News
Cashew firms enhance processing to add value to exports
Cashew processing businesses have in recent years invested in modern machinery and equipment for intensive processing and adding more value [...]
Bình Dương aims to attract investments for new-generation industrial parks
In 2024, Bình Dương Province plans to attract 130-140 investment projects to industrial parks (IP), securing US$1.2-1.3 billion from foreign [...]
EVFTA
Rare Earth Mining in Vietnam: Industry Overview
Ranked third in the world in terms of its rare earth mining potential, Vietnam could become a major player in rare earth supply chains. Here’s how foreign investors can get involved. Rare earths are essential elements for the production of various products, including cancer drugs, smartphones, and renewable energy technologies. [...]
Searching for Product Providers
Many Vietnamese companies are actively asking us to help searching for business opportunities in Northern Europe; we regularly publish their information in the right panel. There are also two lists of Vietnamese exporters: one is a list of accredited Vietnamese exporters published by the Vietnamese Ministry of Industry and Trade and the other is an additional updating list in page Suppliers ▶.
Import/Export Summary
Units: US$1,000 and %
| | VN import from | Share | Import from VN | Share |
|---|---|---|---|---|
| Sweden | 207,681 | 0.07% | 1,341,438 | 0.92% |
| Denmark | 183,324 | 0.07% | 366,155 | 0.38% |
| Norway | 202,197 | 0.07% | 868,759 | 1.07% |
| Latvia | 12,989 | 0% | 194,795 | 1.13% |
| Iceland | 1,474 | 0% | 41,748 | 0.73% |
Introduction to Vietnamese Market
Ho Chi Minh city—the biggest and most developed city of Viet Nam
Vietnam follows an export-led growth model, as can be found in several emerging economies, combining trade liberalization and foreign direct investment promotion to spur exports. Vietnam’s growth has accelerated in recent years in part due to the US-China trade war, which kicked off in July 2018. As part of the fallout, Vietnam’s exports to the US rose by 28.8 percent year on year in the first quarter of 2019, making the US the largest importer of Vietnamese goods. A number of manufacturing businesses have also moved operations to Vietnam, including Foxconn, Samsung, and LG.
