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Pepper exports increase 30%
Vietnam exported nearly 131,777 tonnes of pepper worth US$408.9 million in the first five months of this year, up 30% in volume but down 12.7% in value over the same period last year, according to the Vietnam Pepper Association.
EU extends safeguard measures on steel from Vietnam
The European Union has extended its safeguard measures on steel imports from a number of countries, including Vietnam, for another 12 months until the end of June 2024.
Vietnamese shopkeepers in Russia face rising competition from Chinese
Vietnamese-owned businesses in Russia are seeing rising competition from Chinese counterparts as Moscow grows its economic partnership with Beijing to deal with Western punishment.
June 8, 2023 | 11:33 pm PT
Auto registration fee cut might not boost sales this time: finance ministry
A 50% reduction in registration fees might not cause automobile sales to surge unlike the last two times due to the current economic situation, the Ministry of Finance warned.
June 8, 2023 | 10:08 pm PT
Halve car registration fees to boost sales: PM
Prime Minister Pham Minh Chinh has asked the Ministry of Finance to halve registration fees for locally-made or assembled automobiles starting July 1.
June 7, 2023 | 07:07 pm PT
Black Thorn durian gaining popularity in Vietnam despite high prices
A premium durian variety from Malaysia, Black Thorn, is now grown in Vietnam and is popular despite costing a steep VND800,000 (US$34) per kilogram.
June 6, 2023 | 08:58 pm PT
Durian exports jump 6-fold
Durian exports jumped six-fold year-on-year in the first four months to over US$190 million, with China accounting for more than 84% of it.
June 5, 2023 | 10:21 pm PT
F&B more robust with boom in low-end market
The rapid expansion of foreign food and beverage (F&B) chains in Vietnam was making the domestic market more robust despite the trend of tightening spending in a global downturn.
June 5, 2023 | 07:52 pm PT
Automobile imports down in May
Vietnam spent nearly $270 million on importing 10,000 completely-built automobiles (CBUs) in May, a decrease of 6.3% from a year earlier.
June 4, 2023 | 09:13 pm PT
Coconut exports to be worth $1B this year
Vietnam will earn US$1 billion from exports of fresh coconuts and products made from them this year, up from $900 million last year, the Vietnam Coconut Association has said.
June 4, 2023 | 03:24 pm PT
Bancassurance revenue plunges by half
Banks saw revenues from insurance dropping by half year-on-year in the first quarter after years of high growth.
June 4, 2023 | 04:00 am PT
Vietnam-grown Musang King durian prices plunge by half
Vietnam-grown Musang King durian has seen prices plunging by half in Vietnam in over two months due to abundant supply.
June 1, 2023 | 03:37 pm PT
Foreign auto companies test EV waters with luxury offerings
Car manufacturers are increasingly bringing luxury electric vehicles to Vietnam to acquaint the market with EVs.
June 2, 2023 | 02:52 am PT
Vietnam seeks to expand overseas markets for lychees, longans
The Ministry of Industry and Trade held a meeting with Vietnam Trade Offices abroad on May 31 to discuss ways to boost the exports of lychees and longans as many northern localities are harvesting the fruits.
June 1, 2023 | 02:16 am PT
Seven renewable power plants connected to grid
Seven renewable power plants with a combined capacity of 430.2 megawatts have recently been linked to the national grid.
May 31, 2023 | 07:00 pm PT
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