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insights & analysis
Day: November 30, 2024
Vietnam’s pepper exports grow in October, year-to-date value remains strong
the-shiv November 30, 2024 10:00 pm
Year-to-date figures show mixed results. From January to October, Vietnam exported 218,732 tonnes of pepper, a 3 percent decline in volume compared to the same period in 2023. However, the export value surged by 47 percent, reaching US$1.11 billion, reflecting higher global pepper prices.
Vietnam’s pastry and cereal product exports surge in October
the-shiv November 30, 2024 6:00 pm
Year-to-date figures further highlight robust performance. From January to October, exports in this category totalled US$995.76 million, a 20.8 percent increase compared to the same period in 2023.
State Bank of Vietnam increases credit limits for some of banks to meet 15 percent target
the-shiv November 30, 2024 5:23 pm
This is an interesting decision with broad uncertainty around what might happen with respect to the US dollar when Trump assumes the presidency in January, though most economists are expecting a stronger dollar. Bad debts among Vietnam’s banks have also been rising and the country’s US dollar reserves have fallen below the IMF recommended three months worth of imports.
Vietnam’s exports to Australia decline sharply in October
the-shiv November 30, 2024 2:00 pm
Vietnam’s exports to Australia reached US$471.42 million in October, reflecting a significant drop of 26.05 percent compared to September. The year-to-date export value stood at US$5.50 billion, according to Vietnam’s General Department of Customs.
Vietnam’s transportation exports surge in October, growth steady year-to-date
the-shiv November 30, 2024 10:00 am
Year-to-date performance remains solid. From January to October, the sector’s exports totalled US$12.52 billion, a 5.9 percent increase compared to the same period in 2023.
Vietnam retail sales for accommodation and food services decline
the-shiv November 30, 2024 6:00 am
In September, sales in this sector were VND 62.45 trillion, equivalent to US$2.46 billion. By October, the figure had declined to VND 59.87 trillion, or US$2.36 billion, marking a month-on-month drop of 4.13 percent.
Vietnam’s exports to the United Kingdom rise 13.1 percent in October
the-shiv November 30, 2024 2:00 am
Vietnam’s exports to the United Kingdom totalled US$687.2 million in October, marking a 13.1 percent increase month-on-month. The year-to-date export value reached US$6.36 billion, according to Vietnam’s General Department of Customs.
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