06:00 | 05/04/2021 Trade
(VEN) - E-commerce is forecast to continue booming in 2021 with revenue surpassing last year’s figure of US$11.8 billion, offering opportunities for domestic businesses to build new business strategies and approach modern distribution channels.
15:00 | 25/03/2021 Trade
(VEN) - Tran Xuan Thuy, CEO of Amazon Global Selling Vietnam, said e-commerce grew six fold in comparison with traditional sales activities in 2020. Vietnamese sellers exceeded US$1 million in sales on Amazon last year, he added.
MoIT cuts export growth target to 4-5 percent
10:53 | 25/03/2021 Trade
(VEN) - Tran Thanh Hai, Deputy Director of the Ministry of Industry and Trade’s (MoIT) Agency of Foreign Trade said the ministry had set a 4-5 percent export growth target for 2021 after carefully considering existing and potential difficulties caused by the pandemic and changes in global trade.
Two-month exports surge 27.1 percent
06:00 | 15/03/2021 Trade
(VEN) - Vietnam’s import-export turnover reached US$97.5 billion in the first two months of the year, an increase of 26.7 percent compared to a year ago, with exports surging 27.1 percent to US$50 billion. During the week of February 10-16, import-export turnover reached US$1.67 billion, a year-on-year increase of 53 percent.
Vietnam’s stock market offers new opportunities
06:00 | 01/03/2021 Trade
(VEN) - Despite the impact of the Covid-19 pandemic, Vietnam’s stock market maintained stable operations with increasingly improved liquidity in 2020. Its performance contributed to supporting the business community and reassuring investors. The stock market continues to offer new opportunities in 2021.
Vietnamese rice exports increase 10 percent
06:00 | 22/02/2021 EVFTA
(VEN) - Despite Covid-19 induced difficulties, Vietnam’s rice exports exceeded US$3 billion in 2020, more than 10 percent higher compared with 2019. Given this result, the rice sector is forecast to continue growing in 2021 thanks to increasing demand and the implementation of new-generation free trade agreements (FTAs).
Minister praises record 2020 trade surplus
06:00 | 12/02/2021 Trade
(VEN) - Foreign trade and international economic integration were the highlights of Vietnam’s 2020 economic performance. Vietnam Economic News’ Phuong Lan discussed this with Minister of Industry and Trade Tran Tuan Anh.
Foreign trade, a highlight on Vietnam’s 2020 economic picture
06:00 | 10/02/2021 Trade
(VEN) - In 2020, Vietnam exported goods worth an estimated US$281.5 billion and imported goods worth US$262.4 billion, up 6.5 and 3.6 percent from 2019, respectively, posting a trade surplus of US$19.1 billion, the highest level in five consecutive years since 2016, according to the Ministry of Industry and Trade (MoIT).