Fishery exports reeled in 10.14 billion USD as of November this year, up 27% annually, said the Ministry of Agriculture and Rural Development. Illustrative photo (Source: VNA) Of the sum, Tra fish and shrimps contributed 2.2 billion USD and 4.1 USD, up nearly 62% and 14.6% year-on-year, respectively. Tra fish’s sharp increase was thanks to the strongest annual surge...

Two-way trade between Vietnam and Australia is expected to surpass the projection of 15 billion USD and set a new record in 2022. Illustrative image (Photo: VNA) National Assembly (NA) Chairman Vuong Dinh Hue’s ongoing official visit to Australia is also hoped to open up new opportunities for bilateral cooperation to turn the bilateral ties into a comprehensive...

According to statistics of the Provincial Customs Department, from the beginning of October 2022 to now, the customs force has detected and prevented 189 cases of smuggling, commercial fraud and counterfeit goods, up 175% compared to August and September 2022. According to the Provincial Customs Department, at the end of the year, the smuggling is likely to become more...

Surmounting difficulties to boost economic recovery, Vietnam is expected to post a foreign trade record of 780 billion USD in 2022. Total exports and imports are forecast to reach 780 billion USD this year. (Photo: VNA) Economic experts described the export and import panorama as highly positive, as two more groups of commodities – transport vehicles and spare...

Agro-forestry-fishery exports stood at about 49.04 billion USD in the first 11 months of 2022, higher than last year’s record of 48.6 billion USD, the Ministry of Agriculture and Rural Development (MARD) said. A tra fishing processing factory of the Navico company (Photo: VNA) The 11-month export rose 11.8% year on year while imports increased 6.9% to some...

More than 90% of consumers said that they prioritise made-in-Vietnam commodities when making a decision on the purchase of anything, according to the steering committee for the Ministry of Industry and Trade (MoIT)’s “Vietnamese people prioritise made-in-Vietnam products” campaign. Vietnamese fruits on supermarket shelves (Photo: VNA) The committee said that Vietnamese commodities have made up 90% of the goods...

In the first nine months of 2022, Vietnam was the third largest seafood supplier for the US in terms of volume and the 5th largest in value, data from the US National Marine Fisheries Service showed. Illustrative photo (Source: VNA) Accordingly, between January and September, Vietnam shipped 244,4000 tonnes to the US market and earned 1.78 billion USD, up...

Vietnam recorded a trade surplus of 10.6 billion USD in the January-November period, the General Statistics Office announced on November 29. In November, the country's import-export turnover is estimated at 57.58 billion USD. (Photo: VNA) In November, the import-export turnover is estimated at 57.58 billion USD, down 1.2% month-on-month and 7.8% year-on-year, bringing the total value in the...

Vietnam attracted 25.1 billion USD in foreign investment in the first 11 months of 2022, up 0.5% month-on-month but down 5% year-on-year, the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment has said. Work underway on buildings in HCM City which took the lead in foreign investment attraction in 11 months of 2022. (Photo: VNA)...

Infrastructure investment, trade environment and competitive wages are three factors that keep Vietnam’s economy humming along and its growth numbers positive, according to an article published on the vietnam-briefing.com. Illustrative image (Photo: VNA) Specifically, Vietnam spent around 6% of its GDP on infrastructure, which is among the highest in the ASEAN region. Among that spending were some big ticket...