E-commerce exports top $3.5B
Vietnamese businesses exported VND80.7 trillion (US$3.5 billion) worth of goods through e-commerce channels last year, up 7% from 2021, as small players raced to take advantage of online sales.
EU-Vietnam Food Processing M&As: The Time is Ripe
Vietnam’s food processing industry is currently struggling, and firms are looking to sell assets or even part of their companies to survive. Here’s what EU firms looking for opportunities in Asia should know about the current state of Vietnam’s food processing sector.
EU extends safeguard measures on steel from Vietnam
The European Union has extended its safeguard measures on steel imports from a number of countries, including Vietnam, for another 12 months until the end of June 2024.
EFTA and Singapore hold fourth round of negotiations towards a Digital Economy Agreement
On 7 June 2023, delegations from the EFTA States and Singapore met via videoconference for the fourth round of negotiations toward a Digital Economy Agreement (DEA).
Vietnam intensifies regional linkages to boost green exports
Strengthening regional linkages and harnessing the strengths of each province and city is crucial to promoting sustainable and green exports, according to experts at a recent forum on the subject held in Ho Chi Minh City.
EVFTA provides impetus for Vietnam-Italy trade
Bilateral trade between Vietnam and Italy has grown thanks to positive effects of the EU-Vietnam Free Trade Agreement (EVFTA). The trade deal brings many opportunities for increased presence of Vietnamese products in the Italian market.
Firms call for support as wood exports slump
Statistics of Viet Nam Timber and Forest Products Association (Viforest) showed that wood exports were estimated at US$4.7 billion in January – May, falling by nearly 30 per cent against the same period last year.
Vietnamese lychee, longan eye bigger market share in Singapor
The Vietnamese Trade Office in Singapore is working to promote the export of Vietnamese fruits, particularly longan and lychee, to Singapore
First fresh lychee batch exported to China by rail
For the first time a shipment of 30 tonnes of fresh lychees from Luc Ngan district in the northern province of Bac Giang has been exported to China via the Kep international intermodal rail terminal.
Vietnamese businesses need more electricity to recover production
Struggling to get orders in the general situation of "hungry orders, lack of capital", businesses are now afraid of not delivering on time because of a lack of electricity. Thus, Vietnamese businesses need more electricity to recover production.
Retail export turnover from business to consumer (B2C) via e-commerce in Vietnam reached 3.5 billion USD in 2022
Retail export turnover from business to consumer (B2C) via e-commerce in Vietnam reached 3.5 billion USD in 2022Retail exports via online channels were estimated at $3.5 billion last year, up 7% compared to 2021 and may increase nearly four times to $13 billion by 2027.
Free Trade Agreements from the Perspective of ASEAN and Malaysia
Juita Mohamad is the director of the Economics and Business Unit and the director of research at IDEAS. This piece was written for Perry World House’s 2023 workshop “Economic Security and the Future of the Global Order in the Indo-Pacific.
US extends investigation into wooden cabinets from Vietnam
The United States Department of Commerce (DOC) has announced an extension for the decision making process regarding the final conclusion on the investigation of the product scope for wooden cabinets imported from Vietnam, according to the Trade Remedies Authority of Vietnam (TRAV).
Vietnam proposes fresh seafood export via border gates in Yunnan, China
The Ministry of Agriculture and Rural Development sent a diplomatic note to the General Administration of Customs of China on completing some procedures to export fresh seafood and fruits from Vietnam to China.
RMIT: Revised FDI attraction strategy needed
Emerging global challenges require a response if FDI volumes are to be maintained.
Exclusive-Chinese Energy Storage, Battery Firms Consider Big Investments in Vietnam
Two Chinese makers of energy storage systems and batteries are weighing investments worth hundreds of millions of dollars in Vietnam, industry and government sources said.
