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.
Vietnam's exports surge in first half of 2024, driving trade surplus
Vietnam’s goods export turnover was estimated at 190.08 billion USD in the first half of 2024, a year on year rise of 14.5% and pushing up the country's trade surplus to 11.63 billion USD, reported the General Statistics Office (GSO) on June 29.
 |
| Illustrative image (Photo: VNA) |
The growth was driven by both domestic and foreign-invested sectors. The domestic economic sector saw an export rise 20.6% to 53.39 billion USD USD, accounting for 28.1% of the total.
Meanwhile, the foreign-invested sector, including crude oil, posted a 12.3% increase to 136.69 billion USD, making up the remaining 71.9%.
Processed industrial goods dominated exports, generating an estimated turnover of 166.79 billion USD.
Imports also grew steadily, rising 17% year-on-year to 178.45 billion USD. The domestic economic sector contributed 65.74 billion USD to import turnover, reflecting a 22.3% increase. The foreign-invested sector imported 112.71 billion USD worth of goods, up 14.1% compared to the same period last year.
Raw materials for production were the leading import category, accounting for a significant 94% share with a value of 167.73 billion USD.
The US remained Vietnam's largest export market, with an estimated turnover of 54.3 billion USD. China retained its position as Vietnam's top import market, with an estimated value of 67 billion USD./.
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.
