of 2020
Seven Items Export Turnover Exceeds US$1 Billion in First Half of 2020
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Cashew exports earn the country a total of US$1.6 billion throughout the reviewed period, up by 7.7% against the same period from last year. The average export price stands at an estimated US$5,805 per tonne.Vietnam ships 1.02 million tonnes of coffee overseas for US$2.4 billion in the first six months of the year, a decline of 2.2% in volume but up by 3% in value, respectively.Shrimp exports rake in US$1.2 billion in the first half of the year, an annual drop of 34%.Vietnamese rubber export revenue in the January to June period hits US$803 million with a volume of 580,000 tonnes, annual declines of 23.7% and 3.3%, respectively.The export turnover of wood and wooden products in the first half of the year reaches US$4.7 billion, showing a sharp decrease compared to last year.Vietnamese fruit and vegetable export turnover hits more than US$1 billion in June for the first time, duly raising the figure in the first half of this year to US$2.75 billion, more than 63% higher than that of the same period last year.
The Chanh Thon carpentry village in Nam Tien commune, Hanoi’s Phu Xuyen district, boasts a rich history in traditional crafts. (Source: nongthonmoihanoi.gov.vn) Hanoi’s People’s Committee has announced plans to develop the Nam Tien Craft Village Industrial Cluster in the city’s outlying Phu Xuyen district, with a total investment of 623 billion VND (approximately 254 million USD). Spanning 26.3 hectares across Nam Tien commune and Phu Minh town, the industrial cluster will serve as a hub for traditional crafts such as carpentry and mechanical engineering. The project aims to relocate production facilities from residential areas to improve environmental protection, enhance product quality, and foster sustainable industrial practices. The Hoang Tin Urban and Infrastructure Development Investment JSC has been chosen as the main investor, and the site is expected to be completed within two years, with a projected operational lifespan of 50 years. This development is anticipat...
Ho Chi Minh City is a treasure trove of Vietnam’s rich historical heritage, particularly significant sites related to the Vietnam War. Nha Rong Harbor Nha Rong Harbor (or Ho Chi Minh Museum – Ho Chi Minh City branch) is the largest harbor in Saigon and a renowned attraction, captivating both domestic and international visitors with its unique architecture that blends French elegance and Vietnamese cultural influences. Nha Rong Harbor holds historical significance as the point of departure for President Ho Chi Minh, the revered leader of Vietnam, as he embarked on a journey to seek national liberation in 1911. This historic destination is a must-see for anyone exploring Ho Chi Minh City. Nha Rong Harbor (or Ho Chi Minh Museum – Ho Chi Minh City branch) is renowned as the largest harbor in Saigon. Photo: Saigon Local Tour Nha Rong (or Ho Chi Minh Museum) is strategically situated at the junction of the Saigon River and the end of Nguyen Tat Thanh Street. “Nha Rong” tran...
Ho Chi Minh City has been making waves with its recent bold reforms, aimed at creating a more attractive investment environment. One key initiative, reintroduced in 2024, is the one-stop mechanism at industrial and high-tech parks, designed to streamline investment procedures for businesses. This efficient approach has paid off, according to the Management Board of the Saigon Hi-Tech Park (SHTP). They report a significant reduction in the time needed for investment procedures, now taking just six to four months, a far cry from the previous two-year wait. Alongside procedural improvements, the city is also investing heavily in inter-regional transport and digital infrastructure, further enhancing its appeal. These advancements have not gone unnoticed by high-tech giants. NVIDIA, Marvell, Hyosung, and Evolution Data Centers Group are among those increasing their investments in Ho Chi Minh City. NVIDIA, in particular, has shown great interest in the city’s potential, sending re...
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