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Update news export turnover
VietNamNet Bridge - The demand from Vietnam’s key export markets has decreased significantly, while the dollar has appreciated sharply, causing textile and garment export growth to slow down.
VietNamNet Bridge - With the current national financial structure, Vietnam is safe from financial global crises, including the debt crisis in Greece.
VietNamNet Bridge - Vietnam has a skilled labor force and favorable natural conditions to grow vegetables and fruits but it still needs foreign technologies to clean farm produce for export.
China is expected to import more than $10 trillion in goods and services and invest $500 billion abroad in the next five years, offering opportunities for Viet Nam and other countries in the Asia-Pacific region.
VietNamNet Bridge - The US is moving a great deal of outward investment to Vietnam. The US Intel Group, for example, plans to relocate its production line worth $1 billion from Costa Rica to Vietnam.
VietNamNet Bridge - Viet Nam takes the lead among the world's shrimp supplier community for the highest number of businesses that have been granted four-star Best Aquaculture Practices (BAP) certification.
VietNamNet Bridge - Vietnam is the second biggest rice exporter in the world, the fifth largest tea exporter and the fourth biggest shrimp exporter. But the country has met major difficulties when entering large markets.
VietNamNet Bridge - High export turnover and high export growth rate are figures usually cited in government agency reports as proof of economic development. However, there are many problems behind the figures.
VietNamNet Bridge - The strong-dong exchange rate policy has dealt a blow to farm-produce exporters and agricultural businesses.
VietNamNet Bridge - Many large construction projects have resumed work, while coal prices have decreased, helping to cut production costs. Cement manufacturers see great opportunities to revive their business..
Viet Nam plans to reduce greenhouse gas (GHG) emissions from rice cultivation alone by 14 per cent by 2030.
VietNamNet Bridge – While Vietnamese businesses have to struggle to bring their products to the world market, foreign goods do not encounter the same obstacles when entering Vietnam.
VietNamNet Bridge – More and more foreign coffee companies are coming to Vietnam to make money from processing, while Vietnamese companies are content with modest profits from selling raw materials.
VietNamNet Bridge – There will be no major obstacles for Vietnamese businesses in the global market in 2015, but the biggest difficulties will come from the domestic market, economists say.
VietNamNet Bridge – Vietnam could see a trade deficit in 2015 after three consecutive years of a surplus, as prices for crude oil, which Vietnam exports, have plummeted.
Domestic demand for U.S. apples drops; JICA provides additional JPY36.4 billion to improve power supply; Export turnover hits nearly 13 bln USD in January; Vietnam trade deficit swells in January
Vietnamese software firms have signed many contracts worth millions of dollars with US partners.
The Ministry of Agriculture and Rural Development (MARD) has insisted on no more than 10 percent of ice and 83 percent of moisture in seafood exports, but businesses have vowed they will fight the regulation.
Over 31.9 trillion VND worth of G-bonds sold in December; Processing, manufacturing industry performs well in 2014; More positive signs for economy; Retail sales up 10.6% in 2014; Number of re-operated enterprises up 7.1%
The Dak Lak provincial People’s Committee are seeking the government’s permission to build four more cassava starch processing plants, though there are four plants in the locality, which cause serious environment pollution.