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Vietnam export
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Prolonged strengthening of dollar could cause import of inflation into Vietnam
The Vietnamese dong’s depreciation against the U.S. dollar has driven up import costs and could potentially lead to high inflation if left unchecked, analysts have warned.
Produce exports rise 27% in Q1
Vegetable and fruit exports rose 27% year-on-year to US$1.3 billion in the first quarter of 2024 due to booming demand from China, Thailand and Germany.
Vietnam's Middle East, Europe-bound exports lose competitiveness due to Red Sea tensions
Vietnam’s major exports to Europe and the Middle East like garments, coffee and smartphones might decline due to worsening Red Sea shipping disruptions and rising freight hikes, experts warn.
March 19, 2024 | 10:40 pm PT
1% USD appreciation can cause $12M loss annually, says Vietnam Airlines chairman
Businesses with payables in foreign currency and imports are concerned they could suffer losses of billions of dong if the U.S. dollar continues to strengthen.
March 14, 2024 | 10:56 pm PT
Processed vegetable, fruit exports boom as China, South Korea, US step up imports
Exports of processed vegetables and fruits have risen sharply this year with China, South Korea and the U.S. importing more of them than in the same period last year.
March 9, 2024 | 05:00 pm PT
Fruit, vegetable exports rise 38%
Vietnam’s fruit and vegetable exports surged 38% to about $749.7 million in the first two months and is expected to peak at nearly US$7 billion this year.
March 1, 2024 | 04:35 pm PT
Vietnam records decade-high trade surplus of $4.72B
Vietnam has recorded a trade surplus of US$4.72 billion in the first two months of 2024, up 34% from the same period last year.
February 29, 2024 | 08:51 pm PT
Export recovery gains momentum
Vietnam’s exports are showing signs of recovery, driven by computer, electronics and smartphones, according to investment fund VinaCapital.
February 21, 2024 | 06:33 pm PT
Red Sea tension sees shippers price gouging: exporters
Exporters are calling for sanctions to stop shipping companies from exploiting Red Sea tensions to hike sea freight rates to unreasonable levels.
February 11, 2024 | 01:37 am PT
Vietnam's export revenue highest in 22 months
Vietnam's export turnover reached nearly US$33.6 billion in January, up 42% year-on-year, the highest since April 2022, according to the Ministry of Industry and Trade.
February 8, 2024 | 06:00 pm PT
Cross-border e-commerce Vietnam’s next big thing in exports: Amazon
Cross-border e-commerce is expected to be fifth highest in the list of Vietnam’s exports by 2027 with a value of US$12 billion, according to U.S. e-commerce giant Amazon.
February 4, 2024 | 07:21 pm PT
Red Sea tension likely to affect garment and footwear exporters from Q2: insiders
The tension in the Red Sea, which has led to increases in logistic costs and shipping time, is forecast to affect Vietnamese exporters of garment, textile, footwear and leather products from the second quarter of 2024 if it persists.
January 20, 2024 | 11:11 pm PT
Vegetable, fruit exports reach historic heights
Vietnam’s fruit and vegetable exports are estimated to reach a new record of $5.6 billion this year, up 65.5% from 2022 thanks to a surge in demand from China.
December 22, 2023 | 03:06 pm PT
Sweet potato, chili exports to China skyrocket
Surging exports of sweet potato and chili to China have brought Vietnamese farmers their highest profit margins ever.
December 20, 2023 | 07:26 pm PT
Tra fish export value to down 25%
Vietnam anticipates its tra fish export value to reach $1.8 billion this year, marking a 25% decrease from last year's figures, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
December 16, 2023 | 07:38 pm PT
Durian exports to China soar on insatiable demand
Approved for official export last year, dozens of containers of durians are imported every day from Vietnam by China.
December 14, 2023 | 10:29 pm PT
Exports improve in November
Vietnam’s exports rose last month with positive growth in shipments of computers and machines, but trade prospects for the remainder of this year remain uncertain amid weak demands, lender HSBC says.
December 7, 2023 | 04:41 am PT
Trade slips to three-year low
Vietnam’s trade in the first 11 months fell 8% to US$620 billion, its lowest point in three years, as factories scale down operations due to the ongoing shortage of orders.
December 5, 2023 | 10:14 pm PT
Durian exports reach $2B record
A surge in demand from China has taken Vietnam’s durian exports in the first 10 months to a record US$2.1 billion.
December 2, 2023 | 12:49 am PT
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