Thông tấn xã Việt Nam

Tag: EXPORT


Rice exports up nearly 50% in January-February

The Ministry of Agriculture and Rural Development has reported that Vietnam’s rice exports hit 708 million USD in the first two months of 2024, an increase of nearly 50% compared to the same period last year. The figures promise a positive outlook for rice exports during 2024 as a whole, especially those to major markets.

Shrimp exports expected to grow slightly in 2024

Vietnam’s shrimp exports are expected to recover this year and slightly increase by between 10 and 15%. Export turnover is believed to reach 4-4.3 billion USD.

Coffee exports set to account for 80-85% of total production by 2030

The Ministry of Agriculture and Rural Development has set a target of Vietnam’s total coffee plantation area reaching 640,000 - 660,000 hectares by 2030, with exports expected to account for 80-85% of the country’s total production.

Int’l organisations upbeat about Vietnam’s 2024 GDP growth

The Asian Development Bank (ADB), Bloomberg, and HSBC have all forecast that Vietnam’s GDP growth could reach 6 percent in 2024. Standard Chartered Bank, meanwhile, has forecast 6.7 percent, surpassing Vietnam’s own growth target of 6-6.5 percent.

Vietnam the world’s second-largest shoe exporter

Vietnam ranked second in the world, just after China, in footwear exports, with 1.5 billion pairs shipped overseas and a presence in 150 markets in 2022. Footwear exports last year brought in over 20.2 billion USD, marking the 26th consecutive year, since 1998, that footwear exports have been in the billion-dollar category.

Vietnam’s economic performance in January 2024

The consumer price index (CPI) increased 3.37% in the opening month of 2024, foreign direct investment 40.2%, international arrivals 73.6%, and the Index of Industrial Production (IIP) 18.3%.

Rice exports soar to record 8.3 million tonnes

Vietnam’s rice production in 2023 stood at 43.5 million tonnes, an increase of 1.9%, adequately meeting domestic consumption, processing, animal feed production, and exports, which set a record of nearly 8.3 million tonnes.

Vietnam’s economic performance in 2023

Vietnam’s economy tended towards recovery in 2023, with macroeconomic stability maintained, inflation controlled, major balances ensured, and significant achievements made across various sectors, with set targets met. The country continues to be a bright spot in the regional and global economies.

Vietnam’s economy remains a bright spot in 2023

The trend towards economic recovery continued in Vietnam, with each successive month revealing further improvements over the previous month and each subsequent quarter surpassing the prior quarter. The country essentially achieved its overall goals and posted significant results in various sectors. It remained a bright spot amid a rather challenging global economic landscape.

Average CPI up 3.25% in 2023

Vietnam’s average consumer price index (CPI) rose 3.25% year-on-year in 2023 - within the target set by the National Assembly.

Seven commodities with export value of over 10 billion USD in 2023

In 2023, seven commodities of Vietnam posted export value of over 10 billion USD, accounting for 66% of the country's total export turnover, according to the General Statistics Office.

Vietnam’s trade surplus surges to record high 26 bln USD

Vietnam continued its streak of trade surpluses in 2023, making it eight consecutive years, with an estimated 26 billion USD, or nearly triple the figure in 2022 and a new record.

Vietnam’s economic performance in first 11 months of 2023

In the first 11 months of this year, Vietnam’s average consumer price index (CPI) increased 3.22 percent, foreign direct investment rose 14.8 percent, a trade surplus of 24.44 billion USD was posted, and international visitors increased 3.8-fold compared to the same period of 2022.

Vietnam striving for vegetable exports worth 1-1.5 bln USD by 2030

Vietnam is working to develop safe, concentrated vegetable production areas to ensure traceability associated with processing and consumption markets by 2030 to fully meet domestic consumption and exports.

Vietnam posts trade surplus of over 24.6 billion USD

Vietnam’s trade surplus hit a record 24.61 billion USD in the first 10 months of this year, 2.6-fold higher than the surplus of 9.56 billion USD posted in the same period of 2022.

First batch of bird’s nest products exported to China

China’s official permission for bird’s nest products from Vietnam to be exported to the country will create significant opportunities for the local bird’s nest farming industry and the production and processing of bird’s nests in Vietnam.