Việt Nam-Shandong investment and trade promotion conference opens (02/06/2023)
A conference on trade and investment promotion and economic cooperation between Việt Nam-Shandong (China) opened in Hà Nội on June 1.

PM wants congestion at border gates addressed (02/06/2023)
Prime Minister Pham Minh Chinh has directed ministries, agencies, and localities to take urgent measures to minimize goods congestion and promote the export of farm produce through northern border gates.

Vietnam to become a key driver of global trade growth (02/06/2023)
Vietnam’s exports are expected to reach $618 billion by 2030 for annual growth of 7 per cent, outpacing the global average of 5 per cent by a significant 2 percentage points, according to the “Future of Trade: New opportunities in high-growth corridors” report from Standard Chartered.

Ho Chi Minh City to boost online exports (01/06/2023)
The Department of Industry and Trade of Ho Chi Minh City has said it will join hands with cross-border e-commerce platforms to support local exporters in shipping products to the world on a larger scale and in a more professional way.

Rice, fruits bright spot amid Vietnam export slump (01/06/2023)
While exports of textiles, wood products and seafood plummeted in the first five months of 2023, those of rice and fruits have risen.

Turnaround in cashew industry: No 1 position shaken to its foundation (01/06/2023)
After being No 1 in cashew nut exports in the world for the last two decades, the unexpected reversal from a trade surplus to trade deficit has caused Vietnam’s cashew position to wobble.

Vietnam seeks to expand overseas markets for lychees, longans (01/06/2023)
The Ministry of Industry and Trade held a meeting with Vietnam Trade Offices abroad on May 31 to discuss ways to boost the exports of lychees and longans as many northern localities are harvesting the fruits.

Rice exports surge 40.8% in volume over five months (31/05/2023)
Vietnam earned US$2.02 billion from shipping 3.9 million tonnes of rice abroad in the first five months of the year, marking year-on-year increases of 49% in value and 40.8% in volume, respectively.

US extends duties investigation into plywood from Vietnam (31/05/2023)
The US Department of Commerce (DoC) has announced that it will extend the deadline for issuing its final conclusion on an anti-dumping tax evasion investigation into plywood imported from Vietnam, according to the Ministry of Industry and Trade’s Trade Remedies Authority.

Vietnamese firms participate in biggest food exhibition in RoK (31/05/2023)
More than 30 Vietnamese businesses are showcasing their products at a food exhibition in the Republic of Korea (RoK), which opened on May 30.

Slow recovery puts dent in export figures (30/05/2023)
Feeble global demands for consumption are expected to continue, making it hard for Vietnam to boost exports this year.

Agro-forestry-aquatic product exports drop 11% in five months (30/05/2023)
Agro-forestry-aquatic product exports were estimated at 20.26 billion USD in the first five months of 2023, down 11.1% year on year, according to the Ministry of Agriculture and Rural Development (MARD).

Việt Nam is South Korea’s 4th largest rubber supplier (30/05/2023)
Vietnamese rubber exports to South Korea in the first four months of 2023 totalled 12,470 tonnes, valued at US$18.92 million, up 5.6 per cent in volume but down 15 per cent in value year-on-year, according to statistics from the General Department of Customs.

Vietnam posts trade surplus of 9.8 billion USD in five months (30/05/2023)
Vietnam’s import-export value in the first five months of this year was estimated at 262.54 billion USD, down 14.7% year-on-year, with a trade surplus of 9.8 billion USD, the General Statistics Office (GSO) announced on May 29.

Ample room remains for Vietnamese exports to Africa (29/05/2023)
There remains an ample room for Vietnamese exports to Africa, as the country accounts for only 0.6% of the continent’s total import of 600 billion USD per year, according to the Ministry of Industry and Trade, given opportunities brought about by the African Continental Free Trade Area (AfCFTA) agreement.

PM urges VAT refunds for businesses (29/05/2023)
Prime Minister Pham Minh Chinh has ordered the Ministry of Finance (MOF) to streamline value added tax refund procedures to aid enterprises and residents.

Vietnamese durian gets more farming area codes for export to China (29/05/2023)
China has approved another 47 farming area codes and 18 packaging facility codes for importing durian from Việt Nam, according to Ministry of Agriculture and Rural Development.

Vietnam’s vegetable, fruit exports likely to hit 4 billion USD this year (29/05/2023)
As one of the few sectors reporting export turnover increase in the first quarter of 2023, Vietnam’s vegetable and fruit sector has a bright outlook to earn 4 billion USD in export revenue this year.

Vietnam up 12 places in business environment rankings (26/05/2023)
Vietnam has climbed 12 places in the Economist Intelligence Unit (EIU)’s latest business environment rankings, which measure the attractiveness of doing business in 82 countries based on 91 crucial indicators.

PYN Elite: Vietnam pushing for growth (26/05/2023)
Government’s focus remains very much on boosting economic growth and reaching targets, according to recent report.