Vietnamese export businesses need to prepare for the United Kingdom (UK)’s carbon border adjustment mechanism (CBAM), which will take effect from 2027.
Vietnam raked in nearly US$3.6 billion from shrimp exports over the past 11 months, representing a year-on-year rise of 22%, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Pangasius businesses are likely to rake in US$2 billion from exports this year following the US$1.8 billion export earnings recorded in the past 11 months, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam raked in more than US$249.2 million from exporting 90,270 tonnes of cinnamon during the past 11 months of the year, up 10.2% in volume and 3.9% in value against the same period from last year.
Vietnam raked in more than US$249.2 million from exporting 90,270 tonnes of cinnamon during the past 11 months of the year, up 10.2% in volume and 3.9% in value against the same period from last year.
With Vietnam’s import-export revenue hitting a record high of US$715.55 billion during the 11-month period, exports are anticipated to reach nearly US$400 billion this year, according to the General Statistics Office (GSO).
Vietnam's fruit and vegetable exports are projected to reach US$6.6 billion by the end of November, fulfilling the annual target of US$6-6.6 billion, one month ahead of schedule.
Tuna export value is forecast to reach US$1 billion in 2024, marking an 18% increase compared to last year’s figure and solidifying the product's role as one of Vietnam’s key seafood exports.
Vietnam’s agricultural product exports are on track to achieve an unprecedented milestone, with projected revenue reaching US$60-61 billion this year, up US$7-8 billion compared to 2023.
MISS EDE, a coffee brand under the Dak-Lak-based EDE Farm Trade Service LLC, held a ceremony in the Central Highlands province’s Buon Ma Thuot city on December 1 to mark the shipment of its first roasted coffee container to the US.
Vietnam raked in US$9.2 billion from exporting aquatic products during the initial 11 months of the year, marking an annual increase of 11.5%, reported the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnamese tuna exports to Japan in October soared by 31% year on year to reach nearly US$3.5 million, according to statistics released by the General Department of Vietnam Customs.
Vietnam’s wood processing and export industry is on track to surpass its 2024 export target of US$15.2 billion, navigating through complicated market developments with strategic adaptability.
A ceremony was held in Hanoi on November 25 to kick-start a project aimed at promoting exports to the European market through an e-commerce platform for women-owned enterprises in Vietnam.
By November 15, Vietnam’s rice exports had reached 8.05 million tonnes with a value of US$5.05 billion, according to statistics from the General Department of Customs.
Vietnam’s fresh coconut exports to the US increased dramatically by 1,156% in volume and 933.6% in value during the past eight months of the year, according to details released by the International Trade Centre (ITC).
The Vietnamese shrimp industry is anticipated to rake in US$4 billion from exports this year amid a rapid rebound occurring in major markets coupled with cooling inflation, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam exported 11,152 tonnes of star anise worth US$52.6 million during the past 10 months of the year, down 13.3% on-year, according to statistics released by the Vietnam Pepper and Spice Association (VPSA).
The Vietnam Trade Promotion Agency under the Ministry of Industry and Trade (MoIT) on November 18 organised a seminar on trade promotion in the European market, focusing on potential for expanding exports to the European market via official channels.
October alone saw Vietnam export 7,260 tonnes of rubber to Malaysia, valued at 11.5 million, a year-on-year rise of 861% in volume and 1,240% in value, according to the General Department of Customs.