Garment orders continue to fall sharply

Garment orders continue to fall sharply

The Ho Chi Minh City Textile and Garment - Embroidery Association said that the number of orders of garment enterprises in the city has continuously declined, merely equal to 40 percent compared to the same period last year.
Trade surplus estimated at US$1 billion in July

Trade surplus estimated at US$1 billion in July

The trade balance of goods in July is estimated to have a trade surplus of US$1 billion. In the first seven months of this year, the trade balance saw a trade surplus of $6.5 billion, of which, the domestic economic sector had a trade deficit of $11.1 billion, and the foreign-invested sector, including crude oil, recorded a trade surplus of $17.6 billion.
Many products of HCMC-based enterprises are supported to improve the quality to access export markets. (Photo: SGGP)

HCMC diversifies export markets for enterprises

The Department of Industry and Trade of Ho Chi Minh City on June 25 said that it will support city-based enterprises to diversify export markets to increase the export turnover.
The production of dairy products at Vinamilk. (Photo: SGGP)

Vietnamese enterprises do business amid Covid-19 pandemic

Expanding the domestic market is currently the direction of many Vietnamese enterprises amid the context of the Covid-19 pandemic. When the export situation has not improved, many enterprises have posted significant growth in the domestic market in the past four months.
15 products see export turnover of above US$1 billion

15 products see export turnover of above US$1 billion

According to the Ministry of Industry and Trade, despite the impacts of the Covid-19 pandemic, export turnover still reached US$19.7 billion in April this year, of which 15 products had an export turnover of above $1 billion.
Export growth rate not as high as expected after CPTPP takes effect for one year

Export growth rate not as high as expected after CPTPP takes effect for one year

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) between Vietnam and the first six countries which took effect since December 30, 2018, is considered as a big opportunity to boost export volume and create conditions for enterprises to develop production and trade but the result after a year of implementation remains extremely modest.
HCMC’s retail sales, services revenue surge by 11.2 percent

HCMC’s retail sales, services revenue surge by 11.2 percent

According to the Department of Industry and Trade of Ho Chi Minh City, total retail sales and services revenue were estimated at VND112.77 trillion in January this year, an increase of 11.2 percent compared to the same period last year.