Export of FDI enterprises accounted for nearly 70% of total export turnover

Trade balance of FDI enterprises in 4 months of 2019 amounted to 9.85 billion USD ...

Thai firm to export poultry products by 2020

5/17/2019 9:04:55 AM

The Thai-funded C.P. Vietnam Corporation said it will begin shipping Vietnamese processed poultry products to Asia and Europe in the second quarter of 2020, with export volume estimated at 3,000 tonnes per month.

Vietnam stays attractive to foreign investors amid trade war: economist

5/17/2019 9:03:31 AM

Vietnam is the biggest beneficiary in the shift of the investment flow from China amidst the Sino-American trade war, according to Maybank Kim Eng senior economist Chua Hak Bin.

The expert told Vietnam Economic Times that most multi-national companies will continue restructuring their supply chains to reduce dependence on China, and ASEAN countries will benefit from this diversification.

German firms seeks to sell machine tools in VN

5/16/2019 5:03:01 PM

The German Machine Tool Builders’ Association and the Delegate of German Industry and Commerce in Việt Nam on Tuesday in HCM City held a conference to introduce production technology and machine tools from Germany.

VN needs to improve economic resilience: experts

5/16/2019 4:58:09 PM

It is critical to improve the resilience of the Vietnamese economy to withstand and recover from external shocks, experts told a conference in Hà Nội on Wednesday.

Senior economist from the Bank for Investment and Development of Việt Nam Cấn Văn Lực spoke at the conference about economic stability and business competitiveness held by the Institute for Brand and Competitiveness Strategy. Lực said that due to its small scale but high level of openness, the Vietnamese economy was more vulnerable than most to external shocks.

CP Việt Nam to export poultry products by 2020

5/16/2019 4:47:01 PM

The Thai-invested CP Vietnam Corporation will begin exporting processed poultry products to Asia and Europe in the second quarter of 2020, with a volume estimated at 3,000 tonnes per month, according to the firm

Seafood exports to China continues to fall amidst trade spat

5/16/2019 4:45:50 PM

ccording to the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietnam’s seafood export value to China fell 5 percent year-on-year in 2018 to $1.2 billion, and dropped another 5 percent year-on-year in the first quarter to $239 million.

Vietnam automaker buys 7.86 percent stake in agriculture company

5/16/2019 10:14:32 AM

Truong Hai Auto Corporation has acquired a 7.86 percent stake in rubber and fruit producer Hoang Anh Gia Lai Agrico.
The Ho Chi Minh Stock Exchange recently announced that Truong Hai (THACO) had completed the acquisition of 69.7 million shares in Agrico (trading code: HNG). The deal is estimated to be worth VND1.06 trillion ($45.25 million).

Japan among top 10 importers of Vietnam’s tra fish for first time

5/16/2019 10:07:48 AM

Vietnamese tra fish, a major foreign currency earner, has gradually won the trust of Japanese consumers as seen in the market’s emergence as one of the 10 biggest tra fish importers of Vietnam.

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), tra fish exports were estimated at 609 million USD in the first four months of this year, up 4.2 percent from a year earlier.

An Giang to export mangoes to US in June

5/16/2019 10:04:52 AM

The Mekong Delta province of An Giang will export about 5-10 tonnes of mangoes to the US in June 2019, according to deputy director of the provincial Department of Agriculture and Rural Development Lu Cam Khuong.

Fruit, vegetable exports bounce back in April

5/16/2019 9:57:42 AM

Fruit and vegetable exports in April reached 462 million USD, bringing their total export turnover in the first four months of 2019 to 1.4 billion USD, a year-on-year rise of 7.2 percent.

According to the Department of Agro Processing and Market Development (Agrotrade) under the Ministry of Agriculture and Rural Development, in the first three months of the year, fruit and vegetable exports had actually witnessed a year-on-year reduction of over 9 percent.