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Fresh Vietnamese coconut exports to US skyrocket

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).

Society – Economy

Vietnam's internet economy projected to hit US$36 billion in 2024
Vietnam's e-commerce and digital economy remain highlights of the country’s socioeconomic development, with the internet economy to reach US$36 billion this year, marking a 16% increase compared to 2023, heard a forum on digital transformation of industry and trade in 2024 in Hanoi on November 21.
Can Tho looks to build stronger ties with US partners
The Mekong Delta city of Can Tho is keen to augment closer co-operation with enterprises and localities from the United States in the fields of economics, education, healthcare, and sustainable environmental development.

Garment industry targets US$47-48 billion in export turnover next year
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).
US imposes global safeguard measures on Vietnamese fine denier polyester staple
The United States has decided to impose global safeguard measures on fine denier polyester staple fiber being imported into the US market from many countries, including Vietnam, according to the Trade Remedies Authority of Vietnam (TRAV).
Vietnam attends PLMA's 2024 Private Label Trade Show in US
Twenty-one Vietnamese enterprises are showcasing their products at the Private Label Manufacturers' Association (PLMA) 2024 Private Label Trade Show, which is taking place from November 17-19 at the Rosemont Exhibition Centre in Chicago, the US.
Shrimp exports likely to fetch US$4 billion this year
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 grosses US$52.6 million from star anise exports in 10 months
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).
Vietnam not manipulating currency: US Treasury
The US Department of the Treasury has officially announced in its latest report that Vietnam does not manipulate currency.
Opportunities for Vietnam to lure more capital flows following Donald Trump’s election
Emerging markets, including Vietnam, can take advantage of opportunities as investors begin to withdraw capital to the US after Donald Trump was elected the 47th President of the United States on November 5.
Opportunities for Vietnam to lure more capital flows following Trump’s election
Emerging markets, including Vietnam, look set to take advantage of opportunities as investors begin to move capital to the United States following President-elect Donald Trump’s election win on November 5.
Switzerland aids over US$3.34 million to develop circular economy in Vietnam
Deputy Minister of Planning and Investment Do Thanh Trung has announced that his ministry received over US$3.34 million funded by Switzerland’s State Secretariat for Economic Affairs (SECO) to promote circular economy and mitigate climate change impacts in industrial zones in Vietnam.
Seminar seeks to boost Vietnam – US energy, industry, trade cooperation
A seminar discussing solutions to energy, industry, and trade between Vietnam and the US was held in Washington on November 15 by the Ministry of Industry and Trade (MoIT) in collaboration with the Vietnamese Embassy in the US, attracting crowds of overseas Vietnamese entrepreneurs, intellectuals, and scientists working in the areas.
Tra fish exports set to rake in US$2 billion this year
Vietnamese tra fish (pangasius) exports are poised to reach the set target of US$2 billion this year thanks to the combined efforts of businesses, management agencies, and Tra fish (pangasius) industry associations.
LG plans to pour further US$1 billion investment into Vietnam
The Republic of Korea (RoK)’s LG Displays Co. Ltd has been licensed to raise its investment in a factory in Hai Phong city, northern Vietnam, by US$1 billion.
Việt Nam, US sign cooperation agreement on cybersecurity
The MOU is expected to strengthen the existing partnership between the US and Việt Nam, while also helping the US promote innovation and secure digital infrastructure as well as countering the growing cyber threats.
EV maker Vinfast secures US$3.5 billion funding
Vingroup, Vietnam’s largest private conglomerate and its Chairman Pham Nhat Vuong, has announced a significant financial commitment to VinFast, the Nasdaq-listed Vietnamese electric vehicle maker.
Vietnam-Israel trade likely to exceed US$3 billion this year
Vietnam-Israel trade, propelled by the current growth momentum, is expected to surpass US$3 billion in 2024, Vietnamese Trade Counsellor in the Middle Eastern nation Le Thai Hoa has said.
Rattan, bamboo, sedge, and carpet exports gross US$594.8 million
Vietnamese rattan, bamboo, sedge, and carpet exports during the past nine months of the year reached US$594.8 million, marking a rise of 10.3% against the same period from last year, according to data released by the General Department of Vietnam Customs.
Petrovietnam aims for over US$39 billion in 2024 revenue
The Vietnam Oil and Gas Group (Petrovietnam) is taking strong measures to earn VND1 quadrillion (US$39.4 billion) in revenue this year.
Vietnam spends US$2.89 billion importing cashew nuts
Cashew nut imports reached more than 2.3 million tons worth more than US$2.89 billion over the past ten months of the year, down 8.5% in volume and 1.1% in value compared to the same period from last year, according to preliminary statistics compiled by the General Department of Customs.
Vietnam spends nearly US$3 billion on car imports over 10-month period
Vietnam has imported a total of 143,084 completely-built-up (CBU) cars worth US$2.937 billion over the past 10 months, up 37.8% in volume and up 19.1% in value year on year, the General Statistics Office (GSO) has unveiled.

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