Export growth maintained despite difficulties Business

Export growth maintained despite difficulties

Soaring inflation, rising production costs and fluctuation in exchange rates have caused great difficulties for production and import-export activities, and will linger on to the rest of the year, prompting the Ministry of Industry and Trade (MoIT) to give timely responding measures to maintain export growth.
PM directs export growth plan to RoK Business

PM directs export growth plan to RoK

Ministries, agencies and localities have been asked to seek solutions to diversify products and boost exports to the Republic of Korea (RoK), especially via Korean companies in Vietnam.
Vietnam records lobster export growth in H1 Business

Vietnam records lobster export growth in H1

Vietnam saw a record 30-fold growth in lobster exports to reach a total of 130 million USD in the first half of the year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Export growth rate projected to reach 6-7% annually in 2021-2030 Business

InfographicExport growth rate projected to reach 6-7% annually in 2021-2030

A strategy to 2030 sets sustainable targets with a balanced import-export structure in order to sharpen competitive edge and bolster brand development for Vietnamese products. The idea behind the plan is to raise Vietnam’s position in the global supply chain and serve as momentum for sustainable economic development. The target has been set at an average export growth rate of 6-7% to 2030.
Vietnam should be vigilant on inflation risk: WB Business

Vietnam should be vigilant on inflation risk: WB

Vietnamese authorities should be vigilant about inflation risks associated with the continuing rise in the price of fuel and imports, which may dampen the ongoing recovery of domestic demand, according to the World Bank's (WB) monthly report on Vietnam, released on June 13.
Cashew sector predicted to secure good export growth in 2022 Business

Cashew sector predicted to secure good export growth in 2022

The target of 3.8 billion USD in export revenue of cashew nuts for this year set by the Ministry of Agriculture and Rural Development (MARD) is quite feasible given the forecast on high demand for the product in the time to come, according to experts.
EVFTA bolsters export growth despite COVID-19 Business

EVFTA bolsters export growth despite COVID-19

In the context of complicated development of the Covid19 on a global scale, bilateral trade between Vietnam and the EU recorded significant increase after the EVFTA was enforced. Vietnam’s export to the EU reached 39.75 billion USD, increased by 6.2%, thanks to the recovery of the EU economy in the second quarter of 2021 and the tariff cut under EVFTA.