Data presented at the “Conference to review the development of the European – American market in 2024 and deploy tasks for 2025” showed that in 2024, the import-export turnover between Vietnam and the European – American market witnessed a strong recovery and growth compared to 2023. Total import-export turnover in 2024 is estimated at about […]

According to the General Department of Vietnam Customs, in 2024, bilateral trade turnover between Vietnam and the Russian Federation reached 4.59 billion USD, an increase of 26.4% compared to 2023. Of which, exports reached 2.34 billion USD, an increase of 34.5%; imports reached 2.25 billion USD, an increase of 19%. The trade surplus with the […]

According to statistics from the General Department of Customs, in 2024, cassava and cassava products will be exported to 2.62 million tons, worth 1.15 billion USD, down 11.1% in volume and 11.4% in value compared to 2023. The Import-Export Department, Ministry of Industry and Trade, stated that in 2024, although cassava and cassava products exports […]

The Vietnam Leather, Footwear and Handbag Association said that despite facing many difficulties, the export of the leather, footwear and handbag industry in 2024 is still estimated to reach 27.04 billion USD, an increase of 11.45% compared to 2023; of which, footwear exports reached 23.24 billion USD, an increase of 13.16% and suitcases-bags-briefcases reached 3.8 […]

Synthesizing information on the cooperation and trade situation between Vietnam and CPTPP member markets by the Center for Industry and Trade Information (Ministry of Industry and Trade) shows that in 2024, two-way trade turnover between Vietnam and the CPTPP market is estimated to reach 102.1 billion USD, up 6.8% compared to 2023, accounting for 13.1% […]

According to statistics from the Import-Export Department, Ministry of Industry and Trade, the total import-export turnover between Vietnam and the Philippines by the end of November 2024 has officially exceeded 8 billion USD (8.042 billion USD). Specifically, Vietnam’s export turnover to the Philippine market in the first 11 months of 2024 reached 5.758 billion USD, […]

At the conference summarizing the Industry and Trade sector of Dong Thap province in 2024, the Department of Industry and Trade of Dong Thap province said that in 2024, the province’s export turnover in 2024 is estimated to reach 2 billion USD, an increase of more than 53% compared to 2023, reaching more than 142% […]

Mr. Phung Duc Tien, Deputy Minister of Agriculture and Rural Development, said that the estimated export turnover of fruits and vegetables in 2024 will reach 7.12 billion USD, an increase of 27.1% compared to 2023. This is the first year that the fruit and vegetable industry has reached and surpassed the threshold of 7 billion […]

Vietnam’s e-commerce market is estimated at US$22 billion, the third largest in Southeast Asia behind only Indonesia ($65 billion) and Thailand ($26 billion). The market has grown by 18% from last year, the third fastest rate behind the Philippines (23%) and Thailand (19%), according to the annual “e-Conomy SEA 2024” report by Google, Temasek and […]

Vietnam is expected to lead ASEAN in growth this year with a GDP expansion rate of 7%, driven by manufacturing and trade, according to lender HSBC. The forecast is grounded on strong performances in the second and third quarter with growth rates of 6.9% and 7.4% respectively, the bank said in a note. Vietnam is […]

At the conference to summarize the implementation of socio-economic development tasks in 2024, and to disseminate and deploy tasks in 2025 of the Ho Chi Minh City People’s Committee on December 26, Mr. Duong Ngoc Hai, Permanent Vice Chairman of the Ho Chi Minh City People’s Committee, said that in 2024, despite facing many difficulties […]

A total of 120 foreign suppliers have registered, declared, and paid taxes worth more than VND8.68 trillion (US$340.6 million) through the General Department of Taxation’s e-portal this year. This amounted to 74% of the annual target and marked a 26% year-on-year increase. According to the department, foreign withholding tax collected from companies offering cross-border digital […]