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 […]

Vietnam exported 142,586 tons of pepper worth US$634.2 million in the first half of this year, up 30.5% year-on-year in value. However, this marked a 6.8% year-on-year decline in volume, according to the Vietnam Pepper and Spice Association. The U.S. remains the largest importer of the Vietnamese spice with 37,435 tons, surging by 44.6% year-on-year, […]

Vietnam raked in 114 million USD from tra fish export to the signatory nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) as of June 15, a year-on-year increase of 10%, according to the General Department of Vietnam Customs. Vietnam raked in 114 million USD from tra fish export to the signatory nations […]

The index of industrial production (IIP) in the first half of 2023 grew by only 0.44% compared to the same period last year due to decreasing orders, falling demand and rising input costs, according to the General Statistics Office (GSO). The office pointed out that, in the period, the IIP of some key industries increased […]

The prices of Vietnamese rice increased strongly in many foreign markets in the first half of this year, according to statistics from the General Department of Vietnam Customs. The prices of Vietnamese rice increased strongly in many foreign markets in the first half of this year, according to statistics from the General Department of Vietnam […]

Da Nang city has entered the top 1,000 cities with the highest startup ecosystem index globally for the first time. According to the “Global Startup Ecosystem Index 2024” report published by StartupBlink, Vietnam’s startup ecosystem index has regained positive growth momentum in 2024. Specifically, Vietnam’s ranking in the global startup ecosystem index for 2024 has […]

The figure representing a year-on-year increase of 8.6%. Vietnam’s total retail sales of consumer goods and services in the first half of 2024 were estimated at over VND3 quadrillion ($121.7 billion), up 8.6% compared to the same period last year, figures from the General Statistics Office of Vietnam (GSO) show. Of which, the total retail […]

Total registered capital estimated at $29.2 billion. Around 15,720 new enterprises were established in June with total registered capital of VND143.01 trillion ($5.61 billion), figures from the Business Registration Management Agency at the Ministry of Planning and Investment show. The figures represent a year-on-year increase of 13.1% in number of businesses and 3.1% in registered […]