Author: the-shiv

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Vietnam’s cashew nut imports soar 101.40 percent in March 2025

Vietnam imported US$504.72 million worth of cashew nuts in March 2025, marking a significant 101.40 percent month-on-month increase compared to February, according to Vietnam’s General Department of Customs. The year-to-date total reached US$924.30 million, with Cambodia being the largest supplier.

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Vietnam credit growth hits 3.93 percent in Q1 2025

Vietnam’s banking system added nearly VND614 trillion (US$23.8 billion) in new credit during the first quarter of 2025, with total credit outstanding reaching VND16,230 trillion (US$629 billion), according to State Bank of Vietnam (SBV) Governor Nguyen Thi Hong. The quarterly growth rate of 3.93 percent outpaced the same period last year by more than double, The Investor is reporting.

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Vietnam’s animal fodder imports fall 26.27 percent in March 2025

Vietnam’s imports of animal fodders and related materials dropped 26.27 percent month-on-month in March, totalling US$368.03 million, according to Vietnam’s General Department of Customs. This marks a significant decline from February’s total of US$499.18 million, bringing year-to-date imports to just over US$1.16 billion.

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Vietnam’s aquaculture output rises 5.1 percent in Q1 2025 amid strong pangasius and shrimp harvests

Vietnam’s total aquatic product output reached an estimated 1.99 million tons in the first quarter of 2025, up 2.8 percent year-on-year, driven by higher yields in both aquaculture and exploitation. Aquaculture output alone rose 5.1 percent, reflecting favourable prices and export recovery for pangasius and efficient shrimp farming practices, according to data from the General Statistics Office.

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Vietnam’s Q1 2025 trade turnover hits US$202.5 billion, up 13.7 percent

Vietnam’s total trade in goods reached US$202.52 billion in the first quarter of 2025, rising 13.7 percent year-on-year. While exports rose by 10.6 percent to US$102.84 billion, a faster 17.0 percent increase in imports narrowed the country’s trade surplus to US$3.16 billion, according to a press release from the General Statistics Office.

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Vietnam’s exports to China rise 16 percent in February

Vietnam exported US$4.24 billion worth of goods to China in February 2025, up 16.15 percent from US$3.65 billion in January, according to Vietnam’s General Department of Customs. This brought total exports to China in the first two months of the year to US$7.88 billion.

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Vietnam’s imports from Canada rise 13 percent in February

Vietnam imported US$77.80 million worth of goods from Canada in February 2025, up 13.17 percent from US$68.75 million in January, according to Vietnam’s General Department of Customs. This brought total imports from Canada for the first two months of the year to US$146.57 million.

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Vietnam average income up 9.5 percent year-on-year in Q1 2025

Vietnamese workers saw their average monthly income rise to VND 8.3 million in Q1 2025, an increase of 9.5 percent compared to the same period last year. Gains were recorded across all sectors, despite a slight drop in labour force participation and a continued high number of informal workers, according to a press release from Vietnam’s General Office of Statistics.

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