Vietnamplus

Bilateral trade between Vietnam and Laos reached 99.2 million USD in January, a year-on-year decrease of 27.3%.

Vietnam’s smartphone market saw a dip in shipments by 15.6% in 2022, marking a significant decline in the industry, according to the International Data Corporation's Worldwide Quarterly Mobile Phone Tracker.

Thailand’s export shipments in June continued to rise for the 16th consecutive months in June, up 11.9% year on year to 26.5 billion USD, the Thai Ministry of Commerce said on July 27.

Since the start of this year, coffee shipments to Europe, the US and Japan have enjoyed remarkable increases. In the first half of 2022, Vietnam exported nearly 1 million tonne of coffee, raking in more than 2.3 billion USD, up over 23% in volume and nearly 50% in value against the same period of 2021.

Singapore's key exports grew strongly in May, after five months of slower growth.

The Mekong Delta province of Ben Tre is working on its first-ever shipment of green pomelo to the US.

Commercial banks have stepped up lending to export firms, especially those in industrial parks and export processing zones, as exports of many goods have grown strongly this year.

Thailand’s exports hit a 30-year record high in March with outbound shipments growing by 19.5 percent year on year.

Vietnam would earn 1.54 billion USD from tra fish export this year, up 3 percent from 2020, the Vietnam Association of Seafood Exporters and Producers (VASEP) forecast.

Singapore's non-oil domestic exports (Nodx) expanded 17.9 percent in October 2021, hitting a record high after a growth of 20.5 percent four years ago.

Vietnam’s aquatic product exports are likely to rake in 9 billion USD this year thanks to the implementation of new generation free trade agreements, according to experts.

The Mekong Delta province of Ben Tre aims for an export value of 10 billion USD for 2021 – 2025, according to Vice Chairman of the provincial People Committee Nguyen Minh Canh.

The US-based Furniture Today website on May 17 ran an article on Vietnam’s overtaking China in furniture shipments to the United States for the first time ever in 2020.

Vietnamese rice exporters have been urged to play a more active role in utilising free trade agreements (FTAs) to which Vietnam is a party to boost falling exports.

Foreign direct investment (FDI) firms, rather than the domestic ones, are able to fully tap the production shift of large brands, according to industry insiders.

Cambodia exported 153,688 tonnes of milled rice in the first quarter of 2021, a year-on-year drop of 33 percent, Minister of Agriculture, Forestry and Fisheries Veng Sakhon has said.

The Government of Thailand is surveying locations in Chumphon and Ranong in the South for engineering, environmental and economic potential of a land bridge connecting the Gulf of Thailand and the Andaman Sea, according to local media.

High hopes are pinned on Vietnam’s rice exports in 2021 when major export markets such as the Philippines and Africa continue to sign contracts to buy rice from Vietnam, while many others have great demand for fragrant rice and sticky rice – which are advantageous staples of Vietnamese enterprises.

Enhancing exports via Amazon, the world’s largest Internet retailer by revenue and market capitalisation, is an effective way to help staples of the Central Highlands province of Dak Lak reach out to the world in the context that COVID-19 continues to wreak havoc on global economy, according to insiders.

Vietnam boasts huge potential to increase shipments to Mexico, Peru and Chile – the three Latin American nations having high tariff-reduction commitments under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).