Trade surplus expected to soar sharply in the last months of the year

Trade surplus expected to soar sharply in the last months of the year

The total export and import turnover in the second half of September was $29.07 billion, and trade surplus was reported at $1.87 billion.
Rubber firms eyeing buoyant performance thanks to favourable export

Rubber firms eyeing buoyant performance thanks to favourable export

Soaring rubber prices have impacted the rubber sector’s profitability, helping rubber firms post upbeat business results.
EU-Vietnam bilateral rises $480 million in first year of EVFTA

EU-Vietnam bilateral rises $480 million in first year of EVFTA

As of the end of September, EU corporations have invested about $22 billion in Vietnam, half a billion dollar more than a year ago, despite the pandemic.
Wood manufacturers beef up capacity to fulfil orders for year-end shopping season

Wood manufacturers beef up capacity to fulfil orders for year-end shopping season

Vietnamese wood businesses are ramping up production to meet increasing orders from international buyers during the year-end shopping season.
Value of footwear exports sees sharp drop amid pandemic

Value of footwear exports sees sharp drop amid pandemic

In September, the export value of footwear reduced 44 per cent on-year to $700 million, according to the LEFASO.
68.1 per cent of textile and footwear businesses hit with fines for late delivery

68.1 per cent of textile and footwear businesses hit with fines for late delivery

A large number of textile and footwear enterprises have been fined for late deliveries in 2021 and had new orders for 2022 suspended or reduced in quantity.
Vietnam’s export might surpass 10 per cent in 2021

Vietnam’s export might surpass 10 per cent in 2021

Deputy Minister of Industry and Trade Do Thang Hai elaborates why the country’s exports might surge more than 10 per cent in 2021 despite COVID-19.
Nestlé injects $132 million into Vietnam to double coffee processing capacity

Nestlé injects $132 million into Vietnam to double coffee processing capacity

Nestlé Vietnam has announced an additional investment of $132 million to double its processing capacity of high-quality coffee lines at Nestlé Tri An factory.
US and Vietnam agree to end investigation into timber trade

US and Vietnam agree to end investigation into timber trade

The United States and Vietnam have reached an agreement on illegal logging and timber trade that will avoid hefty tariffs on Vietnamese timber exports.
US association calls on President Biden to donate more vaccines to Vietnam

US association calls on President Biden to donate more vaccines to Vietnam

The SFIA has requested President Biden to send more COVID-19 vaccines to Vietnam, the second-largest source of sports and fitness products to the US.
Vietnamese seafood imports from India skyrocket in first eight months

Vietnamese seafood imports from India skyrocket in first eight months

Of the nearly $1.35 billion spent to import seafood in the first eight months of the year, Vietnam imported $228.2 million from India, up 41 per cent on-year.
Uniqlo facing sourcing challenges as Vietnamese factories deal with COVID-19

Uniqlo facing sourcing challenges as Vietnamese factories deal with COVID-19

Uniqlo is the latest big apparel retailer experiencing sourcing challenges because Vietnamese factory are struggling with the COVID-19 pandemic.
China formally applies for CPTPP accession

China formally applies for CPTPP accession

China has held initial discussions about joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Iron and steel exports exceed $7 billion

Iron and steel exports exceed $7 billion

August has become the month with the highest export value of iron and steel of all kinds, reached 1.53 million tonnes, worth nearly $1.5 billion.
Vietnam becomes largest tuna supplier to Israel

Vietnam becomes largest tuna supplier to Israel

Vietnam has become the largest tuna exporter to the Israeli market after demand from the market boosted in the first haft of the year.
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