News

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Experts brainstorm to ensure sustainable exports

Trade promotion programs helped Vietnam cross the US$200 billion mark for the first time in the export of goods and commodities, according to 2017 data presented by the Vietnam Trade Promotion Agency (VIETRADE) at an April 24 forum in Hanoi on export promotion. The US$214 billion exports reflected a growth of 21.2 percent compared to 2016.  Vietnam Export Promotion Forum 2018 in Hanoi on April 24 VIETRADE ...

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Vietnam dominates Canada’s shrimp market

Vietnam’s shrimp export value to Canada reached US$27.7 million by March 2018, a year-on-year increase of 16 percent, according to Vietnam Association of Seafood Exporters and Producers (VASEP).                       Consumers in Canada increasingly prefer processed seafood, especially processed and frozen shrimps, due to their high usability. Shrimp dishes are increasingly becoming popular in restaurants ...

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Vietnam’s pangasius exports to China see strong growth

Revenues from exports of Vietnamese pangasius to China during the first four months of 2018 soared by 43% over the same period of last year to US$145 million, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).     China is now the largest importer of Vietnamese pangasius This figure means that China has overtaken the United States as the largest importer of ...

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Tea Industry Fears Export Price Squeeze

Although Vietnamese tea has been exported to more than 100 countries in the world, its export prices are always only as much as 60 - 70 per cent of the world price. There are many reasons for this reality and low quality, chemical residue and poor hygiene in processing are among the most pressing issues. Dr Nguyen Quoc Thinh, a branding specialist, said, Vietnam ...

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The secret to sustainable Vietnamese exports

Vietnamese brands are positioning themselves in the global market, and economists believe this will pave the way for the domestic business community to expand sustainable exports under Vietnamese brands.  Market research, branding One firm that appears to have cracked the code of penetrating foreign markets is the Secoin Building Material Corporation that exports its handmade tiles to 60 countries and territories. With 30 years ...

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Strong foreign market signals for Vietnamese steel

The General Department of Vietnam Customs reports that in the first quarter of 2018, Vietnam’s steel exports soared 38.5 percent and steel imports fell 25.4 percent compared to the same period last year.   Steel exports hit 519,000 tonnes worth US$390 million in March (up 8.9 and 15.8 percent from March 2017, respectively), taking the total to 1.43 million tonnes worth US$1.04 billion in ...

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First direct shipment of US corn arrives in Vietnam

The first direct shipment of US corn to Vietnam has arrived in the country with the assistance of the Quang Ninh Port Joint Stock Company in the Port of Cai Lan, the United States Department of Agriculture (USDA) and the United States Grains Council representatives.                Tran Trong Nghia, US Grains Council's Vietnam Representative; Manuel Sanchez, US Grains Council's Regional ...

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Optimistic export growth forecast for 2018

The export value reached US$54.3 billion in the first quarter of 2018, up 22 percent compared with the same period last year. The Ministry of Industry and Trade (MoIT) forecasts exports will reach US$235.5 billion by the year’s end, a 10 percent increase over 2017.  Telephones are among the products with the highest export value In previous years, Vietnam often faced an export growth ...

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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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