Category Archives: News

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 […]

1H retail sales of goods and services reach $121.7 bln

The figure representing a year-on-year increase of 8.6%. Vietnam’s total retail sales of consumer goods and services in the first half of 2024 were estimated at over VND3 quadrillion ($121.7 billion), up 8.6% compared to the same period last year, figures from the General Statistics Office of Vietnam (GSO) show. Of which, the total retail […]

Total registered capital estimated at $29.2 billion.

Total registered capital estimated at $29.2 billion. Around 15,720 new enterprises were established in June with total registered capital of VND143.01 trillion ($5.61 billion), figures from the Business Registration Management Agency at the Ministry of Planning and Investment show. The figures represent a year-on-year increase of 13.1% in number of businesses and 3.1% in registered […]