Coffee exports are projected to reach a record US$5.6 billion this year, driven by rising global coffee prices. Nguyen Nam Hai, Chairman of the Vietnam Coffee and Cocoa Association, noted that the recent surge in world coffee prices has also pushed up domestic prices. He explained that while prices might fluctuate as Vietnam’s main coffee […]

With double-digit growth in key markets, Vietnam’s shrimp exports are projected to rake in $4 billion in 2024, according to insiders. While this figure is lower than the record of $4.3 billion achieved in 2022, it marks a strong recovery compared to 2023, when shrimp exports totalled only $3.4 billion. This recovery highlights the resilience […]

Vietnam’s agro-forestry-fisheries exports are projected to reach over $62 billion in 2024, and continue to grow next year, heard at a conference in Ho Chi Minh City on December 16. Speaking at the conference on export promotion in Ho Chi Minh City, Deputy Director of the Department of Quality, Processing, and Market Development under the […]

On December 19, the General Department of Customs announced data showing that Vietnam’s total import-export turnover reached 745 billion USD in the period from January 1 to December 14, 2024, recording an impressive growth of 15.3% over the same period in 2023. This result shows the recovery and strong growth of the Vietnamese economy in […]

As of the end of November, Vietnam spent 1.4 billion USD to import more than 5.3 million tons of wheat, according to the General Department of Customs. According to the General Department of Customs, Vietnam’s wheat import volume increased by 35% in the first 11 months of the year, to more than 5.3 million tons. […]

UOB forecasts Vietnam’s GDP growth to reach 6.4% in 2024 and increase to 6.6% in 2025, thanks to strong internal factors and improvements in many economic sectors…. Continuing the steady growth momentum in Q3/2024, UOB Bank forecasts that Vietnam’s economy will continue to grow well in Q4. Accordingly, Vietnam’s GDP growth is forecast to reach […]

Binh Duong surpassed Hanoi to become second in the country in attracting foreign capital, with 42.39 billion USD, while Ho Chi Minh City is still the leader in attracting FDI. According to foreign investment (FDI) attraction data of the Ministry of Planning and Investment, by the end of November, Hanoi attracted nearly 42.2 billion USD, […]

Hai Phong City has just awarded investment certificates to 12 projects with a total capital of 1.8 billion USD. The conference to award Investment Registration Certificates for projects in economic zones (EZs) and industrial parks (IPs) in the city took place on the afternoon of November 14. At the conference, Hai Phong City People’s Committee […]

Citing data from the General Department of Customs, the Vietnam Association of Seafood Exporters and Producers (VASEP) said that pangasius exports in September 2024 reached 172 million USD, an increase of 3% compared to September 2023. In the first 9 months of 2024, pangasius exports will reach 1.5 billion USD, up 8% over the same […]

According to the latest preliminary statistics just announced by the General Department of Customs, Vietnam’s import and export value of goods in the first period of November 2024 (from November 1 to November 15, 2024) reached 33.44 billion USD, down 9.7% (equivalent to a decrease of 3.58 billion USD) compared to the results realized in […]