Cinnamon exports surge by 75% in May

Vietnam exported 11,176 tons of cinnamon worth US$31.1 million in May, up 75% in volume and 63% in value from the previous month. India, Bangladesh and the U.S. were the three main export markets of Vietnamese cinnamon with 4,514 tons, 1,693 tons, and 1,043 tons respectively. Notably, cinnamon exports to some markets saw a sudden […]

Hong Kong battery maker plans $5.5 mln additional investment in southern Vietnam

The Singapore subsidiary of Hong Kong-based Leoch Battery will invest an additional $5.5 million in its project in Binh Phuoc, the largest province in southern Vietnam. According to an investment certificate recently granted by Binh Phuoc authorities to Leoch International Holding PTE. Ltd., the extra investment will increase the firm’s total investment to $35.1 million. […]

Việt Nam sở hữu một mặt hàng xứng danh “ngon bổ rẻ” được người châu Âu liên tục săn đón, xuất khẩu thu về hàng trăm triệu USD từ đầu năm

Xuất khẩu mặt hàng này của Việt Nam đã tăng 51% so với cùng kỳ năm ngoái. Theo số liệu thống kê của Hải quan Việt Nam, từ năm 2021 trở lại đây xuất khẩu cá ngừ đóng hộp của Việt Nam liên tục tăng cao. Kim ngạch xuất khẩu đã tăng từ mức 169 […]

Retail sales, services revenue rises 8.7% in 5 months

Retail sales and services revenue during January-May increased by 8.7% year-on-year to over VND2.58 quadrillion (US$101.3 billion), according to the General Statistics Office. Revenue from retail sales of goods was estimated at more than VND1.99 quadrillion, accounting for 77.5% of the total and up 7.4% from the same period last year. Of the total, retail […]

Vietnam factory activity improves for second straight month: S&P Global

The Vietnam Manufacturing Purchasing Managers’ Index (PMI) remained unchanged at 50.3 in May, signaling another marginal monthly improvement in business conditions in the sector, S&P Global said in its monthly report. New orders increased solidly again in May, as strengthening demand helped firms to secure new customers. However, the rate of expansion was slightly softer […]

CPI in May rises 0.05%

Rising prices for pork and household electricty the main contributors. The consumer price index (CPI) in May increased 0.05% against April, the General Statistics Office (GSO) announced on May 29. The increase was mainly driven by rising prices for pork as a result of the supply shortage after the African swine fever epidemic at the […]