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Tuesday, July 23, 2024

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Footwear exports seen reaching US$27 billion this year

HCMC – Vietnam’s leather and footwear export revenue is expected to reach around US$26-27 billion this year, up from US$24 billion last year, according...

Biting nails

The draft of the amended Law on Value Added Tax, in which the 0% value added tax (VAT) for services provided to non-tariff and...

Trade deficit returns

Vietnam’s economy returned to a trade deficit in May, ending a 23-month streak of trade surplus. However, researchers and experts view this development as...

Vietnam products go global

Vietnamese businesses have made the most of Amazon to enhance their reputation and penetrate domestic and foreign markets. However, local and global markets are...

Trade revenue surges 15% in Jan-Apr

HCMC – Vietnam's trade in January-April soared by 15.2% year-on-year to US$238.88 billion, according to the General Statistics Office (GSO). GSO data put exports in...

CJ Cau Tre recalls exported products

HCMC - CJ Cau Tre, an export goods processing company, has announced its recall of several exported products due to the presence of an...

Challenges for merchandise trade

In 2023, Vietnam’s merchandise exports and imports dropped by 6.6% year-on-year to an estimated US$683 billion. Export revenue fell by 4.4% to US$355.5 billion...

Industrial inventory-to-sales ratio rises to 87.5%

HCMC - The inventory-to-sales ratio in the processing and manufacturing industry surged to 87.5% in 2023, up from 78.1% in the previous year, according...

Vietnam reports eighth consecutive year of trade surplus

HCMC – Vietnam has marked its eighth consecutive year of trade surplus, with the surplus for this year surpassing the previous year's figures by...

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