Raw Materials & Natural Resources
This category covers key natural resources, including agriculture, fisheries, forestry, mining, and energy. It explores production trends, exports, imports, and government policies affecting raw material industries. Topics include supply chain dynamics, sustainability efforts, and the role of natural resources in global commodity markets. This section is essential for understanding the resource-driven sectors that underpin the economy and their impact on domestic and international trade.
Vietnam’s coal imports jump 4.64 percent in October
Indonesia remained the largest supplier, contributing US$206.47 million, marking a 36.98 percent increase month-on-month. Australia followed with US$174.98 million, showing growth of 32 percent…
Vietnam’s tea exports grow in October, year-to-date performance shows robust growth
Year-to-date figures demonstrate strong growth. From January to October, Vietnam exported 120,306 tonnes of tea, valued at US$211.93 million. This reflects a 28.3 percent rise in volume and a 30.3 percent increase in value compared to the same period in 2023.
Vietnam’s rice exports dip in October, but year-to-date figures remain strong
Despite the October dip, year-to-date performance remains robust. From January to October, Vietnam exported 7.75 million tonnes of rice, generating US$4.86 billion in export value. This marks a 10.1 percent increase in volume and a 23.5 percent rise in value compared to the same period in 2023, reflecting higher global rice prices.
Vietnam’s precious stone and metal exports grow in October, but year-to-date figures decline
However, year-to-date performance remains weak. From January to October, exports in this category totalled US$523.14 million, marking a significant 38.3 percent decline compared to the same period in 2023.
Vietnam’s pepper exports grow in October, year-to-date value remains strong
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 base metals and metal product exports grow in October, YTD steady
Year-to-date figures also reflect stable growth. From January to October, exports in this category totalled US$3.47 billion, a 3.6 percent increase compared to the same period in 2023.
Vietnam’s ore and mineral exports surge in October, but year-to-date volume declines
However, year-to-date performance presents a mixed picture. From January to October, exports totalled 1.71 million tonnes, marking a 28.8 percent decline in volume compared to the same period in 2023. Despite this, export value rose by 11.1 percent, reaching US$174.41 million, likely reflecting higher unit prices.
Vietnam’s manioc exports surge in October, but year-to-date figures decline
From January to October, Vietnam exported 2.09 million tons of manioc and manioc products, valued at US$955.41 million. This represents a 12.7 percent decrease in volume and a 7 percent drop in value compared to the same period in 2023.
Vietnam’s fruit, vegetable processing posts strong annual growth despite October dip
The sector saw a 5.8 percent dip in October compared to September, likely attributable to some residual impacts of Typhoon Yagi earlier in the year–compared to October 2023, the industry showed remarkable resilience with an 18.8 percent year-over-year increase, driven by sustained export demand and domestic consumption.
Vietnam’s animal fodder imports soar in October
Argentina emerged as the leading supplier, with imports more than doubling, up 115.98 percent compared to September, while imports from Brazil surged by 154.23 percent, driven by rising shipments of key raw materials such as soybean meal and corn…
Vietnam tractor market set to grow 3.4 percent annually through 2029
The report attributes the market’s steady growth to increasing agricultural mechanisation, rising food demand, government support, and advancements in tractor technology.
Vietnam’s fruit and vegetable exports drop sharply in October but maintain strong year-to-date growth
Despite the October decline, year-to-date performance remains strong. From January to October, Vietnam exported fruits and vegetables valued at US$6.16 billion, representing a 27.8 percent increase compared to the same period in 2023…
Vietnam’s fishery exports grow in October and maintain steady year-to-date performance
Year-to-date figures also show consistent growth. From January to October, Vietnam’s fishery exports totalled US$8.25 billion, representing a 10.9 percent increase compared to the same period in 2023…
Agriculture sector sees drop in FDI with no new projects in October
Year-to-date, the sector has attracted nine projects with total capital amounting to US$91.53 million. This significant decline reflects the challenges in attracting consistent FDI in agriculture-related industries, which often depend on specific seasonal and market-driven factors.
Vietnam’s fertiliser exports rise in October, year-to-date figures show steady growth
Year-to-date figures also highlight positive performance. From January to October, Vietnam exported 1.44 million tonnes of fertilisers, generating US$590.54 million in value. This represents a 10.9 percent increase in volume and a 9.4 percent rise in value compared to the same period in 2023.
Vietnam’s crude oil exports plummet in October, year-to-date figures remain stagnant
Vietnam’s crude oil exports faced a sharp decline in October 2024, with export volumes dropping to 118,275 tonnes and a value of US$73.29 million. This represents a significant 58.6 percent decrease in volume and a 61.4 percent fall in value compared to September, which recorded 285,624 tonnes valued at US$189.70 million, according to Vietnam’s General Department of Customs
What’s left in the State Bank of Vietnam’s gold reserves?
The State Bank has said it will continue to sell gold bars from its gold reserves in order to ‘stabilise’ the gold market. Between June 3 to October 29, the central bank sold 305,600 taels of gold or about 11.46 tons of gold into the market from its reserves. At today’s gold price, US$84,880.7 a kilogram, those 11.46 tons would be worth US$972.7 million…
Vietnam’s coal exports decline in October, year-to-date figures remain under pressure
The decline in value both for October and year-to-date underscores challenges in the coal sector, including fluctuating global prices and demand shifts toward cleaner energy sources. While volume stability offers some optimism, addressing value declines will be critical for sustaining the sector’s contribution to Vietnam’s exports if that is indeed something Vietnam wants to continue…
Vietnam’s cashew nut exports show robust growth in October and year-to-date figures
Year-to-date figures reveal even more impressive growth. From January to October, Vietnam exported 609,229 tonnes of cashew nuts valued at US$3.58 billion, reflecting increases of 17.9 percent in volume and 21.4 percent in value compared to the same period in 2023…
Vietnam’s animal fodder exports rise in October, but year-to-date figures lag behind
Vietnam’s exports of animal fodders and animal fodder materials saw a notable increase in October, with export value reaching US$97.05 million. This marks a 22.6 percent growth compared to US$79.13 million in September, reflecting a strong recovery in export performance for the month…
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