US enterprises investing $11.94 billion in Vietnam by the end of 2024. At a dialogue with Prime Minister Pham Minh Chinh in Hanoi on May 13, US enterprises operating in Vietnam affirmed their commitment to sustainable, long-term investment in the country amid current challenges, according to a report from the Vietnam News Agency. The meeting […]
Vietnam recorded US$13.82 billion in foreign direct investment (FDI) as of April 30, representing a year-on-year rise of 39.9%, according to the Foreign Investment Agency under the Ministry of Finance. Foreign financiers registered US$5.59 billion across 1,204 new projects, down 23.8% in capital but up 14.1% in project numbers. Meanwhile, 540 projects had their capital […]
Vietnam is among six countries the U.S. has prioritized for negotiations on trade tariffs, with the first round scheduled for Wednesday, Prime Minister Pham Minh Chinh said. He was speaking Monday in the National Assembly, alluding to the complex and unpredictable global situation, particularly the U.S.’s high “reciprocal” tariffs, which it has deferred for 90 […]
Vietnam spent more than $1.8 billion importing 17.27 million tons of coal in Q1, primarily to fuel thermal power plants, according to the General Department of Customs. Coal import volume rose 16.7% year-on-year. However, value dropped by 7.7% due to a decline in the average import price to $105.18 per ton, down over 20%. The […]
The U.S. imported $111 million worth of Vietnamese fruits and vegetables in the first quarter, up 66% year-on-year. Dang Phuc Nguyen, general secretary of the Vietnam Fruit and Vegetable Association, said that the recent 46% tariffs that the U.S. announced on imports from Vietnam are unlikely to affect fruits and vegetables. He explained that the U.S. remains […]
Kết quả 63,77 tỷ USD đạt được trong tháng 2 đã đưa tổng kim ngạch xuất, nhập khẩu hàng hóa của Việt Nam sau 2 tháng đầu năm 2025 lên con số 127,07 tỷ USD, tăng 12% so với cùng kỳ năm 2024. Đáng chú ý, cán cân thương mại tiếp tục nghiêng về xuất […]
Coffee prices in Vietnam rose by 65% from 12 months ago to an all-time high of VND135,000 (US$5.3) per kilogram on Thursday after output was hit by the weather. Hoa, a farmer in Kon Tum, a major growing province in the Central Highlands, sold her entire harvest from late last year when prices peaked, raking in […]
Vietnam’s coconut exports exceeded US$1 billion for the first time last years, thanks to the new protocol with China and exporters’ effort to expand their markets. Exports of all coconut products surged 20% to nearly $1.1 billion, according to Vietnam Customs. Fresh coconuts alone jumped 61% to $390 million. Vietnam has 200,000 hectares of coconut […]
Pepper farmers in the Central Highlands are currently in the peak harvest season, and early-season selling pressure has pushed pepper prices down slightly. However, pepper prices are still very high, around 160,000 VND/kg – double the price at the same time last year. Currently, the average pepper export price is 6,650 USD/ton, up 68% over […]
China imported US$834 million worth of Vietnamese shrimp last year, surpassing the U.S. as the largest buyer of the seafood. The figure marked an increase of 39% year-on-year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). The U.S., meanwhile, imported $756 million. The decline in China’s supply due to unfavorable weather conditions […]