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.

The 2014 Export Forum was held in HCM City on September 12 to discuss ways to boost key export items to major markets, improve product quality and develop Vietnamese trademarks.

Two-way trade between Vietnam and Brazil reached US$1.745 billion in the first seven months of this year, according to Vietnamese Trade Office in Brazil.

Vietnam’s total seafood import value has reached US$720 million over the past eight months, accounting for 73% of the total seafood import turnover compared to the same period in 2013.

Of the output, 8,595 tons came from exploitation and the rest from aquaculture.

More than 300 businesses from19 countries are participating the 14th Vietfood&Beverage Exhibition and the 18th International Exhibition on Food Processing, Packaging and Technology (Propack Viet Nam 2014) taking place in HCM City from yesterday to Saturday.

The Ministry of Industry and Trade`s proposal to stick stamps on beer products to deter fake products has not been welcomed by the industry. Similar stamps are already placed on tobacco products.

The Vung Ro Oil Co. Ltd. (VRP) began site leveling for construction of the Vung Ro Oil Refinery & Petrochemical project yesterday morning.

The top 10 importers of Dak Lak coffee were Germany, Japan, the US, Italy, Switzerland, the Republic of Korea (RoK), India, Spain, Indonesia and Russia.

Viet Nam expects to export 600 tonnes of lychees and 1,200 tonnes of longans to the US.

Vietnamese rubber exports are forecast at 1 million tonnes with total export value of US$1.8-2 billion for 2014, down 10% in volume and 25-30% in value compared to last year.

The event, expected to draw over 10,000 visitors, provides an excellent opportunity for them to popularise the Vietnamese land and its people as well as to tout the region’s investment potential to Belgian and other foreign visitors.

As a consequence of Vietnam opening its markets in line with World Trade Organisation (WTO) commitments on January 1, 2009, the country has blossomed into a promising market for foreign franchisors.

Belgium was Vietnam ’s 7 th largest trade partner in the EU and the 35th biggest investors in the country by the end of 2013,

The number of people making online purchases spiking in the last two years in Southeast Asia, particularly Viet Nam, global information company Nielsen said in a report last week.

Vietnamese Russian trade has been sluggish in recent years, but is expected to rebound strongly when a Free Trade Agreement (FTA) between Vietnam and the Customs Union (VCUFTA) comes into effect later this year.

Businesses have been provided with financial assistance for production and import-export activities, and were offered tax incentives.

Vietnamese participants Vingroup, Golden Gate, SATRA and Takahiro Food introduced the nation`s strengths, prospects for co-operation and investment environment to potential Japanese partners.

Imported fruit from Thailand are expanding their presence in the Vietnamese marketplace thanks to their good quality and price, much to the chagrin of Chinese fruit growers.

The World Economic Forum (WEF) released its Global competitiveness Report 2014-2015 on September 3 citing Vietnam as having improved by two notches, to 68thfrom last year’s 70th, in its global competitiveness ranking.

High-rise skyscraper Lotte Center Hanoi held its official grand opening ceremony yesterday.