Vietnam is likely to achieve an economic growth rate of 6.33% this year as the target of 6.7% is unfeasible.
Truong Hai Auto Corporation (Thaco) held a ceremony in the central coastal province of Quang Nam on December 28 to hand over 15 Vietnamese branded buses for export to the Philippines.
South Africa’s In2Fruit company has signed a contract with Vietnam’s Fruit One counterpart to export fresh grape to Vietnam, according to South Africa’s Department of Trade and Industry.
PSNews – According to the General Department of Vietnam Customs, as of August 15, the value of a number of Vietnamese export lines reached one billion USD and above.
Vietnam gained a trade surplus of 1.59 billion USD in the first half of this year, according to the latest statistics from the General Department of Customs.
Vietnam’s export of electric wires and cables during November reached US$150 million, bringing the total export turnover during 2018 to nearly US$1.6 billion.
Wood industry players in Vietnam are expected to make leaps and bounds to help make Vietnam become the world’s second largest interior furniture exporter, after China, within the next 7-8 years.
Vietnam enjoyed a high trade surplus of US$5.39 billion for the first 9 months of the year with export turnover is forecast to touch US$239 billion this year.
The Middle East is currently the best selection for Vietnamese exporters of canned tuna to expand market in the context that the consumption demand in such traditional markets as the US and the EU are experiencing a slowdown, the Vietnam Association of Seafood Exporters and Producers (VASEP) said.
Vietnam exported 1.46 million tonnes of coffee worth US$2.77 billion in the first three quarters of 2018, an increase of 20.1% in volume and 0.4% in value compared to the same period last year.
The Prime Minister has issued Directive No. 25/CT-TTg, urging for drastic solutions to boost production and promote exports.
The first batch of Laba banana - a specialty of Vietnam’s Central Highland province of Lam Dong – has been exported to Japan.
Song Ma district in northern Son La province has exported 40 tons of longans to China according to a legal channel, according to the provincial Department of Industry and Trade.
The direct exports to foreign distribution systems are considered to be an efficient and sustainable method, which many Vietnamese exporters are pursuing.
As the exchange rate between USD and Vietnamese dong has surged in the past two months, exporters are eager for extra profits they can earn for each batch of goods. However, importers will have to pay more for their goods.
Vietnam recorded a trade surplus of US$44.95 billion with the G7 (France, Germany, Italy, Japan, the UK, the US and Canada) last year, according to the latest statistics from the General Department of Vietnam Customs.
High anti-dumping tariff and the US Seafood Import Monitoring Programme (SIMP) are now key barriers facing Vietnamese shrimp exporters.
Many Vietnamese fruits have hit supermarket shelves in the US, Australia, Japan, and Thailand and are being sold at much higher prices than on the domestic market.
Vietnam shipped nearly 6 million tones of rice in 2017, up one million tones compared to the year before. Continuing the success, since the beginning of 2018, many enterprises have earned high price orders, helping to increase the domestic rice prices by 30%.
Vietnam exported over one billion pairs out of 23 billion pairs of shoes sold worldwide in 2017, continuing to maintain the second position (after China) in shoes export.