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The cashew industry had to spend more than $3 billion to import raw cashew nuts for processing export products in the first 11 months, in order to gain an export revenue of $3.98 billion.
MoreFollowing Peru's ratification, the UK has secured the sixth and final ratification needed to trigger its accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). As the UK officially becomes the first non-founding economy to join the CPTPP, Việt Nam News reporter Thu Ngân spoke with British Consul General in HCM City Alexandra Smith about the UK's inclusion in the CPTPP and how this milestone will benefit the UK - Việt Nam bilateral trade relationship.
MoreIndonesian Minister of Industry Agus Gumiwang Kartasasmita announced that three global electric vehicle (EV) manufacturers - France’s Citroen and China’s BYD and AION - have committed to establishing EV manufacturing plants in the Southeast Asian nation.
MoreVietnam’s import-export value is projected to reach nearly 800 billion USD by the end of 2024, bringing the 1 trillion USD target for 2025 within reach. This ambitious goal requires businesses to accelerate preparations to ensure export goods meet the standards and regulations of importing countries.
MoreMalaysia-China economic ties have continued to strengthen, with bilateral trade reaching nearly 98 billion USD between January and November, matching the 2023 total trade volume.
MoreTurkmenistan and Malaysia are poised to strengthen bilateral economic cooperation, focusing on energy, trade, and innovation, said Turkmenistan President Serdar Berdimuhamedow on Thursday.
MoreAn increasing number of Vietnamese enterprises are showing interest in Saudi Arabia, particularly in the sectors of Vietnam's advantages and the Middle East country's needs, a diplomat has said.
MoreThe National Economic and Development Authority (Neda) Board greenlit the issuance of an executive order that would fulfill the Philippines’ commitments under its free trade agreement (FTA) with South Korea, putting the implementation of the deal on track despite the ongoing political turmoil in Seoul.
MoreVietnam’s 2024 export revenue for agricultural, forestry, and fishery products is expected to surpass 60 billion USD, exceeding targets and setting an all-time high, according to the Ministry of Agriculture and Rural Development.
MoreWith an upbeat export growth projection of about 5% this year, Thailand's Ministry of Commerce and its private sector are optimistic for a further 2-3% growth in 2025, bringing total export value to about 305 billion USD.
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