Vietnam’s economy recovered well in the first half of 2022, growing by 7.72 percent on the back of strong exports and consumer expenditure. Here, Vietnam Briefing presents a report on how the International Monetary Fund (IMF) examined specific economic patterns with a bullish assessment of the growth of the nation. The International Monetary Fund (IMF) claims that Vietnam’s robust economic development is taking a different course from the other nations in Asia, which are seeing a decreasing trend. Additionally, because internal inflation pressures have mostly been contained to fuel prices and directly associated services like transportation, Vietnam’s inflation rate has also stayed under […]
Author Archives: Mai Ngoc
The export of wood and wooden furniture surpassed US$6.42 billion at the end of May 2021, setting a record high and overcoming the effects of the epidemic. This is an increase of 42% over the same time in 2020. provides COVID-19 The global COVID-19 pandemic has had a significant impact on several product supply chains […]
In the presence of the President of Israel, representatives from the embassy, and other authorities, Chairman of the Vietnam E-commerce Association Steven Nguyen signed a contract on February 7 to assist Israel in growth. Along with officials from your government’s ministries, industries, and enterprises, Vietnam has a representative office in Israel Mr. Steven Nguyen discussed […]
Export
Vietnam exported 7 different types of agricultural goods worth more than USD 2 billion in the first eight months of the year.
TTO – The export of agricultural, forestry, and fisheries goods generated 36.3 billion USD in the first eight months of this year, with 7 groupings of products reaching export values of over 2 billion USD. The export turnover of agricultural, forestry, and fisheries goods was projected at US$4.4 billion in August, up 32% from the […]
In the past year, 14 Vietnamese products, including rice paper, dried noodles, coffee, and pottery, have been sold on Amazon per minute. Almost 7.2 million items were sold on Amazon in 2016.On the Amazon e-commerce site, try searching for “Rice paper wrapper” to find hundreds of items from Vietnam, Thailand, and Japan. But Vietnamese-made goods […]
Vietnam is becoming a significant supplier for the rest of the globe due to the country’s amazing development in the agriculture, spice, and flavoring sectors. Vietnam is becoming a significant producer of spices and flavorings for the global market due to the country’s rapid change in the agricultural sector and the spice and flavoring industry. […]
Export
Vietnam’s export turnover to CPTPP member countries in the first 7 months of 2022 reached 31.47 billion VND.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has created a breakthrough for Vietnam’s experts specifically, in 2021, the total import-export turnover will reach $680 billion, an impressive growth of 19% in the context that the Covid-19 epidemic has had a profound impact on the world economy. According to statistics of Vietnam Customs, in […]
On October 8 in Hanoi, VietinBank Nam Thang Long and DMC Group signed a comprehensive cooperation agreement. DMC Group was established in 1994, headquartered on the 17th floor of DMC Building, 535 Kim Ma, Ba Dinh, Hanoi. After nearly 20 years of construction and development, DMC Group currently has 6 member units: Tan Long Co. […]
Export
The Vietnam Business Association in Sweden accompanies domestic enterprises to promote the consumption of Vietnamese goods in the Nordic area
The Trade Promotion Agency (Ministry of Industry and Trade) in collaboration with the Vietnam Trade Office in Sweden (concurrently Norway, Denmark, Iceland, and Latvia) organized a trade delegation in Sweden and Norway from June 6. August 16, 2022. Here, one of the key activities is to connect domestic enterprises with import and distribution enterprises on […]
News
In the first 5 months of 2022, Vietnam is the second-largest supplier of furniture (HS 94) in the United States
According to ITC statistics, the United States remains the leading importer of furniture group (HS94), accounting for 28.1% of the world’s total import turnover. Vietnam has risen to the second position in terms of supplying this group of goods. From 2017 to now, the trend of importing furniture group (HS94) has increased, an average of […]