: A year of many pressures

Export: A year of many pressures

VCN - Textile and garment is one of our country's key export industries, bringing in US $44 billion in 2022, growing 8.8% compared to the previous year, but entering 2023, this is one of the ones suffering the crisis. "storm" decline.
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