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Image: Reasons Why Many Vietnamese Don't Buy Cars at The Beginning of The Year

Reasons Why Many Vietnamese Don't Buy Cars at The Beginning of The Year

After the Lunar New Year holidays, many people in Vietnam tend to choose investment channels over buying cars, resulting in a downward trend in the country's automobile production.

Image: Coffee Prices in Vietnam's Central Highlands Surpass VND81,000 per Kilogram

Coffee Prices in Vietnam's Central Highlands Surpass VND81,000 per Kilogram

Coffee prices in Vietnam's Central Highlands region have continued an upward trend, setting new record highs. As of February 19th, robusta coffee beans were trading at over VND81,000 (USD3.5) per kilogram in the major coffee growing provinces of the region.

Image: Seafood enterprises alter strategies to maintain export orders

Seafood enterprises alter strategies to maintain export orders

Mr. Truong Huu Thong, Director of Thong Thuan Co., Ltd., said that right after the pandemic, the war hit the world economy severely, especially the European, Japanese and American markets. For Thong Thuan, these three markets account for more than 90% of the market share; however, they are all

Image: Getting back on track

Getting back on track

HCMC’s exports plunged to a 22-year low due to a nearly 17% year-on-year drop in the first quarter of this year, exposing the local manufacturing and export sectors to formidable challenges. Along with their efforts, businesses are seeking practical and timely support policies from the Government

Image: Exports of agro-forestry-fishery products plunge over 13% in Jan-Apr

Exports of agro-forestry-fishery products plunge over 13% in Jan-Apr

HCMC – Vietnam’s agro-forestry-fishery product exports reached US$15.66 billion in the first fourth months of the year, down 13.3% over the year-ago period. According to the Ministry of Agriculture and Rural Development, the country’s exports of agro-forestry-fishery products were estimated at

Image: Vietnam enjoys trade surplus of US$2.82 billion in Jan-Feb

Vietnam enjoys trade surplus of US$2.82 billion in Jan-Feb

HCMC – Vietnam exported goods worth US$49.44 billion in the first two months of the year, while spending US$46.62 billion on imports during the period, resulting in a trade surplus of US$2.82 billion, according to the General Statistics Office. Meanwhile, the country ran a trade deficit of US$0.3

Image: Vietnam sets 2023 export target of US$394 billion

Vietnam sets 2023 export target of US$394 billion

HCMC – Vietnam has set a target of exporting goods worth US$393-394 billion in 2023, up by US$22 billion or 6% against last year, said a trade official. It would be challenging to reach this export target as the country’s export sector has been facing issues such as high yet unsustainable export

Image: The dearth of new orders

The dearth of new orders

Vietnam’s export revenue shot up to a record high last year despite global economic uncertainties. However, anxiety has quickly emerged as new orders have begun to plunge. Bright prospect for Vietnam’s exports Figures released by the General Department of Vietnam Customs showed that import and

Image: Jan-Nov goods exports expand over 13%

Jan-Nov goods exports expand over 13%

HCMC – Vietnam’s merchandise exports in the year to end-November had amounted to an estimated US$342.21 billion, a rise of 13.4% over the same period of last year, according to the General Statistics. According to the Government news website (chinhphu.vn), processed and manufactured goods

Image: Vietnam’s exports to Germany grow

Vietnam’s exports to Germany grow

HCMC – Vietnam’s exports to Germany have grown strongly since the European Union–Vietnam Free Trade Agreement (EVFTA) came into force on August 1, 2020. Vietnam’s exports to Germany amounted to US$7.29 billion in 2021, and the first 10 months of this year saw the shipments continuing strong

Image: The consequences of the 'yellow card' are too great

The consequences of the 'yellow card' are too great

(VAN) Affected by the IUU 'yellow card', it will be difficulties one after another for Vietnam’s fisheries exports when the USA also applies IUU standards in the near future.

Image: Wood exports fear of US inflation

Wood exports fear of US inflation

(VAN) The US is the largest market of Vietnamese wood exports but inflation there is highly increasing causing a significant impact on the domestic wood industry.