of 2020
Seven Items Export Turnover Exceeds US$1 Billion in First Half of 2020
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Cashew exports earn the country a total of US$1.6 billion throughout the reviewed period, up by 7.7% against the same period from last year. The average export price stands at an estimated US$5,805 per tonne.Vietnam ships 1.02 million tonnes of coffee overseas for US$2.4 billion in the first six months of the year, a decline of 2.2% in volume but up by 3% in value, respectively.Shrimp exports rake in US$1.2 billion in the first half of the year, an annual drop of 34%.Vietnamese rubber export revenue in the January to June period hits US$803 million with a volume of 580,000 tonnes, annual declines of 23.7% and 3.3%, respectively.The export turnover of wood and wooden products in the first half of the year reaches US$4.7 billion, showing a sharp decrease compared to last year.Vietnamese fruit and vegetable export turnover hits more than US$1 billion in June for the first time, duly raising the figure in the first half of this year to US$2.75 billion, more than 63% higher than that of the same period last year.
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Ho Chi Minh City has been making waves with its recent bold reforms, aimed at creating a more attractive investment environment. One key initiative, reintroduced in 2024, is the one-stop mechanism at industrial and high-tech parks, designed to streamline investment procedures for businesses. This efficient approach has paid off, according to the Management Board of the Saigon Hi-Tech Park (SHTP). They report a significant reduction in the time needed for investment procedures, now taking just six to four months, a far cry from the previous two-year wait. Alongside procedural improvements, the city is also investing heavily in inter-regional transport and digital infrastructure, further enhancing its appeal. These advancements have not gone unnoticed by high-tech giants. NVIDIA, Marvell, Hyosung, and Evolution Data Centers Group are among those increasing their investments in Ho Chi Minh City. NVIDIA, in particular, has shown great interest in the city’s potential, sending re...
The annual four-day summer festival, which kicked off on July 25, was a celebration of Vietnamese culture and community in Berlin. The event featured a diverse range of live performances, including music, art, comedy, dance, and culinary delights, showcasing the vibrant fusion of Vietnamese and German cultures. One of the highlights was a special film program presenting award-winning short films and exclusive pre-screenings of the new series, “Made in Germany,” directed by the talented Vietnamese-German director, Ngo Ngoc Duc. The festival also marked a significant milestone—the 20th anniversary of the shopping center’s founding. Nguyen Van Hien, the general director, reminisced about the challenges and triumphs of the center’s journey, now a thriving and unique presence in the multicultural landscape of Berlin. The Mayor of Lichtenberg, Martin Schaefer, acknowledged the district’s evolution, home to Dong Xuan and the largest Vietnamese community in Berlin, shaped by the immigrants ...
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