Vietnam recorded US$13.82 billion in foreign direct investment (FDI) as of April 30, representing a year-on-year rise of 39.9%, according to the Foreign Investment Agency under the Ministry of Finance. Foreign financiers registered US$5.59 billion across 1,204 new projects, down 23.8% in capital but up 14.1% in project numbers. Meanwhile, 540 projects had their capital […]

Vietnam is among six countries the U.S. has prioritized for negotiations on trade tariffs, with the first round scheduled for Wednesday, Prime Minister Pham Minh Chinh said. He was speaking Monday in the National Assembly, alluding to the complex and unpredictable global situation, particularly the U.S.’s high “reciprocal” tariffs, which it has deferred for 90 […]

Vietnam spent more than $1.8 billion importing 17.27 million tons of coal in Q1, primarily to fuel thermal power plants, according to the General Department of Customs. Coal import volume rose 16.7% year-on-year. However, value dropped by 7.7% due to a decline in the average import price to $105.18 per ton, down over 20%. The […]

The U.S. imported $111 million worth of Vietnamese fruits and vegetables in the first quarter, up 66% year-on-year. Dang Phuc Nguyen, general secretary of the Vietnam Fruit and Vegetable Association, said that the recent 46% tariffs that the U.S. announced on imports from Vietnam are unlikely to affect fruits and vegetables. He explained that the U.S. remains […]