MARKET NEWS

HO CHI MINH CITY'S EXPORT TURNOVER GROWS 10.2% OVER THE SAME PERIOD

​​​​​​​On the afternoon of October 1, at the meeting on the socio-economic situation in the first 9 months of 2024, the Department of Planning and Investment of Ho Chi Minh City said that many economic indicators have grown steadily. Notably, export turnover is on a recovery trend and has grown.

In eight months, Vietnam earned nearly VND 4 trillion from tea exports

In the first eight months of 2024, Vietnam earned nearly VND 4 trillion from tea exports, surpassing the total export revenue of last year.

Opportunities for Vietnam’s Passion Fruit Exports to the Australian Market

Australia has made another stride in its agriculture sector by announcing an agreement to export plums to Vietnam in the near future, in addition to the current exports of peaches and nectarines. This project is part of a two-way agricultural market access agreement aimed at providing Australian plums to Vietnam and Vietnamese passion fruit to Australia.

UKVFTA PAVES THE WAY FOR VIETNAMESE TUNA EXPORTS TO THE UK

Vietnamese tuna is enjoying many advantages in the UK market thanks to tariff incentives from the UK - Vietnam Free Trade Agreement (UKVFTA).

Port congestion in Asia may last until the end of August this year

International media reports indicate that the container ship congestion at Singapore-one of Asia's busiest ports-has reached its worst level since the pandemic and has now spread to nearby ports like those in Malaysia. This situation poses a risk to the global supply chain and is causing delays in the shipment of goods within the region.

Four Bottlenecks Impeding the Flow of Goods at the Cai Mep – Thi Vai Port Cluster

At the seminar "Customs and Enterprises Accompanying to Promote the Flow of Import and Export Goods through the Cai Mep - Thi Vai Port Cluster" on July 31, experts identified four bottlenecks hindering the movement of goods at the Cai Mep - Thi Vai port cluster. These include infrastructure connectivity, policy mechanisms, human resources, and administrative procedures.

Opportunity to expand the wooden products market in the UK

The UK's main imported wooden furniture products include living room furniture, dining room furniture, wooden frame chairs and bedroom furniture - items in which Vietnam is stron

New Regulations for Handling IMDG Containers at Cat Lai Port from July 1, 2024

In line with the policy of relocating the handling of IMDG (International Maritime Dangerous Goods) containers out of Cat Lai Port (TCCL) to ensure safety and fire prevention for the port and the surrounding areas, TCSG will implement new regulations for IMDG container handling at TCCL starting from July 1, 2024.

Exported goods will grow strongly in the first 5 months of 2024

As of May, total import-export turnover of goods reached 66.62 billion USD, up 9.1% over the previous month and up 22.6% over the same period last year.