News

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Vietnam remains world’s second largest shoe exporter

Vietnam has earned over US$2.8 billion from exporting shoes since the beginning of 2018, thus maintaining second position in the world in terms of shoe exports.                                          Vietnam remains world’s second largest shoe exporter - Photo: VNA According to the 2017 statistics of the World ...

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China overtakes the US as the largest import market for catfish from Vietnam

According to Vietnam Association of Seafood Exporters and Producers (VASEP), seafood exports in March 2018 increased by 16% to $US 279 million. The total export value in 3 months of 2018 reached more than $US 719 million, an increase of 16% over the same period. Accordingly, China surpasses the US as the largest importer from Vietnam. Catfish processing. Exports of catfish in March 2018 ...

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Vietnam’s coffee exports rake in US$1 billion in Q1

Vietnam exported up to 520,000 tonnes of coffee worth US$1 billion in the first quarter of 2018, an increase of 15.1 percnet in volume but a decrease of 1.7 pct in value compared to the same period last year. Vietnam exported up to 520,000 tonnes of coffee worth US$1 billion in the first quarter of 2018 According to the Ministry of Agriculture and Rural ...

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Promising prospects for exports to Australia

Under the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA), Australia will zero out 90 percent of import tariff lines in 2018, and 100 percent by 2020. This will create opportunities for Vietnamese businesses to boost exports to Australia. The Footscray Market in Melbourne, Australia sells plenty of Vietnamese dragon fruit VEN - A delegation of officials from the Australian Department of Agriculture and Water Resources ...

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Record-setting export results in first two months

In the first two months of 2018, Vietnamese exports continued to grow, setting new records. Wood businesses have received numerous export orders for 2018 Strong increases According to the Ministry of Industry and Trade (MoIT), the export value reached an estimated US$13.4 billion in February 2018 and US$33.6 billion in the first two months, up 22.9 percent compared with the same period last year. Specifically, the ...

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Vietnam Export: Spectacular Growth in 2017, Acceleration Expected in 2018

Vietnam's exports set many first-time milestones in 2017 and this will be strong momentum for a continued growth in 2018, said Deputy Minister of Industry and Trade Tran Quoc Khanh. Speaking at the Launch Ceremony of the 2017 Export-Import Report, Deputy Minister Tran Quoc Khanh, Chairman of the Editorial Board, said that, to achieve the spectacular export and import performances of Vietnam in 2017 ...

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Korean food firms moving to Vietnamese market

The Republic of Korea's distribution and food processing companies are shifting to Vietnam from China amid tougher business conditions and strained bilateral relations in the world's most populous market, the RoK’s Yonhap news agency reported.   A Lotte Mart outlet in Ho Chi Minh City. (Photo: Yonhap) RoK retail giant Lotte Group has been negotiating the sale of its hypermarket chain in China after ...

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New Zealand wine and food festival 2018 in HCMC

New Zealand wine and food festival was held on March 24, at RMIT University in District 7, Ho Chi Minh City. This is an annual event for New Zealand business leaders in food and beverage sectors to showcase New Zealand’s strength and celebrate New Zealand – Vietnam economic relationship. The festival delivered a positive surplus in 2017 which was allocated to Ba Chieu Home ...

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Vietnam- EAEU trade deal pushes exports to Russia

Russia is one of the important export markets of Vietnam, especially after the Vietnam-Eurasian Economic Union (EAEU) Free Trade Agreement took effect on October 5, 2016.                   Vietnam and Russia target two-way trade value of US$10 billion by 2020 - Photo: tapchitaichinh.vn Statistics released by the General Department of Vietnam Customs showed that in the first ...

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US$4.5 million for national trade promotion

The national trade promotion program in 2018 will support key sectors, markets and prioritize the development of brand names of some key products. Many businesses take opportunities to expand their market through the national trade promotion program - Photo: VNA The program with an approved budget of 103 billion VND (US$4.5 million) will implement 156 projects. It includes activities to develop markets and export ...

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