Although the garment and textile industry is witnessing new export growth, the sector still faces challenges due to increasing market and customer demands, requiring them to leverage the industry’s position in the world market, according to experts.
VOV.VN - Vietnam’s total import-export revenue hit US$511.11 billion in the first eight months of the year, representing a year-on-year rise of 16.7%, the General Statistics Office (GSO) said on September 6.
Vietnam is expected to maintain a trade surplus for the ninth consecutive year in 2024, given its export growth in the remainders of the year equal to that during January-July, according to experts.
Vietnam's wood industry has showed signs of recovery in the first months of 2024, and this positive trend continues, bolstered by an increase in orders from traditional markets and progress towards achieving export targets set for the year.
VOV.VN - The first four months of this year witnessed Vietnam's import-export revenue hit US$ 238.88 billion, with a trade surplus of US$8.4 billion, higher than the figure of US$7.66 billion recorded in the same period from last year, according to the General Statistics Office (GSO).
More than 255 tonnes of durian were exported to China via border gates in the northern province of Lao Cai in the first three days of 2024, earning nearly US$1 million, according to Lao Cai Border Gate Customs Office.
VOV.VN - Vietnam raked in US$2.51 billion from the export of 1.87 million tonnes of rubber during the 11-month period of this year, down 0.2% in volume and 14.9% in value compared to the same period from last year, according to the General Statistics Office (GSO).
Garment and textile firms are urged to flexibly implement measures to bring into full play market opportunities and promote growth, so as to fulfil the set goal of over US$40 billion in export revenue this year.
Vietnam’s vegetable export revenue is forecast to reach about US$1-1.5 billion by 2030 under a project recently approved by the Ministry of Agriculture and Rural Development.
Vietnam has enjoyed an increase in exports via e-commerce in recent years, with many micro-, small- and medium-sized enterprises (MSMEs) are in a prime position to reap significant benefits from the rapid growth of the e-commerce sector.