Category Archives: News

Vietnam’s exports to the U.S. surged 24.4% year-on-year to $66.09 billion in the first seven months, the highest growth rate among its export markets. In the seven-month period, American buyers spent a monthly average of close to $9.6 billion on purchasing goods from Vietnamese suppliers. With the U.S. accelerating goods purchases for the year-end festive […]

The six leading economies in Southeast Asia, including Vietnam, the Philippines, Indonesia, Malaysia, Thailand, and Singapore, are projected to grow at an average annual rate of 5.1% over the next decade. This projection was released in a report on August 1 by the Development Bank of Singapore (DBS), consulting firm Bain & Company, and the […]

Vietnam’s pepper export earnings surged by 40.8% year-on-year to 764.2 million USD in the first seven months of this year, despite a slight decline of 2.2% in export volume, according to the Vietnam Pepper and Spice Association (VPSA). Vietnam’s pepper export earnings surged by 40.8% year-on-year to 764.2 million USD in the first seven months […]

Sumitomo Electric Industries (SEI), under Japanese keiretsu Sumitomo, will invest an additional $27.4 million in two projects for manufacturing flexible circuit boards in the capital city of Hanoi. Hanoi authorities have granted investment registration certificates to Sei Electronic Components (Vietnam), Ltd., a subsidiary of SEI. Of the additional investment, $22.4 million will go to one […]

Fishermen in central city of Da Nang transport tuna fish. Photo by VnExpress/Nguyen Dong Vietnam’s fisheries exports in the first half of 2024 were worth US$4.4 billion, up 6% year-on-year on higher demand in major markets like the U.S., China and the EU. Key items such as shrimp, pangasius and tuna did well, the Vietnam […]

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 […]

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 […]

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 […]

Vietnam’s clam and oyster exports to China have soared, achieving a total value exceeding US$2.7 million in the first five months of the year, marking a 119-fold increase from the same period last year. According to data from Chinese customs provided by the Agency of Foreign Trade under the Ministry of Industry and Trade, Vietnam’s […]

Vietnam’s digital economy will grow by an “astonishing” 11 times in nearly a decade, reaching $220 billion by 2030, around half of its current GDP, and artificial intelligence (AI) is expected to be a key driver of this growth, said Marc Woo, managing director, Vietnam, Google Asia Pacific. Woo made the content at the Creating […]