Regarding the forestry sector situation in 2024, Mr. Tran Quang Bao, Director of the Forestry Department, said that many results have been achieved, from forest development to exploitation, processing, and export of forest products. Specifically, the area of ​​newly planted concentrated forests in 2024 is estimated at more than 270 thousand hectares, an increase of […]

According to the Management Board of Ho Chi Minh City Export Processing and Industrial Zones, as of early December 2024, the total investment capital attracted, including new and adjusted investment capital, into the City’s export processing and industrial zones reached 491.70 million USD, reaching 89.40% of the annual plan, down 51.43% over the same period. […]

According to Mr. Vu Duc Giang, Vietnam Textile and Apparel Association, many enterprises in the industry recorded an increase in orders in 2024 and 2025. In the context of the world situation continuing to be complicated, freight rates fluctuated strongly, economic and trade recovered slowly, total global investment decreased… but the Vietnamese textile and garment […]

It is expected that in 2025, the total electricity production and import will reach 347.5 billion kWh, an increase of about 12.2% compared to 2024, of which the total power source capacity (excluding rooftop solar power) will increase by 6.2%. According to the representative of the Ministry of Industry and Trade, the electricity supply situation […]

In Australia, in the days before Christmas and New Year 2025, it is not uncommon in coffee shops to hear conversations about tourism to Vietnam and doing business in Vietnam. The phrase “the era of growth” is mentioned with many expectations about cooperation opportunities with Vietnam. This is the opinion of Mr. Nguyen Phu Hoa, […]

Coffee exports are projected to reach a record US$5.6 billion this year, driven by rising global coffee prices. Nguyen Nam Hai, Chairman of the Vietnam Coffee and Cocoa Association, noted that the recent surge in world coffee prices has also pushed up domestic prices. He explained that while prices might fluctuate as Vietnam’s main coffee […]

With double-digit growth in key markets, Vietnam’s shrimp exports are projected to rake in $4 billion in 2024, according to insiders. While this figure is lower than the record of $4.3 billion achieved in 2022, it marks a strong recovery compared to 2023, when shrimp exports totalled only $3.4 billion. This recovery highlights the resilience […]

Vietnam’s agro-forestry-fisheries exports are projected to reach over $62 billion in 2024, and continue to grow next year, heard at a conference in Ho Chi Minh City on December 16. Speaking at the conference on export promotion in Ho Chi Minh City, Deputy Director of the Department of Quality, Processing, and Market Development under the […]

On December 19, the General Department of Customs announced data showing that Vietnam’s total import-export turnover reached 745 billion USD in the period from January 1 to December 14, 2024, recording an impressive growth of 15.3% over the same period in 2023. This result shows the recovery and strong growth of the Vietnamese economy in […]

As of the end of November, Vietnam spent 1.4 billion USD to import more than 5.3 million tons of wheat, according to the General Department of Customs. According to the General Department of Customs, Vietnam’s wheat import volume increased by 35% in the first 11 months of the year, to more than 5.3 million tons. […]

UOB forecasts Vietnam’s GDP growth to reach 6.4% in 2024 and increase to 6.6% in 2025, thanks to strong internal factors and improvements in many economic sectors…. Continuing the steady growth momentum in Q3/2024, UOB Bank forecasts that Vietnam’s economy will continue to grow well in Q4. Accordingly, Vietnam’s GDP growth is forecast to reach […]

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 […]