Archive for the ‘Vietnam’ Category

Vietnamese Wheat Flour Products Approved for Export to Taiwan

July 15, 2024

Vietnamese wheat flour products have successfully passed stringent examinations for export to Taiwan (China), marking a significant milestone for Vietnamese enterprises. After a comprehensive evaluation lasting over 17 months, the Taiwan Food and Drug Administration (TFDA) has concluded its inspection process, giving the green light for Vietnamese wheat flour products to enter the Taiwanese […]

Vietnam Targets $3.5 Billion in Durian Exports for 2024

Agricultural Trade, News, Vietnam

July 12, 2024

Vietnam is setting ambitious goals for its fruit and vegetable export sector, with a particular focus on durian. According to the Vietnam Fruit and Vegetable Association, the nation aims to achieve $3.5 billion in export turnover from durian in 2024, marking a 55% increase from the previous year. In June 2024 alone, fruit and vegetable […]

Vietnam-China Trade Projected to Exceed $200 Billion in 2024

China, International Trade, News, Vietnam

July 11, 2024

Vietnam’s trade with China is set to surpass $200 billion this year, driven by strong growth in the first half of 2024. According to the Ministry of Industry and Trade (MoIT), bilateral trade has rebounded significantly, reaching nearly $95 billion in the first two quarters alone. The surge in demand from key markets has […]

Vietnam’s Export-Import Activities Boost State Budget in First Half of 2024

International Trade, News, Vietnam

July 10, 2024

Vietnam’s state budget received a substantial uplift from export-import activities, amounting to 200.46 trillion VND (8.35 billion USD) in the first half of 2024, reflecting an 8.4% increase from the previous year. This achievement, highlighted by the General Department of Vietnam Customs (GDVC) on July 9, underscores the nation’s strong trade performance amid a dynamic […]

Southeastern Vietnam Shows Strong Export Growth in Jan-May

News, Trade and Export, Vietnam

July 9, 2024

Vietnam’s southeastern region, comprising Dong Nai and Binh Duong provinces, key gateways to Ho Chi Minh City, continues to drive the nation’s economic growth with impressive export performance in the first five months of this year. According to official data, Binh Duong province achieved nearly $13.8 billion in exports, marking a 13% increase compared to […]

Vietnam’s Exports Surge in First Half of 2024, Driving Trade Surplus

International Trade, News, Vietnam

July 8, 2024

Vietnam has reported a significant surge in exports during the first half of 2024, leading to a notable trade surplus. This growth has been fueled by both the domestic and foreign-invested sectors The domestic economic sector experienced a remarkable 20.6% increase in exports, reaching $53 billion USD, which represents 28% of the country’s total […]

Viet Nam International Logistics Exhibition 2024: A Global Platform for Industry Innovation and Collaboration

News, Vietnam

June 20, 2024

Ho Chi Minh City, Vietnam – The Vietnam Logistics Business Association (VLA) and VINEXAD Company, in conjunction with the Ministry of Industry and Trade, proudly announce the 2nd Viet Nam International Logistics Exhibition (VILOG 2024). Scheduled to take place from August 1st to 3rd, 2024, at the Saigon Exhibition and Convention Center (SECC), VILOG 2024 is […]

Brazil’s President Lula Explores Trade Opportunities with Vietnam

Brazil, International Trade, News, Vietnam

September 25, 2023

Brazilian President Luiz Inacio Lula da Silva announced on Monday that Vietnam has shown interest in establishing a trade deal with the Mercosur bloc, consisting of Brazil, Argentina, Paraguay, and Uruguay. Lula, who is currently chairing the Mercosur group, aims to foster closer relations between Mercosur members and Asian countries. He highlighted the potential for […]

Vietnam Experiences Positive Growth in Foreign Investment

Foreign Direct Investment, News, Vietnam

August 28, 2023

The International Trade Council is pleased to share recent data underscoring Vietnam’s position as an increasingly attractive destination for foreign investment. As reported by Vietnam’s Ministry of Planning and Investment, the country has garnered an approximate foreign investment of US$18.15 billion (RM84 billion) within the first eight months of this year. This figure reflects an […]

International Trade Council Applauds Vietnam-Israel Free Trade Agreement

Economic Relations, Middle East, News, Vietnam

August 4, 2023

The International Trade Council is thrilled to announce the successful signing of the Vietnam-Israel Free Trade Agreement (VIFTA) on July 25. This landmark agreement is projected to amplify bilateral trade by fifty percent within the next two years. The fruit of a rigorous seven-year negotiation period, the agreement saw its formal endorsement by the trade […]

The International Trade Council is a global, peak-body, chamber of commerce that supports businesses and governments by providing resources, advocacy, and networking opportunities to promote international trade and foreign direct investment. It serves as a platform for organizations to collaborate, share knowledge, and navigate the complexities of global markets.