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Trade surplus reaches $24.3B in 11 months

Vietnam posted a trade surplus of US$24.31 billion in the first 11 months of 2024, according to the General Statistics Office. Its exports and imports totaled $715.55 billion during the period, up 15.4% from a year earlier, with November alone accounting for $66.4 billion, up 9% year-on-year. In the first 11 months, exports expanded by 14.4% from […]

Vietnam, US strengthen supply chain cooperation in global marketplace

HCM City (VNA) – The 2024 Vietnam-US Cooperation Forum, held in Ho Chi Minh City, focused on new US policy directions and opportunities to enhance bilateral economic and trade relations. The event was co-organised by Vietnam’s Ministry of Industry and Trade, the US Embassy in Vietnam, and AmCham Vietnam. Ta Hoang Linh, Director of the Europe-Americas […]

Seafood exports are forecast to reach an impressive 10 billion USD

The 2024 seafood export target of 10 billion USD is within reach, according to the Vietnam Association of Seafood Exporters and Producers (Vasep). In November, despite a slight slowdown, seafood exports still reached nearly 924 million USD, an increase of 17% over the same period in 2023. Overall, in the first 11 months of the […]

Vietnam earned nearly $1.1 billion from processed fruit and vegetable exports

Vietnamese products made from coconut, mango, and jackfruit are increasingly popular in international markets, helping export turnover reach nearly 1.1 billion USD in 10 months. According to data from the General Department of Customs, in October, processed fruit and vegetable exports reached 127 million USD, up nearly 28% over the previous month and 18% over […]

Vietnam allocated a total of 2.2 billion USD for importing rubber

Cambodia is the largest rubber supplier to Vietnam, followed by China and South Korea. Rubber, considered “white gold”, was once a key crop for export. However, prices have dropped sharply over the years, causing the growing area to shrink and farmers switching to other crops. As a result, Vietnam has had to increase imports of […]

Binh Duong attracted 42.39 billion USD in foreign capital

Binh Duong surpassed Hanoi to become second in the country in attracting foreign capital, with 42.39 billion USD, while Ho Chi Minh City is still the leader in attracting FDI. According to foreign investment (FDI) attraction data of the Ministry of Planning and Investment, by the end of November, Hanoi attracted nearly 42.2 billion USD, […]

Hai Phong Attracted An Additional 1.8 Billion USD Of FDI Capital

Hai Phong City has just awarded investment certificates to 12 projects with a total capital of 1.8 billion USD. The conference to award Investment Registration Certificates for projects in economic zones (EZs) and industrial parks (IPs) in the city took place on the afternoon of November 14. At the conference, Hai Phong City People’s Committee […]

Pangasius Exports Are Thriving, The Whole Year 2024 Will Reach 2 Billion USD

Citing data from the General Department of Customs, the Vietnam Association of Seafood Exporters and Producers (VASEP) said that pangasius exports in September 2024 reached 172 million USD, an increase of 3% compared to September 2023. In the first 9 months of 2024, pangasius exports will reach 1.5 billion USD, up 8% over the same […]

Import And Export Through The First Half Of November Exceeded 681 Billion USD

According to the latest preliminary statistics just announced by the General Department of Customs, Vietnam’s import and export value of goods in the first period of November 2024 (from November 1 to November 15, 2024) reached 33.44 billion USD, down 9.7% (equivalent to a decrease of 3.58 billion USD) compared to the results realized in […]

Vietnam Spent Close To 1.2 Billion USD On Rice Imports

In the first 10 months of the year, Vietnam spent nearly 1.2 billion USD to import rice, an increase of nearly 73% over the same period last year and a record level ever. According to the General Department of Customs, in the past 10 months, Vietnam exported nearly 7.8 million tons of rice, earning about […]

The Total Export Turnover Of The Agricultural Sector Reached Nearly 52 Billion USD

Exports of wood, pepper, seafood, and cashew nuts to the US increased by 26-96% in the first 9 months of the year. According to data from the Ministry of Agriculture and Rural Development, in 10 months, the total export turnover of the agricultural sector reached nearly 52 billion USD, up 20% over the same period […]

Gasoline Prices Currently Hover Around 21,000 VND Per Liter

Gasoline and oil prices increased by 110-500 VND per liter, kg from 3:00 p.m. today, after adjustment by the Ministry of Industry, Trade and Finance. The price of RON 95-III gasoline (a popular type on the market) increased by 330 VND, to 20,850 VND per liter. E5 RON 92 at 19,840 VND per liter, an […]