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 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 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 […]

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% […]