Vietnam coffee export turnover to enter $5 bln territory in 2024

Vietnam coffee export turnover to enter $5 bln territory in 2024

The Vietnamese coffee industry is set for a record export turnover next year, hitting $5 billion for the first time ever, industry insiders and experts say.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

US firms finding opportunities to set up goods purchasing centers in Vietnam: Deputy Minister

US firms finding opportunities to set up goods purchasing centers in Vietnam: Deputy Minister

Many U.S. firms and distribution channels are increasing their purchases of goods and looking at the prospect of establishing channels and purchasing centers in Vietnam when the export turnover of Vietnamese goods to the U.S. starts to show signs of improvement in the rest of 2023, said Vietnam's Deputy Minister of Industry and Trade Do Thang Hai.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam’s Jan-Oct trade surplus reaches nearly $25 bln

Vietnam’s Jan-Oct trade surplus reaches nearly $25 bln

Vietnam's total import and export turnover of goods reached nearly $558 billion in the first 10 months of 2023, down 9.6% over the same period last year, with an estimated trade surplus of $24.61 billion.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam wood processors await market recovery

Vietnam wood processors await market recovery

Vietnamese wood businesses are facing countless difficulties due to a lack of orders, rising costs, and slow tax refunds, and many of them have scaled back operations as they wait for the market to recover.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Garment, textiles post record-high export growth in tough times

Garment, textiles post record-high export growth in tough times

Vietnam’s garment-textile export turnover reached $30.2 billion in the first eight months of the year, a year-on-year increase of 20% and the highest growth rate in the last decade.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

60% of Samsung mobile phones made in Vietnam: report

60% of Samsung mobile phones made in Vietnam: report

Vietnam is Samsung's largest mobile phone manufacturing hub, accounting for up to 60% of the Korean group’s global sales.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7