The Vietnamese pepper industry aims to rake in approximately US$2 billion from exporting between 400,000 tonnes and 500,000 tonnes of pepper by 2025, according to details given by the Vietnam Pepper and Spices Association (VPSA).

The Vietnamese Trade Office in Indonesia has been taking various measures to actively support Vietnamese enterprises in entering Indonesia, given that it is a protected market with many non-tariff barriers, according to Trade Counsellor Pham The Cuong.

According to statistics of the General Department of Vietnam Customs, in February 2023, rubber exports reached more than 131 thousand tons, worth 185 million USD.

PSNews - According to Eurostat - The Statistical office of the European Union, Vietnam was the largest supplier of coffee to Spain in 2022, shipping 112,550 tonnes worth US$287 million, up 21.6% in volume and 78.9% in value year on year. 

Vietnam Airlines conducted the first regular flight from Beijing (China) to Hanoi on March 19 after a three-year suspension due to the COVID-19 pandemic.

In February, the US remained the biggest importer of Vietnamese goods with a revenue of about 6.9 billion USD, according to the General Department of Customs.

Vietnamese economic growth is projected to ease to 6.3% in 2023 from a robust figure of 8% last year, as services growth eases and higher prices and interest rates weigh on households and investors, according to details given by the World Bank (WB)’s latest Taking Stock report released on March 13.

Vietnamese automobile prices are substantially higher than those in other regional countries because of high taxes and low output, according to the Ministry of Industry and Trade.

PSNews - Vietnam's Cao Phong orange is sold at the Longdan supermarket chain in London and some other cities in the UK, marking the return of this specialty to the global market after over 40 years.

A high-level economic seminar between Vietnam and Japan was held in Hanoi on March 7 to explore new possibilities for bilateral relations towards the future.

Vietnam and Japan should continue to beef up their partnership in the field of development cooperation, while working closely together to settle all obstacles for projects using Japanese official development assistance (ODA) in Vietnam, Deputy Minister of Planning and Investment Tran Quoc Phuong said at a high-level Vietnam-Japan economic conference held in Hanoi on March 7.

Vietnamese seafood exports to the UK have maintained a high growth rate of 22% during the first two months of the year despite an annual fall of between 18% and 50% in 10 other large markets globally, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

The country has the potential to become the world's new production base in the current global supply chain transformation, according to Dr. Ho Quoc Tuan, senior lecturer at University of Bristol (UK).

With Vietnamese banana exports to Japan making up less than 1% of the Far East nation’s banana imports, there remains ample room for the export of bananas as well as other fruits to this market in the future, according to industry insiders.

European manufacturers are considering investing hundreds of millions of dollars in European manufacturersto build wind turbine plants as the country gears up to exploit its large untapped potential in offshore wind, Reuters cited sources familiar with the situation as reporting.

Commercial joint stock banks have continued to lower deposit interest rates since the middle of this month, a move that is expected to help reduce lending rates and support businesses.