News

US$8.5 Billion Seafood Export in 2015: Not an Easy Target

Although seafood exports reached US$7.9 billion, up 18 percent compared to 2013 and exceeded 13 percent of the US$7 billion target, in the eye of experts, 2014 is not a year of success for Vietnam’s seafood industry.

Opportunities Open for Penetrating Chile's Market

"Although the economic cooperation between Vietnam and Chile has seen significant development, it is still far from the potential and desire between the two sides due to many barriers." This is the statement made by Mr Nguyen The Hung, Deputy Director of the Vietnam Chamber of Commerce and Industry, Ho Chi Minh City Branch (VCCI – HCM)

Vietnam - Russia Looking towards the Future

Vietnam - Russia relations have seen strong developments in recent years. This is an in-depth comprehensive strategic partnership and is getting more effective in many fields

VN sees trade deficit in first half of December

According to the General Department of Customs, the nation's total trade hit approximately $12.1 billion during the reviewed period. This amount represents a month-on-month decrease of 9.7 per cent but a year-on-year increase of 14 per cent

Dong Nai exports exceed target

The southern province of Dong Nai reported a record export value of more than US$13 billion in 2014, surpassing its target by $500 million and posting a 19 per cent year-on-year increase. Overall, foreign investments made up the lion's share of the figure with almost $11.3 billion, while the private sector accounted for $1.5 billion.

What did Vietnam import from China in 2014?

In the past 11 months, Vietnam’s export revenue from China reached $13.5 billion but the country spent up to $39.9 billion to import all kinds of goods from the Chinese market. Vietnam’s trade deficit from this market during this period rose over 22.1% compared to the same period last year, to $26.4 billion.

List of goods announced for customs inspections

Customs officers check imported goods at the Mong Cai border gate in the northern province of Quang Ninh. The Ministry of Industry and Trade has announced a list of products that need to undergo checks before they are imported or exported. — VNA/VNS Photo Hoang Hung

Garment export to hit 24.5 billion USD in 2014

Vietnam’s garment and textile export turnover is likely to reach 24.5 billion USD this year, a 19 percent rise against 2013 and the largest increase in the past three years. With this result, the sector will bring in a trade surplus of 12 billion USD this year, according to the Vietnam Textile and Apparel Association.

Motorbike manufacturers increase export

Domestic vehicle production output reached 5 million units this year, nearly doubling the market demand. However, companies still expanded their scale with expectation to turn Vietnam into one of the largest motorbike manufacturing countries in the world.

VN halts Australia fruit imports

Viet Nam plans to cease the import of 38 kinds of fruits from Australia from 2015, the agriculture and rural development ministry's plant protection department announced yesterday. The department's decision follows the fruit fly epidemic that has affected fruit production in Australia.

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