Vietnam shipped 889,000 tonnes of coffee overseas for more than 2 billion USD in the first five months of 2022, up 24.2 and 54 percent year on year, respectively. Illustrative photo (Source: baodautu.vn) In May alone, the country exported 150,000 tonnes of coffee worth 343 million USD, down 4.7 percent and 5.4 percent, respectively. According to the Ministry...

Vietnam exported around 110,000 tonnes of rubber worth 181 million USD in May, up 40.4 percent in volume and 27.9 percent in value against the previous month. Illustrative image (Source: VNA) The figures also represented year-on-year increases of 33.1 percent in volume and 26.4 percent in value, the Agency of Foreign Trade at the Ministry of Industry and Trade...

Vietnam has many more opportunities to increase export of fruits and vegetables to the European Union - the world's largest market, thanks to tariff incentives brought by the EU-Vietnam Free Trade Agreement (EVFTA), according to analysts. Illustrative image (Photo: VNA) Before the EVFTA took effect, Vietnam’s vegetables and fruits exported to the EU market enjoyed preferential tax rates under...

The Vietnam Oil and Gas Group (PetroVietnam) pumped 4.55 million tonnes of crude oil in the first five months of 2022, surpassing the plan by 22 percent, contributing to ensuring national energy security and national development. Illustrative image (Source: VNA) In the period, the group faced numerous difficulties as the Russia-Ukraine conflict has prolonged for more than 100...

US President Joe Biden on June 6 declared a 24-month tariff exemption for solar panels manufactured in four Southeast Asian countries, including Vietnam, in an effort to promote clean energy production in the country. Illustrative image (Photo: VNA) The White House said in a statement that the tax waiving applies to solar panels imported from Vietnam, Cambodia, Malaysia and...

Vietnam’s aquatic product exports to China are expected to rise positively this year, said Nong Duc Lai, Commercial Counsellor at the Vietnamese Embassy in China. Processing tra fish for export. (Photo: VNA) He attributed it to the fact that there is still room to grow for Vietnamese aquatic product exports in the Chinese market. The demand of the 1.4-billion-people...

The Ho Chi Minh City Handicraft and Woodworking Association (HAWA) plans to organise a session to give consultations to domestic businesses on exporting furniture and interior decorating products to Canada, a promising market for Vietnam, on June 7. Illustrative image (Source: VNA) According to experts, the high demand and positive impacts from the Comprehensive and Progressive Agreement for...

Activities introducing and promoting litchi and other Vietnamese fruits at the ongoing Vietnam Festival in Japan have attracted attention of a large number of Japanese people. Vietnamese fruits attract attention at the Vietnam Festival in Japan (Photo: VNA) According to Ta Duc Minh, Vietnam Trade Counselor in Japan, the trade office has used the occasion of the Vietnam Festival...

Vietnam plans to construct five first-class fishing ports for fishery hubs across the country in the 2021-2030 period, according to a plan drafted by the Ministry of Agriculture and Rural Development. Illustrative image (Source: VNA) Under the draft, which is being circulated among ministries, sectors and localities for feedback, the five ports will be built in Hai Phong...

As securities and real estate sectors are not on the list to receive support, the 2 percent interest rate support package's positive effects on the stock market are not strong. A group of brokers and investors looking at the stock trading board. (Photo: vietnamnet.vn) The Government officially issued a decree on interest rate support in loans of enterprises, co-operatives...