Category Archives: News

Coconut exports surpass $1B for the first time

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 prices remain high, pepper industry targets export value of 1.5 billion USD

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 replaces US as Vietnam’s largest shrimp export market

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 […]

Transportation services grow positively in February

Passenger transport estimated at 7.3 million. Transportation activities grew positively in February in terms of both passenger and cargo transport, according to the General Statistics Office (GSO). Passenger transport was estimated at 7.3 million people, a year-on-year increase of 12.4%. Of which,  4.2 million were international passengers, up 22% and 3.1 million were domestic, up […]

Vietnam emerges as key hub for int’l textile manufacturers

Vietnam’s textile sector, comprising around 7,000 companies and over 3 million workers, dedicates 80% of its production capacity to exports and 20% to domestic consumption. The industry’s growth is supported by a well-developed logistics network, a skilled workforce, and a stable political environment.   HCM City (VNA) – Vietnam’s strategic location, commitment to sustainability, and innovation […]

Vietnam to promote sustainable trade exchanges with EU

More measures will be actively deployed in response to the EU’s  “green growth policy” In his official dispatch  No. 17/CD-TTg, dated February 20, Prime Minister Pham Minh Chinh  requested several ministries to actively deploy measures to promote circular economy, sustainable production and consumption, and sustainable trade in line with EU’s “green growth policy,” according to […]

PM directs measures to boost economic growth, ensure GDP expansion of at least 8%

Under his Directive No. 05/CT-TTg, dated March 1, Prime Minister Pham Minh Chinh outlining key tasks and breakthrough solutions to drive economic growth   Prime Minister Pham Minh Chinh signed Directive No. 05/CT-TTg on March 1 to direct measures to boost economic growth, ensure GDP expansion of at least 8%. The Vietnam News Agency quoted […]