export turnover

Update news export turnover

Foreign textile & garment enterprises expand as domestic firms shrink

VietNamNet Bridge - The demand from Vietnam’s key export markets has decreased significantly, while the dollar has appreciated sharply, causing textile and garment export growth to slow down.

Vietnam safe from Greek debt crisis: experts

VietNamNet Bridge - With the current national financial structure, Vietnam is safe from financial global crises, including the debt crisis in Greece.

Farmers need foreign technologies for ‘clean’ produce exports

VietNamNet Bridge - Vietnam has a skilled labor force and favorable natural conditions to grow vegetables and fruits but it still needs foreign technologies to clean farm produce for export.

VN urged to tap China trade, investment

China is expected to import more than $10 trillion in goods and services and invest $500 billion abroad in the next five years, offering opportunities for Viet Nam and other countries in the Asia-Pacific region.

Washington redirects US investments to Vietnam

VietNamNet Bridge - The US is moving a great deal of outward investment to Vietnam. The US Intel Group, for example, plans to relocate its production line worth $1 billion from Costa Rica to Vietnam.

Shrimp exporters win top world award

VietNamNet Bridge - Viet Nam takes the lead among the world's shrimp supplier community for the highest number of businesses that have been granted four-star Best Aquaculture Practices (BAP) certification.

Vietnam’s farm produce dogged by bad luck

VietNamNet Bridge - Vietnam is the second biggest rice exporter in the world, the fifth largest tea exporter and the fourth biggest shrimp exporter. But the country has met major difficulties when entering large markets.

What’s behind the high export figures?

VietNamNet Bridge - High export turnover and high export growth rate are figures usually cited in government agency reports as proof of economic development. However, there are many problems behind the figures.

Strong dong affects exporters of farm produce

VietNamNet Bridge - The strong-dong exchange rate policy has dealt a blow to farm-produce exporters and agricultural businesses.


Opportunities have arrived for cement manufacturers

VietNamNet Bridge - Many large construction projects have resumed work, while coal prices have decreased, helping to cut production costs. Cement manufacturers see great opportunities to revive their business..

VN plans greener rice cultivation

Viet Nam plans to reduce greenhouse gas (GHG) emissions from rice cultivation alone by 14 per cent by 2030.

Foreign goods find it easy to penetrate Vietnamese market

VietNamNet Bridge – While Vietnamese businesses have to struggle to bring their products to the world market, foreign goods do not encounter the same obstacles when entering Vietnam.

Domestic coffee companies concede home market to foreign firms

VietNamNet Bridge – More and more foreign coffee companies are coming to Vietnam to make money from processing, while Vietnamese companies are content with modest profits from selling raw materials.

Export market healthy, but domestic sector remains troubled: economists

VietNamNet Bridge – There will be no major obstacles for Vietnamese businesses in the global market in 2015, but the biggest difficulties will come from the domestic market, economists say.

Trade deficit returns in the wake of lower crude oil prices

VietNamNet Bridge – Vietnam could see a trade deficit in 2015 after three consecutive years of a surplus, as prices for crude oil, which Vietnam exports, have plummeted.

BUSINESS IN BRIEF 3/2

 Domestic demand for U.S. apples drops; JICA provides additional JPY36.4 billion to improve power supply; Export turnover hits nearly 13 bln USD in January; Vietnam trade deficit swells in January

Vietnamese IT firms marching towards the US

Vietnamese software firms have signed many contracts worth millions of dollars with US partners.

Businesses oppose ministry’s catfish-export regulation

The Ministry of Agriculture and Rural Development (MARD) has insisted on no more than 10 percent of ice and 83 percent of moisture in seafood exports, but businesses have vowed they will fight the regulation.

BUSINESS IN BRIEF 3/1

Over 31.9 trillion VND worth of G-bonds sold in December; Processing, manufacturing industry performs well in 2014; More positive signs for economy; Retail sales up 10.6% in 2014; Number of re-operated enterprises up 7.1%

More cassava processing plants under construction

The Dak Lak provincial People’s Committee are seeking the government’s permission to build four more cassava starch processing plants, though there are four plants in the locality, which cause serious environment pollution.