Trade

Exports

Vietnam’s aquaculture top position on world map

The growth in Vietnam’s seafood export turnover in recent years has been created from the foundation of the aquatic farming, exploitation and processing industry.Vietnam’s aquaculture industry has not only served the sizable domestic market with a population of about 100 million but also gradually conquered ...

Ample room for rice exports

Vietnam’s rice exports rose strongly by nearly 45% in value in the first months of the year, while many enterprises did not have sufficient rice to export, given the increasing global demand for food.According to Nguyen Ngoc Nam, chairman of the Vietnam Food Association (VFA), Vietnam’s ...

Trung Chanh

The reverse side of export growth

In recent years, Vietnam’s export revenue has soared in tandem with a rising number of lawsuits filed against local companies.In the eyes of Vietnamese businesses, the signings of 15 FTAs have minimized the use of tariff barriers for free flow trade, but it has paradoxically ...

Hung Le, Ngoc Nguyen

Annual report on FDI in Vietnam released for the first time

The Vietnam Association of Foreign-Invested Enterprises (VAFIE) has just unveiled its first annual 2021 FDI report to provide a comprehensive assessment of the results of foreign direct investment attraction, the business activities of foreign-invested enterprises, and to analyse the nation’s investment environment.The annual report provides ...

Rice industry must diversify products: experts

Despite having great potential, Vietnamese rice-based products remain rudimentary and unpolished, severely hampering their ability to compete on the global market, according to industry experts.According to the Department of Agro-Processing and Market Development under the Ministry of Agriculture and Rural Development (MARD), Vietnam’s exports of ...

Rice exports set to skyrocket, renewable energy in high demand: trade minister

Việt Nam may take a global lead in rice exports for the year 2020, said Minister of Industry and Trade Trần Tuấn Anh in a report to the National Assembly on Monday (15/6).Speaking to the NA, the minister said as countries were trying to raise ...

Decisive reforms needed for Vietnam to get full EVFTA benefits: WB

Vietnam needs to fill major legal gaps and address key implementation issues to reap the full benefits of the European Union Vietnam Free Trade Agreement (EVFTA) to be ratified by Vietnam’s National Assembly in May, according to a new World Bank report.The report cites the ...

Escalating trade war to hit Vietnam’s exports

The intensifying trade war between China and the U.S. threatens to derail Vietnam’s export growth with the weakening of the Chinese yuan. Vietnam’s exports in the first six months rose 7.2 percent year-on-year, lower than the average growth of 11.6 percent in the last five years, ...

Dat Nguyen

Vietnam’s coffee exports plummet as robusta prices fall

The sharp fall in export earnings was caused by the price of robusta coffee falling in London due to a global glut, with Vietnam getting the lowest rates of all exporters.The price is decided by rates fixed on global coffee trading floors at the time ...

Internal, external factors challenge Vietnam’s coffee exports

Numerous challenges are facing the export of Vietnamese coffee, which has continually declined in both volume and value since the beginning of this year.According to Acting Director of Agro Processing and Market Development Department – Nguyen Quoc Toan, Global coffee prices have been affected by ...

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