news image

Exports to US up nearly 15%

Vietnam exports to the US increased by nearly 15% to US$38.5 billion last year while imports rose by 11.7% to US$8.7 billion, according to statistics of Vietnam Customs Thus, Vietnam still enjoyed a trade surplus with the US – its second largest trade partner after China. The US is also the top importer of many Vietnamese key products. Garment ranked first with an export ...

Read more
news image

2017: trying to export more than the rate of 6-7%

The Ministry of Industry and Trade has set the export target for the year 2017 higher than the target assigned by the National Assembly and the Government (6-7%), import surplus at a rate lower than the set target by the National Assembly and the Government (3.5% of export turn-over).   Vegetable exports achieved significant growth (above 30%) in 2016. Photo: Internet. Export surplus According ...

Read more
news image

Increase nearly 40,000 import-export enterprises over 10 years

In 2016, the number of firms operated in the field of import-export is up to 73,170 enterprises, increased by nearly 40,000 enterprises compared to 10 years ago (2007). Data source: General Department of Customs According to General Department of Customs, in 2016, there were 73,170 enterprises operating in the field of import-export, a total value of 9.8 million VND of Customs declarations, and total ...

Read more
news image

PM wants shrimp exports to reach US$10 billion by 2025

Prime Minister Nguyen Xuan Phuc asked the shrimp industry to strive for an export value of US$10 billion by 2025 during a conference on shrimp production held in the southernmost province of Ca Mau on February 6. Vietnam has become the world’s third largest shrimp exporter and the world’s leading exporter of giant tiger prawn, heard participants.  Shrimp export accounted for nearly 50 percent ...

Read more
news image

Exports to India on upward trend

Vietnam exports to India in 2016 grew 8.7% to more than US$2.68 billion against the previous year, according to Vietnam Customs. Vietnam-India total trade increased from US$1.01 billion in 2006 to around US$5.5 billion in 2016 while Vietnam exports to India jumped 19.34 times with an average growth of 253%. 2016 was the first year Vietnam enjoyed a trade surplus of US$70 million with ...

Read more
news image

BEST CARE SHIPPING HOLIDAY NOTICE – LUNAR NEW YEAR 2017

BEST CARE SHIPPING would like to advise Customers and Agents that we will close for the Lunar New Year holiday from Thursday, 26 January 2017 to Wednesday, 1 February 2017.  We re-open for business on Thursday, 2 February 2017. We wish you and family a prosperous and happy new year.

Read more
news image

Vietnam-Japan trade expected to surge in 2017

The Vietnam-Japan trade is expected to reach a new height in 2017 as the two countries have agreed on many measures to boost the trade exchange, it was agreed at a recent seminar on promoting trade with Japan held by the Ministry of Industry and Trade (MoIT). Vu Cuong, deputy head of East Asia division of the Asia Pacific Market Department under the MoIT, ...

Read more
news image

Vietnam a smart place to do business: US Ambassador

US Ambassador to Vietnam Ted Osius shares his thoughts about the upcoming Lunar New Year in this piece written exclusively for Tuoi Tre News. US Ambassador to Vietnam Ted Osius speaks in an interview in Hanoi. The new year is traditionally a time to look back on our accomplishments and look forward to the opportunities and challenges awaiting us. In that spirit, I would ...

Read more
news image

Cashew sector predicted to keep stable growth

Vietnam’s cashew nuts exports in 2016 posted rapid growth, reaching 348,000 tonnes, generating a year-on-year increase of 19.1% in export turnover, heard a conference in Ho Chi Minh City on January 16. 2016 marks the 11th consecutive year Vietnam has led the world in exporting cashew nuts, accounting for 28 percent and 42 percent of the total volumes of semi-processed and processed cashew nuts, ...

Read more
news image

Tra fish (Vietnamese catfish) exports in 2016 increased by 7% to US$1.66 billion, accounting for 24% of total seafood export value.

Vietnamese tra fish products have been exported to 137 markets in the world. They occupied the largest market shares in the US (23%), then China (17%) and the EU (16%). Exports to the US reached US$354.2 million in the first 11 months of 2016, up 22.2% against the same period of 2015. In 2016, anti-dumping duties and the catfish inspection programme are the two ...

Read more
TAGS