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 ...
Mineral misery: Vietnam salt farmers battered by imports, climate
The work is punishing and the incomes unstable, subject to seesawing demand swayed by foreign imports, and increasingly unpredictable weather patterns.Vietnam produced about one million tonnes of salt in 2015, according to the latest official data, and often clocks surpluses, but it still ships salt ...
AFP
Fitch revises Vietnam outlook upwards to positive
Global credit rating agency Fitch said Vietnam will remain one of the fastest growing economies in the Asia-Pacific region. The firm announced the revision of Vietnam’s outlook to Positive from stable on Thursday, affirming that the country will keep its ‘BB’ sovereign credit rating.The agency ...
Hung Le
Six key economic issues discussed at Private Sector Economic Forum
The discussions at the Vietnam Private Sector Economic Forum being held in Hanoi with government agencies, over 2,500 businesses and hundreds of experts and executives taking part, are being livestreamed on VnExpress, the two-day event’s co-organiser, and its other media outlets. Six sessions are scheduled, each to ...
Pham Van
First Vietnamese mango export to the US
The Mekong Delta province of Dong Thap has become the first locality in Vietnam to export mangoes to the US, according to an announcement on April 18.Nguyen Thi Hong Thu, director of Chanh Thu Fruits Import and Export Ltd Co, said the company shipped the first ...
First trans-Pacific direct shipping line from Hai Phong opens
A Trans-Pacific transshipment service connecting the Hai Phong International Container Terminal (HICT) in northern Vietnam with the west coast of the US and Canada is now officially underway, shortening freight time by eight days.The momentous event affirms HICT’s capacity to berth large mother vessels and ...
S&P raises Vietnam’s credit rating with stable outlook
Standard and Poor’s (S&P) Global Ratings’ recent upgrade of its long-term sovereign credit rating for Vietnam, the first time since 2010, was expected to help the country to attract more foreign investments into the economy and expand exports.In August 2018, credit rating agency Moody’s Investors ...
Vietnam faces threat of trade deficit in 2019
Việt Nam faces a possible return to a trade deficit this year after three years of enjoying surpluses, experts said pointing to the sharp rise in imports and increasing difficulties facing exports.Keep reading ...
VNS Reporter
Better links with FDI firms can aid local businesses
Over the past 20 years Việt Nam has embraced trade and successfully integrated into key global value chains. Việt Nam’s gross exports have expanded at an average rate of 18 per cent over the past decade, when overall global trade expanded at just 3.5 per ...
VNS Reporter
CPTPP trade deal officially takes effect
The 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) officially came into force on December 30, creating a free trade area covering more than a tenth of the global economy.The CPTPP will cut tariffs on agricultural and industrial products, ease investment regulations and enhance protection ...
