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Vietnam’s pepper industry spices up export earnings despite volume dip

Vietnam’s pepper export earnings surged by 40.8% year-on-year to 764.2 million USD in the first seven months of this year, despite a slight decline of 2.2% in export volume, according to the Vietnam Pepper and Spice Association (VPSA). Vietnam’s pepper export earnings surged by 40.8% year-on-year to 764.2 million USD in the first seven months […]

Sumitomo Electric Industries to invest $27 mln more in Hanoi to make flexible circuit boards

Sumitomo Electric Industries (SEI), under Japanese keiretsu Sumitomo, will invest an additional $27.4 million in two projects for manufacturing flexible circuit boards in the capital city of Hanoi. Hanoi authorities have granted investment registration certificates to Sei Electronic Components (Vietnam), Ltd., a subsidiary of SEI. Of the additional investment, $22.4 million will go to one […]

Fisheries exports grow by 6% in H1

Fishermen in central city of Da Nang transport tuna fish. Photo by VnExpress/Nguyen Dong Vietnam’s fisheries exports in the first half of 2024 were worth US$4.4 billion, up 6% year-on-year on higher demand in major markets like the U.S., China and the EU. Key items such as shrimp, pangasius and tuna did well, the Vietnam […]

Rice exports forecast to hit record-high $5B this year

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 […]

Chinese battery maker Sunwoda plans $300 mln additional investment in northern Vietnam

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 […]

Apple supplier Luxshare pushes $504 mln Vietnam investment to start operations in 2026

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 surge nearly 120-fold

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 to reach $200 bln by 2030, circa half of current GDP: Google

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 […]

Pepper export value surges by 30%

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, […]

Tra fish export to CPTPP market reaches 114 mln USD as of June 15

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 […]

Index of industrial production up 0.44% in six months

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 […]

Vietnamese rice export prices stay high in H1

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 […]