Category Archives: News

Rice exports forecast to hit record-high $5B this year

Rice exports could generate a record US$5 billion this year if the current pace of shipment is maintained, a rice exporter has forecast. There is ample room for Vietnamese rice exports as demand in major rice importers such as the Philippines, Indonesia, China and Africa is huge. According to the Ministry of Agriculture and Rural […]

Chinese battery maker Sunwoda plans $300 mln additional investment in northern Vietnam

Sunwoda, a leading Chinese battery firm, plans to invest an additional $300 million at the Yen Lu Industrial Park in the northern province of Bac Giang. Sunwoda COO Xiang Haibiao told provincial authorities at a Tuesday meeting that the planned expansion was motivated by the favorable investment environment in Bac Giang, including support from the […]

Apple supplier Luxshare pushes $504 mln Vietnam investment to start operations in 2026

Luxshare-ICT (Vietnam) Limited, a subsidiary of major Chinese electronics producer Luxshare-ICT and a supplier for Apple, plans to put its $504-million project in Vietnam’s northern province of Bac Giang into operation in July 2026. The Bac Giang Industrial Zones Authority approved the additional investment of $330 million for the project in November 2023. It will […]

Pepper export value surges by 30%

Vietnam exported 142,586 tons of pepper worth US$634.2 million in the first half of this year, up 30.5% year-on-year in value. However, this marked a 6.8% year-on-year decline in volume, according to the Vietnam Pepper and Spice Association. The U.S. remains the largest importer of the Vietnamese spice with 37,435 tons, surging by 44.6% year-on-year, […]

Vietnamese rice export prices stay high in H1

The prices of Vietnamese rice increased strongly in many foreign markets in the first half of this year, according to statistics from the General Department of Vietnam Customs. The prices of Vietnamese rice increased strongly in many foreign markets in the first half of this year, according to statistics from the General Department of Vietnam […]

The startup ecosystem index of Vietnam has risen by two ranks globally

Da Nang city has entered the top 1,000 cities with the highest startup ecosystem index globally for the first time. According to the “Global Startup Ecosystem Index 2024” report published by StartupBlink, Vietnam’s startup ecosystem index has regained positive growth momentum in 2024. Specifically, Vietnam’s ranking in the global startup ecosystem index for 2024 has […]