Vietnam's textile and garment industry has fulfilled its US$44-billion export turnover target in 2024, an increase of over 11% compared to 2023, thanks to efforts in market diversification, technological innovation, and effectively capitalising on the shift in orders.
The export of agricultural, forestry, and fishery products has created a breakthrough this year, generating more than US$62 billion, up 18% year on year, and promising continued growth in the coming year, according to the Ministry of Agriculture and Rural Development (MARD).
A forum on connecting coconut production and consumption took place in the Mekong Delta province of Ben Tre on December 13, offering a venue for relevant parties to discuss ways to fully tap the potential of both domestic and international markets to develop coconut into a billion-USD industry.
The Vietnamese fruit and vegetable industry is anticipated to earn US$10 billion from exports by 2030, said Dang Phuc Nguyen, general secretary of the Vietnam Fruit and Vegetable Association (Vinafruit).
The Ministry of Industry and Trade (MoIT) has set a target of 6% export growth in 2025 as global inflation has cooled down and international market demand recovers.
The past 11 months of the year witnessed seven Vietnamese commodities rake in more than US$10 billion each in export earnings, accounting for 66.5% of the country’s total export value.
Vietnam exported nearly 8.5 million tonnes of rice worth US$5.31 billion over the past 11 months, up 10.6% in volume and 22.4% in value compared to the same period from last year, the Ministry of Agriculture and Rural Development has reported.
Vietnam exported nearly 8.5 million tonnes of rice worth US$5.31 billion over the past 11 months, up 10.6% in volume and 22.4% in value compared to the same period from last year, the Ministry of Agriculture and Rural Development has reported.
Vietnam Export Promotion Forum 2024 kicked off on December 4 in Hanoi, with the event attracting the participation of 300 delegates from relevant ministries, embassies, associations, and international organizations from across the country.
The wood industry of Vietnam is likely to rake in US$16 billion from exports this year, far exceeding the initial target of US$14.2 billion set by the Ministry of Agriculture and Rural Development.
The Vietnam E-commerce and Digital Economy Agency under the Ministry of Industry and Trade on November 26 organised the 2024 E-Commerce Connection and Development Forum themed “Cross-border e-commerce: Export opportunities for Vietnamese products”.
If manufacturing firms do not plan to reduce carbon emissions then their exported products will struggle to remain competitive and retain their position in the market, said experts at a green economy forum held in Hanoi on November 26.
Vietnam’s textile and garment industry aims to achieve US$47–48 billion in export turnover in 2025, according to Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association (VITAS).
Import-export turnover between Vietnam and Russia during the first three quarters of this year reached US$3.52 billion, up 41% over the same period from last year, while many local business delegations have gone to Russia to explore the large market.
Vietnam exported 1.15 million tonnes of coffee worth US$4.57 billion during the past 10 months of the year, a drop of 11.1% in volume but up 39.2% in value compared to the same period last year, according to the General Department of Vietnam Customs.
State budget collection from import and export activities surged 14.5% year-on-year to nearly VND346.3 trillion (US$13.7 million) in the first 10 months of 2024, reaching 92.3% of the annual target, the General Department of Vietnam Customs reported on November 7.
Vietnam exported a total of 219,387 tonnes of pepper for US$1.1 billion over the past 10 months of the year, down 1.9% in volume but up 48% in value, the Vietnam Pepper and Spice Association (VPSA) has unveiled.
Hanoi’s export turnover was estimated to reach US$1.5 billion in October, bringing the figure in the first 10 months of 2024 to US$15.5 billion, up 12.3% from the same period last year.
Import-export turnover during the past 10 months of the year reached close to US$650 billion, with export earnings soaring by 14.9%, according to the latest report released by the General Statistics Office (GSO).
Import-export turnover during the past 10 months of the year reached close to US$650 billion, with export earning soaring by 14.9%, according to the latest report from the General Statistics Office (GSO).
Asia continued to be the largest export market for Vietnam's agro- forestry- fishery products during the 10-month span, with a market share of 48.2% of the nation’s total export turnover.
