Exporters building pay contingencies

Exporters building pay contingencies

Manufacturers that export goods to Russia will be required to look for alternative payment methods while the country remains blocked off from the SWIFT payment gateway.
Exporters endeavouring to avert conflict-induced delays

Exporters endeavouring to avert conflict-induced delays

The Russia-Ukraine conflict is tormenting agricultural exporters who have managed to seek out solutions to shun and limit risks caused by disruptions resulting from the escalating situation.
Rubber hits price stability as exporters cast net wider

Rubber hits price stability as exporters cast net wider

Vietnamese rubber exports have reached decent figures, albeit based on lower expectations – and exporters are now hoping that China will soon increase its hunger for their rubber, while at the same time preparing to shift towards new markets to end the long-lasting dependence on the Chinese market.
Vietnam fights to retain export shine

Vietnam fights to retain export shine

Amid social restrictions, national manufacturing and production dropped sharply, especially in the south where exporters had to adjust their plans. Nevertheless, continuous efforts for effective control of the pandemic are hoped to improve the situation at some point this year.
Container cost chaos adds to baulking domestic limitations

Container cost chaos adds to baulking domestic limitations

The container crisis is causing headaches among exporters who are trying to ensure their delivery schedules in the year-end shopping season. However, the global demand vastly outruns supply, with plans of local steelmakers to support the market with more empty containers representing merely a feeble silver lining.
Exporters yearning for switch to global payment terms to protect business

Exporters yearning for switch to global payment terms to protect business

Many local exporters, who want to switch their export methods to shun risks caused in the international freight market, aim to take control over shipping lines and freight insurance previously under the responsibility of overseas buyers – but the route ahead is not without hurdles.
Exporters strike gold by unlocking new markets

Exporters strike gold by unlocking new markets

Amid the Vietnamese government’s efforts in deploying economic diplomatic efforts, the prolonged blow of the health crisis sabotaging import and export activities has prompted enterprises to seek new means of expanding the markets for their products and services.
Exporters forced to embrace domestic moves as coronavirus impact persists

Exporters forced to embrace domestic moves as coronavirus impact persists

Hit hard by the global health crisis forcing most export markets to apply shutdowns, export-oriented enterprises are turning to the domestic market in order to boost sales and keep themselves afloat.
Central bank extends forex loan policy

Central bank extends forex loan policy

The State Bank of Viet Nam (SBV) has officially extended a policy allowing exporters to take loans in foreign currencies for another year instead of stopping it on December 31 as planned.
Seafood firms call for better access to capital

Seafood firms call for better access to capital

The Viet Nam Association of Seafood Exporters and Producers (VASEP) on Thursday asked relevant bodies to help the industry deal with capital difficulties to boost exports.
Ministries run trial credit insurance programme

Ministries run trial credit insurance programme 1

A national trial credit insurance programme aiming to cover nearly 3 per cent of export turnover by credit insurance by the end 2013, has been launched by the ministries of Finance, Industry and Trade, the State Bank of Vietnam (SBV) and the Government Office.
Thai rice dealers warn against gov't price hike

Thai rice dealers warn against gov't price hike

Thai rice exporters are looking for alternative sources of supply in Vietnam and Cambodia in case the new government makes prices too high for export.
Lending rate on dong for corporations show signs of retreat

Lending rate on dong for corporations show signs of retreat

Some commercial banks have quietly reduced the interest rate on dong loans for corporations. US dollar lending rate, meanwhile, has been pushed up due to a shortage of the greenback.
Foreign players brew up coffee market dominance

Foreign players brew up coffee market dominance

Capital shortages are behind local coffee exporters’ less competitiveness to foreign rivals.
Rice companies need certificates to export

Rice companies need certificates to export 1

Rice exporters would need certificates from the Ministry of Industry and Trade (MoIT) in order to export as of October 1 this year, according to the Vietnam Food Association (Vietfood).
1 2