WB: Vietnam's economy shows signs of recovery, GDP may reach 5.5% in 2024 (Monday, April 29,2024)

According to the World Bank (WB), Vietnam's economy is showing different signs of recovery, so GDP growth is forecast to reach 5.5% in 2024 and gradually increase to 6% in 2025.

  The UK- A stable market for Vietnamese pangasius (Monday, April 29,2024)

According to data from General Department of Vietnam Customs, the UK imported nearly $3 million worth of pangasius from Vietnam in the first half of March 2024. Cumulative pangasius exports to this market reached $12 million as of March 15, 2024, down 3% from the same period last year.

  Vietnam’s leading rice export markets in first quarter of 2024 (Sunday, April 28,2024)

The preliminary statistics figures of the General Department of Customs showed that, in the first quarter of 2024, Vietnam exported 2.18 million tonnes of rice, earning 1.43 billion USD, an increase of 17.6% in volume and 45.5% in value year on year.

  Pangasius exports to UAE increased by 67% in Q1/2024 (Sunday, April 28,2024)

Vietnam’s pangasius export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year.​ UAE mainly imported frozen fillets from Vietnam.

  Vietnamese canned sugarcane juice favoured in US (Saturday, April 27,2024)

The first cases of Vietnamese canned sugarcane juice have hit supermarket shelves in Miami, the US state of Florida.

  Investor confidence gains traction on improved business climate (Saturday, April 27,2024)

Better investment climate, with simplified administrative producers and special incentives, has helped improve investor confidence, thus catalysing investments from a wider pool of both domestic and international investors for socio-economic development.

  Vietnam steel market update: Vietnam's steel exports increase in Q1 (Saturday, April 27,2024)

In the first quarter of 2024, Vietnam's steel exports were valued at nearly US$2.4 billion and more than 3.23 million tons, up by 42% year on year and by 40.1% in value compared to the same period in 2023.

  DAILY: Vietnamese pepper prices decreased by 500 VND on April 26, 2024 (Friday, April 26,2024)

On Friday, domestic pepper prices in Vietnam's Central Highlands decreased by 500 VND to VND96,000 - VND97,000 per kg compared to Yesterday, according to Kinhtedothi.

  DAILY: Vietnamese coffee prices increased by 2000 VND on April 26, 2024 (Friday, April 26,2024)

On Friday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area rose by 2000 VND to VND130,500 – VND133,200 per kg compared to Yesterday, according to Kinhtedothi.

  Chile is tending to increase tuna imports from Vietnam (Friday, April 26,2024)

Chile imported nearly 3 million USD of tuna products from Vietnam in the first 2 months of 2024, an increase of 58% over the same period in 2023.

  Textile and garment sector keeps growth and attracting FDI investment (Friday, April 26,2024)

Vietnam exported 9.53 billion USD worth of textile and garment products in the first quarter of 2024, an increase of 9.62% compared with the same period of 2023. The sector targets to an export turnover of 44 billion USD in 2024.

  Exports and imports of animal feed and raw materials in March and first 3 months of 2024 (Friday, April 26,2024)

The preliminary statistics figures from the General Department of Customs showed that, in the first 3 months of 2024, Vietnam’s exports of animal feed and raw materials reached nearly 222.27 million USD, down by 3.1% compared to the first 3 months of the year 2023.

  Vietnam's seafood exports and imports in March and first 3 months of 2024 (Friday, April 26,2024)

According to the preliminary statistics figures from the General Department of Customs, in the first 3 months of 2024, seafood exports reached nearly 1.95 billion USD, an increase of 6.4% compared to the first 3 months of 2023.

  DAILY: Vietnamese pepper prices decreased by 1000 VND on April 25, 2024 (Thursday, April 25,2024)

On Thursday, domestic pepper prices in Vietnam's Central Highlands decreased by 1000 VND to VND96,500 - VND97,000 per kg compared to Yesterday, according to Kinhtedothi.

  DAILY: Vietnamese coffee prices increased by 2000 VND on April 25, 2024 (Thursday, April 25,2024)

On Thursday, Robusta coffee prices in Vietnam's Central Highlands, the country's largest coffee-growing area rose by 2000 VND to VND130,500 – VND131,500 per kg compared to Yesterday, according to Kinhtedothi.

  In first 3 months of this year, Italy was Vietnam's largest iron and steel import market (Thursday, April 25,2024)

In the first 3 months of this year, Italy is still Vietnam's largest iron and steel import market, earning nearly 299 million USD, increasing in volume and value over the same period last year.

  Measures to continue to be "bright spot" in attracting FDI (Thursday, April 25,2024)

Attracting FDI investment capital is one of the bright spots contributing to positive economic results in the first quarter of 2024, creating a favorable start for 2024.

  Vietnam seeks to remove obstacles in upgrade of securities market (Thursday, April 25,2024)

The State Securities Commission of Vietnam (SSC) recently held an online working session with the World Bank (WB) and the Asia Securities Industry and Financial Markets Association (ASIFMA) to discuss ways to remove obstacles related to criteria for upgrading the Vietnamese securities market.

  SBV takes more actions to stabilise foreign exchange rates (Thursday, April 25,2024)

The State Bank of Vietnam (SBV) on April 23 took some moves like issuing treasury bills (T-bills), further employing T-bills as an open market operation (OMO), and stipulating liquidity and interest rates in the inter-bank market in the face of surging USD/VND exchange rates.

  Chili export to Chinese market increased by 72.3% (Wednesday, April 24,2024)

Chili export in March reached 1,523 tonnes with a value of 4.2 million USD, a sharp increase of 72.3% compared to February 2024. China imported 1,339 tonnes, accounting for nearly 88% of output.

  Brazil is a market supplying the most corn to Vietnam (Wednesday, April 24,2024)

Brazil is the largest market supplying corn to Vietnam in the first 3 months of 2024, accounting for 53.4% of the total volume and 54.3% of total corn import turnover.

  Exports are favorable, dragon fruit prices soar (Wednesday, April 24,2024)

In many dragon fruit growing areas in Tien Giang, Long An, Binh Thuan, dragon fruit price is fluctuating around 30,000 - 40,000 VND/kg, an increase of 10,000 - 15,000 VND/kg.

  Fertilizer exports and imports in first quarter of 2024 (Wednesday, April 24,2024)

According to the statistics figures from the General Department of Customs, in the first quarter of 2024, Vietnam exported nearly 499,786 tonnes of fertilizers of all kinds, equivalent to 207.79 million USD, with an average price of 415.8 USD/tonne.

  Vietnam - an enticing destination for foreign investors: IMF expert (Wednesday, April 24,2024)

Vietnam is an attractive destination for foreign investors thanks to its high, stable growth, large domestic market and young, well-educated human resources, said Paulo Medas, head of the International Monetary Fund (IMF) team to Vietnam at the Annual Meetings of the IMF and the World Bank Group (WB) held recently in the US.

  Banks propose raising small loan cap to 400 million VND (Wednesday, April 24,2024)

Credit institutions have proposed to raise the cap of small loans not requiring feasible capital use plans and related person information from 100 million VND to 400 million VND (15,710 USD).

  In the first quarter of 2024, pangasius export to UAE market increased by 67% (Tuesday, April 23,2024)

In the first 3 months of 2024, Vietnam's pangasius exports to the UAE market reached more than 7 million USD, up 67% over the same period last year.

  Pepper export to the Korean market increased nearly 180% (Tuesday, April 23,2024)

In the first quarter of 2024, Korea spent more than 9.37 million USD to import 2,165 tonnes of pepper from Vietnam, an increase of 179.7% in volume and 188.5% in value compared to the same period last year.

  New growth drivers needed for businesses (Tuesday, April 23,2024)

2024 is considered a pivotal year for Vietnam's economy to accelerate and make a breakthrough.

  Demand for prime retail space on the rise in HCM City’s downtown: Savills Vietnam (Tuesday, April 23,2024)

Luxury brands are looking for high-quality retail space in District 1 - the downtown area of Ho Chi Minh City, according to Savills Vietnam.

  Majority of credit institutions forecast profit growth in 2024 (Tuesday, April 23,2024)

A total of 86.2% of credit institutions expect their profit this year to grow compared to 2023, according to the latest survey of the State Bank of Vietnam (SBV).