Viet nams import export value

Packaging coconut for export. Việt Nam achieved a coconut export turnover of US$700 million in 2022. —VNA/VNS Photo Huỳnh Phúc Hậu Việt Nam is optimistic about increasing its coconut exports as several countries are welcoming Vietnamese coconuts. The US, Bangladesh, and Israel have opened their markets to fresh coconuts from Việt Nam. Additionally, Vietnamese durian products will not be subjected to quotas when exported to Japan and South Korea. There's a possibility that China will soon officially permit the import of coconuts from Việt Nam. These favourable shifts in the export markets are motivating coconut farmers to enhance their plantations and collaborate with enterprises to boost coconut exports. Following the US's green light to import Vietnamese coconuts, Nguyễn Đình Tùng, the general director of Vina T&T Group Import-Export Company, reported that they have already shipped four containers of the fruit to the US market. Tùng stated that Việt Nam possesses … [Read more...] about Việt Nam sees many opportunities in coconut exports

Recently, leading US businesses and corporations in the field of semiconductors assessed that Việt Nam has potential and opportunities to develop the semiconductor industry ecosystem. — VNA/VNS Photo To maintain a high growth rate of exports, it was necessary to target new trends, including semiconductors, said experts. The scale of this market reached more than US$600 billion last year, and is forecasted to reach $1.4 trillion by 2029. Việt Nam is a very open economy, with total import-export turnover reaching 200 per cent of GDP, making the economy vulnerable to external fluctuations, said experts. Economic expert Nguyễn Đình Cung, former director of the Central Institute for Economic Management (CIEM) told Doanh Nhân Việt Nam (Vietnamese Businessman) online magazine that Việt Nam's economy was very open and was becoming more and more open. Therefore, the economy was susceptible to even external factors. Finding a solution to this problem, experts say that to avoid … [Read more...] about Semiconductors a key industry that Việt Nam is aiming for in the future

Chairman of the Vietnamese National Assembly Vương Đình Huệ (second, left) and delegates attend the forum. —VNA/VNS Photo Việt Nam defines Bangladesh, which is currently the country's second largest trading partner in South Asia, as its important partner and a potential investment destination for major corporations and enterprises of the Southeast Asian country in the future, National Assembly Chairman Vương Đình Huệ said on Friday. In his speech at the Việt Nam-Bangladesh forum on policies and laws to promote economic, trade and investment cooperation in Dhaka capital, Bangladesh, Huệ said with a favourable geographical location, Bangladesh could be considered a gateway for Vietnamese businesses to enter and expand to other South Asian and Middle East markets, and vice versa, Bangladeshi businesses can expand to markets in the Association of Southeast Asian Nations (ASEAN) - the 5th largest market in the world with about 650 million people - and enlarge to partner countries which … [Read more...] about Việt Nam, Bangladesh boost economic cooperation

Recently, leading US businesses and corporations in the field of semiconductors assessed that Vietnam has potential and opportunities to develop the semiconductor industry ecosystem. (Photo: VNA) Hanoi - To maintain a high growth rate of exports, it was necessary to target new trends, including semiconductors, said experts. The scale of this market hit more than 600 billion USD last year, and is forecast to reach 1.4 trillion USD by 2029. Vietnam is a very open economy, with total import-export turnover reaching 200 per cent of GDP, making the economy vulnerable to external fluctuations, said experts. Economic expert Nguyen Dinh Cung, former director of the Central Institute for Economic Management (CIEM) told Doanh Nhan Viet Nam (Vietnamese Businessman) online magazine that Vietnam’s economy was very open and was becoming more and more open. Therefore, the economy was susceptible to even external factors. Finding a solution to this problem, experts say that to avoid … [Read more...] about Semiconductors a future key industry of Vietnam