Standards and remedies place pressure on exports (15/01/2024)
With a lower-than-expected export windfall in 2023, Vietnam’s export landscape for 2024 is expected to face plenty of challenges caused by global demand.
With a lower-than-expected export windfall in 2023, Vietnam’s export landscape for 2024 is expected to face plenty of challenges caused by global demand.
Vietnamese industries eye ambitious export goals in 2024 (16/01/2024)
With a positive economic outlook, the Ministry of Industry and Trade aims to increase exports by 6% in 2024, running a trade surplus for nine years in a row, estimated at 15 billion USD.
With a positive economic outlook, the Ministry of Industry and Trade aims to increase exports by 6% in 2024, running a trade surplus for nine years in a row, estimated at 15 billion USD.
ACFTA upgrade to further facilitate Vietnam’s exports to China: official (16/01/2024)
Vietnam serves as chair of the sessions on food safety and sanitary and phytosanitary measures during this time’s negotiations on the upgrade of the ASEAN - China Free Trade Area (ACFTA), expected to further facilitate Vietnam and the Association of Southeast Asian Nations (ASEAN)’s exports to China.
Vietnam serves as chair of the sessions on food safety and sanitary and phytosanitary measures during this time’s negotiations on the upgrade of the ASEAN - China Free Trade Area (ACFTA), expected to further facilitate Vietnam and the Association of Southeast Asian Nations (ASEAN)’s exports to China.
Door wide open for Vietnamese products to enter US market (16/01/2024)
Products sourced from various countries, including Vietnam, are expected to increase their market share in the United States amid Chinese exports to this market decreasing.
Products sourced from various countries, including Vietnam, are expected to increase their market share in the United States amid Chinese exports to this market decreasing.
Aquatic product exports to recover only slightly in H1: Association (16/01/2024)
Vietnam’s aquatic product exports will experience only a slight recovery in the first half of this year due to market volatility and a host of challenges to the global economy, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s aquatic product exports will experience only a slight recovery in the first half of this year due to market volatility and a host of challenges to the global economy, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Exporters to Europe, North America impacted by Red Sea route changes: Shinhan (16/01/2024)
Vietnamese firms exporting to Europe and North America’s East Coast are being affected by Red Sea route changes, according to the Shinhan Securities Vietnam (SSV).
Vietnamese firms exporting to Europe and North America’s East Coast are being affected by Red Sea route changes, according to the Shinhan Securities Vietnam (SSV).
Weak market demand and stricter regulations hinder Vietnam’s tea exports (16/01/2024)
Weak market demand coupled with stricter regulations remain the main barriers to the Vietnamese tea processing industry when it tries to gain a strong foothold in foreign markets.
Weak market demand coupled with stricter regulations remain the main barriers to the Vietnamese tea processing industry when it tries to gain a strong foothold in foreign markets.
Hungary is Vietnam’s major trading partner in Southeast Asia (17/01/2024)
Hungary is one of the first three EU countries to ratify the Vietnam - EU Free Trade Agreement (EVFTA), agreeing to promote trade and investment cooperation and fully and effectively implement the trade deal.
Hungary is one of the first three EU countries to ratify the Vietnam - EU Free Trade Agreement (EVFTA), agreeing to promote trade and investment cooperation and fully and effectively implement the trade deal.
Bilateral deals needed to facilitate Vietnamese garment, textile exports to Canada: Experts (17/01/2024)
Along with the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the Vietnamese garment and textile sector also needs a Vietnam-Canada free trade agreement or another bilateral deal to penetrate more deeply into the North American market, according to experts.
Along with the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the Vietnamese garment and textile sector also needs a Vietnam-Canada free trade agreement or another bilateral deal to penetrate more deeply into the North American market, according to experts.
Vietnamese exports to UK surge by 4.6% despite global economic fallout (17/01/2024)
The General Department of Customs reported that in December 2023, alone the export turnover of local goods heading to the UK market amounted to US$542.3 million.
The General Department of Customs reported that in December 2023, alone the export turnover of local goods heading to the UK market amounted to US$542.3 million.
China remains promising market for Vietnamese farm produce (17/01/2024)
China was the biggest buyer of Vietnam’s agro-forestry-fishery products in 2023, and it is expected to remain a promising market with numerous opportunities for Vietnamese farm produce to increase the market share and export value.
China was the biggest buyer of Vietnam’s agro-forestry-fishery products in 2023, and it is expected to remain a promising market with numerous opportunities for Vietnamese farm produce to increase the market share and export value.
Surge in vegetable, rice, coffee orders signals prosperous year (18/01/2024)
Vegetables, rice, and coffee have seen a surge in orders right from the beginning of 2024, signaling a busy year ahead despite challenges in the global trade.
Vegetables, rice, and coffee have seen a surge in orders right from the beginning of 2024, signaling a busy year ahead despite challenges in the global trade.
Chile a potential export market: Diplomat (18/01/2024)
Chile is a potential export market for Vietnamese consumer goods, as the nation’s living standard has experienced significant growth in recent years, Ambassador to the country Pham Truong Giang has said.
Chile is a potential export market for Vietnamese consumer goods, as the nation’s living standard has experienced significant growth in recent years, Ambassador to the country Pham Truong Giang has said.
Rice exports to be driven by high prices, stable markets: insiders (18/01/2024)
The agriculture sector and traders have expressed their high optimism about rice exports this year given high prices and stable markets, helping the grain remain a big foreign currency earner.
The agriculture sector and traders have expressed their high optimism about rice exports this year given high prices and stable markets, helping the grain remain a big foreign currency earner.
New real estate law to clean up conditions (29/12/2023)
The new Real Estate Business Law, passed by the National Assembly in November and effective from 2025, could narrow the scope of regulation and tighten conditions for transferring real estate projects.
The new Real Estate Business Law, passed by the National Assembly in November and effective from 2025, could narrow the scope of regulation and tighten conditions for transferring real estate projects.
Vietnam’s direct investment abroad tops 22 billion USD (29/12/2023)
Vietnam invested 421 million USD in overseas projects in 2023, equal to 78% over last year, said a report from the Ministry of Planning and Investment.
Vietnam invested 421 million USD in overseas projects in 2023, equal to 78% over last year, said a report from the Ministry of Planning and Investment.
Fitch Ratings forecasts favorable medium-term growth for Vietnam (29/12/2023)
Fitch Ratings has forecast Vietnam’s growth in the medium term at around 7%.
Fitch Ratings has forecast Vietnam’s growth in the medium term at around 7%.
New strategies for attracting quality FDI to Việt Nam (29/12/2023)
Robust foreign direct investment (FDI) flows into Việt Nam has become the spotlight of the Vietnamese economy on the backdrop of global slowdown and rising uncertainty. The Government has switched the FDI attraction policies towards quality inflow and sustainable development, pinned by the ambition of becoming a global chip production centre. Việt Nam Institute for Economic and Policy Research’s Vice President Nguyễn Quốc Việt spoke with Việt Nam News reporter Mai Linh on new competitive advantages for Việt Nam to remain an attractive destination for the quality and high technology capital inflow.
Robust foreign direct investment (FDI) flows into Việt Nam has become the spotlight of the Vietnamese economy on the backdrop of global slowdown and rising uncertainty. The Government has switched the FDI attraction policies towards quality inflow and sustainable development, pinned by the ambition of becoming a global chip production centre. Việt Nam Institute for Economic and Policy Research’s Vice President Nguyễn Quốc Việt spoke with Việt Nam News reporter Mai Linh on new competitive advantages for Việt Nam to remain an attractive destination for the quality and high technology capital inflow.
SHTP collaborates with Ansys to improve quality of semiconductor manpower (29/12/2023)
HCM City’s Sài Gòn Hi-Tech Park (SHTP) and US-based Ansys Software Pvt Ltd. (Ansys) on Thursday signed a Memorandum of Understanding (MOU) to collaborate to foster electronic design expertise and advance the semiconductor industry in Việt Nam.
HCM City’s Sài Gòn Hi-Tech Park (SHTP) and US-based Ansys Software Pvt Ltd. (Ansys) on Thursday signed a Memorandum of Understanding (MOU) to collaborate to foster electronic design expertise and advance the semiconductor industry in Việt Nam.
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