Heineken to shift production from Singapore to Vietnam and Malaysia
Dutch brewer Heineken will shift its brewing production from Singapore to Vietnam and Malaysia as part of its strategy to build a more agile regional supply approach.
Cashew nut exports pick up in 2021 despite COVID-19 challenges
Vietnam’s cashew nut exports saw encouraging growth this year despite COVID-19-induced restrictions, shipping container shortage and rising logistics costs, statistics of the General Department of Vietnam Customs show.
 |
| Illustrative image. |
Vietnam’s cashew nut exports saw encouraging growth this year despite COVID-19-induced restrictions, shipping container shortage and rising logistics costs, statistics of the General Department of Vietnam Customs show.
The country exported 577,400 tonnes of cashew nut for 3.63 billion USD in 2021, up 13 percent and 12 percent, respectively, against the previous year.
According to the Ministry of Industry and Trade’s Agency of Foreign Trade, export price of Vietnamese cashew nut averaged 6,500 USD per tonne in November and December, a 0.2 percent increase from the same period last year, as the product has been in high demand in the US, Europe, China and others during the final quarter of the year with the festive season approaching.
The US remained Vietnam’s biggest buyer, accounting for nearly 30 percent of total exports. It was followed by the Europe and China with a market share of 24 percent and 14 percent, respectively, according to the Vietnam Cashew Association (VINACAS)./.
Bài liên quan
Dành cho bạn
Đọc thêm
Lynas secures Vietnam metal processing deal with LS Eco Energy
Australian rare-earths miner Lynas has signed a framework agreement with LS Eco Energy to produce rare earth metals at a new facility in Vietnam.
Vietnam and EU seek to strengthen ties in transport infrastructure and urban development
Vietnam and the EU will enhance cooperation in transport infrastructure and sustainable urban development in the future, a meeting has heard.
Warburg Pincus eyes participation in Vietnam International Finance Centre
Global private equity firm Warburg Pincus is keen on participating in the Vietnam International Finance Centre, according to a conference held on March 23.
Novatek eyes expanded LNG cooperation in Vietnam
As Vietnam races to secure its energy future and meet the demands of its surging economy, a new partnership with a Russian energy giant is taking shape, signalling a deepening of the nations' long-standing ties.
EU to mobilise over $1 billion for major infrastructure projects in Vietnam
The European Union has launched a $46.4 million Sustainable Transport Development Fund to support large-scale infrastructure projects in Vietnam, with plans to mobilise additional financing from banks and private partners.
NIC partners with TU Berlin to boost Vietnam innovation ties
The National Innovation Centre has partnered with a leading technical university in Berlin to strengthen innovation and startup linkages between Vietnam and Germany.
ACB proposes $20 million non-life insurance subsidiary
Southern lender ACB has unveiled a formal proposal to establish a non-life insurance subsidiary as part of a strategic pivot to evolve into a comprehensive financial services provider by 2030.
