The city’s total import-export turnover reached US$60.1 billion in 2024, up 11% year-on-year.

The city will continue to support businesses in exploring new markets, capitalizing on the Free Trade Agreement of which Vietnam is a member.

Local consumers prefer shopping options that offer convenience and assurance of product origin.

Vietnamese companies have encountered difficulties piercing foreign markets due to lack of managerial skills and failure to carefully evaluate the market risks, said Dr. Christiane Beck, Project Director Sequa Trade Capacity Building.

​Multi-national groups are eyeing Vietnam as the new production base, deciding to relocate their factories to the country where they can outsource products at reasonable prices.

​Around VND1,254 billion will be invested in building a seaport in Phu Quoc island which is able to receive foreign tourist ships.

Vietnam Steel Corporation (VNSTEEL) has entered into a long-term comprehensive cooperation agreement with Austrian partner – RHI Refractories Asia Pacific Pte. Ltd.

Participants at an October 3 seminar on retails and investment policies raised their concern over the domination of foreign retailers who, thanks to their advantages in capital and technology, may defeat local ones.

The Can Tho City People’s Committee met with the Business Association of High Quality Vietnamese Products on October 2 to promote all around cooperation with France and seek to enlarge overseas markets for local businesses.

The Ministry of Industry and Trade (MoIT) Trade Promotion Department hosted a seminar in Hanoi on September 30 examining ways to improve export competitiveness for Vietnam’s small and medium-sized enterprises (SMEs) through trade promotion scheme.

​The International Atomic Energy Agency (IAEA) and Food and Agriculture Organisation (FAO) recently honoured a number of countries, including Vietnam for their achievements in using radiation in agricultural production.

Fresh litchi is all but on its way Downunder as the Australian Government is finalising its approval, according to the Vietnamese Trade Office in Australia.

In the first nine months of the year, Vietnam exports of rice declined 5.2% in volume and 1.6% in value compared to the same period last year to 5.02 million tonnes valued at US$2.3 billion, according to the Ministry of Agriculture and Rural Development (MARD).

Agro-forestry and seafood exports in the first nine months of 2014 jumped 11.4% from a year earlier and reached US$22.66 billion, according to the Ministry of Agriculture and Rural Development.

The economic playing field in which Vietnam is a thrust will drastically change upon the realisation of the ASEAN Economic Community (AEC) and regional integration by 2015.

A workshop was held in HCM City on September 24 to update businesses on new legal regulations of the US and make recommendations to help them successfully penetrate this lucrative market.

On the afternoon of September 13th, at the press conference held by Party Committee Propaganda Department, deputy director of the Department of Industry and Trade Tran Thi Phuong Lan said that in the city there are 135 stores and 28 trade centers (shopping center) types, meeting the demands of consumers.

The potential payoff from the EU-Vietnam Free Trade Agreement (EVFTA) that could be concluded and ratified as early as 2014 is an estimated 10-15% boost in GDP along with a concurrent expansion of Vietnamese exports by 30-40%.

Indonesia`s state logistics agency BULOG has reached a deal with the Vietnam Food Association to purchase 200,000 tonnes of rice, officials announced at a seminar in Jakarta on September 23.

According to Vietnam Customs statistics, Vietnamese pepper exports hit an record high of 136,000 tonnes valued at US$1.022 billion in the first nine months of the year.

Vietnamese Goods Week in France opened in Paris on September 22, offering a chance for Vietnamese businesses to boost their exports in France and other EU nations.

Vietnam surpassed all other nations to become the largest supplier of fish to the Colombian market in 2013, making up 36% of this South American nation’s total market share.

German financial assistance is very essential for Vietnam’s sustainable development, said Finance Minister Dinh Tien Dung at a working session with his German counterpart Wolfgang Schauble in Hanoi.