Vietnam’s auto market is catching up in size with that of Thailand, with the gap narrowing by almost 80% last year. Thai auto sales exceeded Vietnam’s by 370,000 units in 2023, but the figure shrank to just 78,000 last year. Thai sales fell by 26% to 572,700 vehicles, but in Vietnam there was a 22% […]
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In 2025, the forestry sector is assigned the target of exporting over 18 billion USD of wood and wood products. Forecasts show that the United States will continue to be a bright spot for Vietnam’s wood export industry in 2025. On the contrary, demand may decline from the Chinese and EU markets… According to data […]
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’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 […]
In January 2025, the two-way trade turnover between Vietnam and Singapore reached more than 3.39 billion SGD, an increase of 16.83%. Of which, exports from Vietnam to Singapore reached 794 million SGD, an increase of 16.97% and imports from Singapore to Vietnam were about 2.6 billion SGD, an increase of 16.79%… According to statistics from […]
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 […]
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 […]
SMC Manufacturing Vietnam, under Japanese pneumatic instrument producer SMC, aims to start its $330 million expansion in Vietnam from July. The firm received an investment registration certificate for the move in Dong Nai province earlier this month, increasing its total investment to $999.4 million. SMC Manufacturing Vietnam started investing in Dong Nai, an industrial hub in […]
Tháng 1/2025 kim ngạch thương mại hai chiều Việt Nam – Singapore đạt hơn 3,39 tỷ SGD, tăng 16,83%. Trong đó xuất khẩu từ Việt Nam sang Singapore đạt 794 triệu SGD, tăng 16,97% và nhập khẩu từ Singapore vào Việt Nam khoảng 2,6 tỷ SGD, tăng 16,79%… Thương vụ Việt Nam tại Singapore cho […]
Data presented at the “Conference to review the development of the European – American market in 2024 and deploy tasks for 2025” showed that in 2024, the import-export turnover between Vietnam and the European – American market witnessed a strong recovery and growth compared to 2023. Total import-export turnover in 2024 is estimated at about […]