China is the largest export market of Vietnamese fruits and vegetables, accounting for nearly 65 per cent of the total fruit and vegetable export value, according to Đặng Phúc Nguyên, general secretary of the Việt Nam Fruit and Vegetable Association.
Urea prices have risen by 10% in September and 30% since July after China banned the export of the fertilizer to keep domestic prices under control.
A Vietnamese pavilion with local major coffee brands opened at the 5th World Coffee Conference & Expo (WCC) in Bengaluru city, India, on Monday.
The agriculture ministry is scheduled to work with the European Commission inspection team during October 10 - 18 over Vietnam’s efforts to combat illegal, unreported, and unregulated (IUU) fishing.
Export value at $242.04 billion for 2023 as of September 15.
Cashew exports are likely to strongly rebound by the end of the year after significant growth in both volume and value in the past eight months of this year, industry insiders have said.
Vietnam’s tra fish exports to the US are expecting a better outlook in the remaining months of this year after receiving some good news.
To maintain a high growth rate of exports, it was necessary to target new trends, including semiconductors, said experts.
The United States imported 33,728 tonnes of Vietnamese pepper worth US$135.23 million in the first eight months of the year, becoming the largest consumer of the Vietnamese product in the world, according to the General Department of Vietnam Customs.
The nation is currently the eighth largest rubber supplier to the Japanese market, behind only Indonesia, Thailand, the Republic of Korea, Singapore, and the United States, according to the Import-Export Department under the Ministry of Industry and Trade.
Nearly 1,000 foreign enterprises from 28 countries and territories, including giants such as Boeing, Walmart, and Central Retail, have entered Vietnam to explore investment opportunities and seek partners since early September.
Experts have called for policies to support investment in high technology, which they said will help Vietnam grasp the opportunities in luring foreign direct investment (FDI) and at the same time avoid becoming the venue of low-quality and small-scale projects.
An array of investor-friendly attributes are transforming Vietnam into one of Southeast Asia’s most powerful magnets for foreign direct investment (FDI), magazine Global Finance of the United States recently wrote in its article “Vietnam’s Great Expectations”.
The Vietnam Stock Exchange (VNX) said it has become an official member of the World Federation of Exchanges (WFE) following voting by the WFE General Assembly as part of the federation’s annual meeting from September 19-21.
Vietnam is increasingly playing an important role in Apple’s supply and manufacturing chain, with its key suppliers ramping up operations in the country.
SK Group, one of the largest companies in South Korea, and its subsidiaries continue to bolster investment in Vietnam across various fields.
Secretary-General of the Permanent Court of Arbitration Marcin Czepelak said that the court will create favourable conditions for Việt Nam to participate in training courses and work at the PCA.
Project to Attract Investment - Ho Chi Minh City
Vietnamese Prime Minister Pham Minh Chinh convinced Brazilian firms to do business in Vietnam which is an attractive investment destination globally at a roundtable discussion in Sao Paolo on September 24.
Prime Minister Pham Minh Chinh, who is in the US for the high-level week of the UN General Assembly’s 78th session, had a seminar and a working dinner with leaders of multinational businesses and leading US investment funds in New York on September 21 (local time).