Import and export in 2023 officially reached 683 billion USD
According to the latest statistics of the General Statistics Office, import-export turnover in 2023 officially reached 683 billion USD.
Not yet "cooled down", coffee export prices have increased for the 5th consecutive session
At the end of the trading session on December 28, coffee export prices increased for the fifth consecutive time. Arabica coffee prices increased by 0.13% and Robusta coffee prices increased by 2.34%.
Promoting connectivity between Hanoi, Ha Nam and provinces in the Northern key economic region
Through “Link to Grow”, Hanoi hopes to support businesses in promoting, introducing products, connecting and finding business cooperation opportunities.
Trade promotion linked to promoting tourism and local culture
On the evening of December 28, at the Son Tay Culture and Sports Center, Hanoi, the opening ceremony of the Trade Promotion Fair associated with promoting local tourism and culture took place.
Japan is in the Top 2 markets for importing Vietnamese seafood.
After the United States, Japan is in the Top 2 largest seafood import markets of Vietnam in 2023.
Exporting to Asia - Africa: Exploiting opportunities from niche markets
Import and export activities with the Asia-Africa region are increasingly diversified. Besides traditional markets, niche markets are exploited to the maximum.
Vietnam's digital economy is the fastest growing in Southeast Asia
According to Google, Vietnam's digital economy has grown the fastest in Southeast Asia for two consecutive years (28% in 2022 and 19% in 2023), 3.5 times higher than the GDP growth rate.
Hanoi and provinces in the Northern Key Economic Zone: Connecting for mutual development
Through “Link to Grow”, Hanoi hopes to support businesses in promoting, introducing products, connecting and finding business cooperation opportunities.
Ministry of Industry and Trade stops issuing licenses for exporting and importing HFC substances
From January 1, 2024, the issuance of licenses for the export and import of HFC substances shall comply with the provisions of Decree No. 06/2022/ND-CP dated January 7, 2022 of the Government.
Export businesses are restless because of sudden increase in shipping costs.
Shipping rates have skyrocketed due to insecurity in the Red Sea region, leaving many exporters on edge.
Shrimp Export: Many Expectations from the Billion-People Market
China's shrimp consumption is large, even larger than that of the US and Europe. Therefore, Vietnam's shrimp exports to the Chinese market still have many prospects for growth.
E-commerce accounts for nearly 70% of the digital economy.
In 2023, e-commerce had a breakthrough development, growth was among the top in the world and accounted for nearly 70% of the digital economy.
What does the Ministry of Industry and Trade recommend to limit the impact of the situation arising in the Red Sea region?
The Import-Export Department - Ministry of Industry and Trade informed that recently, in the Gulf of Aden and Red Sea, cargo ships have been attacked.
Import and export reached 650 billion USD, trade surplus over 25 billion USD
By mid-December, the country's total import-export turnover reached 649.96 billion USD; trade surplus was over 25 billion USD.
In November 2023, durian exports increased by more than 480%
In the first 11 months of 2023, durian exports increased by more than 480%, of which durian exports to the Chinese market increased by 1,515.1% over the same period last year.
Limited supply, coffee exports continue to increase sharply in price
Coffee export prices continue to rise amid lack of signs of improvement in supply.
List of Vietnamese agricultural products that dominate exports to Guangdong (China)
In the group of Vietnamese export items to Guangdong (China), besides electronic equipment, agricultural products always dominate.
Rubber exports to the United States are facing competition from many markets.
Vietnam's rubber exports still have many prospects, but exports to the United States are facing competition from many markets such as Indonesia, Thailand...
Coffee exports to Germany increase sharply
In November 2023, Vietnam's coffee exports to Germany increased by 1,590.1% in volume and 1,317.3% in value compared to October 2023.
By 2023, Hanoi is expected to have 10 Creative Design Centers for OCOP products and craft villages.
It is expected that by 2023, Hanoi will have 10 creative design centers to introduce, promote and sell OCOP products and craft villages associated with tourism.
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