More than 320 companies from around the world will participate in a plastic and rubber industries exhibition opening in Ho Chi Minh City next month.
The textile and garment industry development planning to 2020 with a vision towards 2030 has set to earn an export value of US$20 billion by 2020, which is seen as a setback when it already achieved the value of US$27.5 billion in 2015 and expects US$31 billion this year.
Vietnam raked in US$6.37 billion from exporting computers, electronics and spare parts in the first five months of this year, a year-on-year rise of 6%, according to the Ministry of Industry and Trade.
The leather and footwear sector’s exports reached nearly US$5 billion in the first five months of this year, up 6% against the same period last year, according to the Ministry of Industry and Trade.
Vietnam could face numerous difficulties in reaching its export value target for this year because of low growth in total exports for the first four months, experts said.
Vietnam gained a year on year increase of 41% from export value of vegetable and fruit to US$526 million in the first three months of this year.
Officials expect Vietnam’s tra fish (pangasius) export value to continue falling this year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam's economy this year bounced back and exceeded expectations with the GDP growth rate reaching an estimated 6.7%- the highest rate in five years.
The aquaculture sector needs to take comprehensive restructuring measures for sustainable development, said Minister of Agriculture and Rural Development Cao Duc Phat.
(VOV) -Over the past decade, Vietnam’s engineering industry has increased localization and exports. The sector is finding ways to develop and integrate into the global economy.
Vietnam’s tra fish export to China and Hong Kong (China) recorded a strong growth in the first ten months of this year, hitting US$122 million, representing a year-on-year increase of nearly 50%.
Vietnam’s natural rubber exports in the first five months of this year reached a volume of 330,000 tonnes worth US$475 million, according to the Ministry of Agriculture and Rural Development.
It is urgent to assist domestic businesses to become a strong pillar of the Vietnamese economy, an economy whose growth has been largely fostered by foreign direct investment (FDI) in recent years, experts said.
(VOV) - Microsoft Group – the new owner of Nokia Vietnam is transferring a large number of production lines from factories in China, Hungary and Mexico to Vietnam, according to a representative of Nokia (Vietnam) Limited Liability Company.
The export value of seafood in the first half of this year grew strongly due to a sharp increase in shrimps and prawns.
High demand has led to an increase in Vietnam 's pottery and porcelain exports in the early months of 2014, reported the Vietnam General Department of Customs.
(VOV) -Two-way trade volume between Vietnam and France in the first two months of 2014 rose slightly by 3.1% from a year earlier to nearly US$362 million, according to recently released official statistics.
(VOV) -Vietnamese exports to Indonesia in the first two months of 2014 reported 16% growth in sales volume compared to the same period last year to US$386.85 million according to official statistics.
(VOV) -Mobile handsets and spare parts raked in US$3.3 billion from exports in the past two months, representing a year-on-year rise of 22.9% and topping the list of processed industrial products.
The garment and textile industry in the first two months of this year gained a year-on-year increase of 30.1% in export value to reach US$3.2 billion.