Vietnam to post faster growth over other countries in 2023: CIEM (Thursday, December 7,2023)

Vietnam may record a GDP growth rate of 5.19% in 2023, lower than the 8.02% expansion last year but still higher than many other countries in the region and the world, the Central Institute for Economic Management (CIEM) predicted.

  New approach needed to better tap Chinese market: experts (Thursday, December 7,2023)

Experts at a conference in Ho Chi Minh City on December 6 stressed the need for both producers and exporters to change the mindset and approach to boost exports to China, a potential market for Vietnamese farm produce.

  CIEM sets out three economic scenarios for 2024 (Thursday, December 7,2023)

The Ministry of Planning and Investment (MPI)’s Central Institute for Economic Management (CIEM) presented three scenarios for the national economy in 2024 at the Vietnam Economic Pulse Forum jointly held by the institute and UN Development Programme (UNDP) in Hanoi on December 6.

  Eurasia a promising market for Vietnamese exporters: Experts (Thursday, December 7,2023)

The Eurasia region, comprising 28 countries stretching from Eastern Europe to Central Asia with a population of more than 400 million and a total GDP of nearly 4.5 trillion USD, is considered a potential export market of Vietnam, according to experts.

  Coffee exports earned 3.54 billion USD in 11 months of 2023 (Thursday, December 7,2023)

In the first 11 months of 2023, Vietnam's coffee exports were estimated to reach approximately 1.38 million tonnes, worth of 3.54 billion USD, decreasing in both volume and value compared to the same period last year.

  Enhancing competitiveness vital for Vietnam to climb up global value chain (Wednesday, December 6,2023)

Enhancing national competitiveness and capacity of domestic enterprises is vital for Vietnam to climb up the global value chain in the new context of globalisation, heard a workshop held by the Vietnam Institute for Economic and Policy Research (VEPR) in Hanoi on December 5.

  Vietnam’s rice exports hit record high since 1989 (Wednesday, December 6,2023)

Vietnam’s rice exports this year to the end of November hit a record high since 1989 with an export volume of nearly 7.8 million tonnes and turnover of 4.4 billion USD.

  DAILY: Vietnamese pepper prices increased by 500 VND on December 6 (Wednesday, December 6,2023)

On Wednesday, domestic pepper prices in Vietnam's Central Highlands rose by 500 VND to VND72,000 to VND75,000 per kg compared to Yesterday, according to Kinhtedothi.vn.

  DAILY: Vietnamese coffee prices rose by 600 VND on December 6 (Wednesday, December 6,2023)

On Wednesday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area rose by 600 VND to VND59,100 – VND60,100 per kg compared to Yesterday, according to Kinhtedothi.

  Cashew exports earned 3.31 billion USD in first 11 months of 2023 (Wednesday, December 6,2023)

In the first 11 months of 2023, Vietnam’s cashew exports reached 3.31 billion USD, higher than the figure of 3.05 billion USD that the cashew industry had previously adjusted to reduce export turnover for the whole year of 2023.

  Vietnam to develop initiatives to sustain FDI flows (Wednesday, December 6,2023)

Vietnam will set up a support fund to encourage and lure strategic investors and multi-national groups, making it more attractive in attracting foreign direct investment, as the National Assembly recently approved a resolution on applying additional corporate income tax in accordance with the Global Anti-Base Erosion Rules (global minimum tax).

  Import-export exceeded 600 billion USD, trade surplus recorded (Wednesday, December 6,2023)

According to the General Statistics Office, in the 11 months of 2023, the total import-export turnover of goods of Vietnam was estimated to reach 619.17 billion USD; the trade surplus was 25.83 billion USD.

  Coffee exports hoped to set new record (Tuesday, December 5,2023)

Vietnam’s coffee exports in 2023 are expected to break the record of 4 billion USD in export value set in the previous year.

  Vietnamese goods dominate Christmas market (Tuesday, December 5,2023)

With their beautiful designs and reasonable prices, Vietnamese products are dominating the Christmas market, and preferred by many domestic customers.

  Vietnam, Cambodia launch cross-border QR payment link (Tuesday, December 5,2023)

Vietnam and Cambodia have officially launched a bilateral cross-border QR payment link, allowing their peoples to scan QR codes to make payments in each other’s country using their local currency.

  Vietnam among 10 biggest construction ceramic producing countries (Tuesday, December 5,2023)

Vietnam is among the 10 biggest producers of construction ceramics and has the fourth largest ceramic tile output, according to Deputy Minister of Construction Nguyen Van Sinh.

  6 agricultural, forestry and fishery products with export value of over 3 billion USD in 11 months (Tuesday, December 5,2023)

In the first 11 months of this year, wood and wood products, vegetables, rice, coffee, shrimp, cashew nuts were agricultural, forestry and fishery products with export turnover exceeding 3 billion USD.

  Total retail sales of goods and consumer service revenue in November increased by 1.4% (Monday, December 4,2023)

The total retail sales of goods and consumer service revenue in November were estimated at 552.7 trillion VND, up by 1.4% over the previous month and up by 10.1% over the same period last year due to consumer demand.

  Retailers anticipate business to pick up in year-end shopping season (Monday, December 4,2023)

Retailers in Vietnam are increasing inventory and have launched promotions in anticipation of opportunities in the year-end shopping season, as there are just over two months left until the Lunar New Year (Tet) – the biggest festival in a year of Vietnamese people.

  Vietnamese agricultural products introduced at India’s expo (Monday, December 4,2023)

Vietnam’s standout farm produce and processed products are being showcased at the Indian Food Expo, which opened in Lucknow city, Uttar Pradesh state on December 1.

  Vietnam’s PMI drops to lowest level in five months: S&P Global (Monday, December 4,2023)

Vietnam's Manufacturing Purchasing Managers' Index (PMI) dropped to a five-month low of 47.3 in November from 49.6 in October, according to international independent credit rating data source and index provider Standard & Poor’s Global (S&P Global).

  Vietnam’s e-commerce to hit 20.5 billion USD this year: conference (Monday, December 4,2023)

Vietnam’s e-commerce is expected to reach 20.5 billion USD this year, affirming its important role in the national digital economy, heard a conference held by the Vietnam E-commerce and Digital Economy Agency under the Ministry of Industry and Trade (MoIT) in Hanoi on December 1.

  Export-import turnover of agro-forestry-aquatic products down 5.9% (Friday, December 1,2023)

Vietnam's total export and import turnover of agro-forestry-aquatic products is estimated at 85.13 billion USD in the January-November period, down 5.9% from the same period last year, the Ministry of Agriculture and Rural Development (MARD) reported.

  Vietnam's trade surplus at 22.44 billion USD in 11 months (Friday, December 1,2023)

Vietnam enjoyed a trade surplus of 24.44 billion USD as of November 15 this year, according to data released by the General Statistics Office (GSO).

  Hanoi’s consumer price index up 0.07% in November (Friday, December 1,2023)

The consumer price index (CPI) in the capital city grew up 0.07% in November from the previous month, according to the Hanoi Statistics Office.

  DAILY: Vietnamese pepper prices rose by 500 VND on November 30 (Thursday, November 30,2023)

On Friday, domestic pepper prices in Vietnam's Central Highlands rose by 500 VND to VND70,500 to VND73,500 per kg compared to Yesterday, according to Kinhtedothi.vn.

  DAILY: Vietnamese coffee prices fell by 200 VND on November 30 (Thursday, November 30,2023)

On Friday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area fell to VND57,600 – VND58,700 per kg compared to Yesterday, according to Kinhtedothi.

  November’s CPI grows 3.45% (Thursday, November 30,2023)

The consumer price index (CPI) for November has gone up by 0.25% compared to the previous month and 3.45% to the same period last year, announced the General Statistics Office (GSO) on November 29.

  Tuna exports to Italy increased by 30 times (Thursday, November 30,2023)

Vietnam’s tuna exports to Italy increased by 30 times in October of 2023 and have risen to become Vietnam's largest tuna import market in the EU.

  Seafood imports decreased by 5.5% in first 10 months of 2023 (Thursday, November 30,2023)

According to the preliminary statistics figures of the General Department of Customs, the import turnover of all kinds of seafood to Vietnam in the first 10 months of 2023 reached over 2.14 billion USD, down by 5.5% compared to the first 10 months of 2022.