A worker extracts rubber latex. (Photo: VNA)
The Vietnam Rubber Association (VRA) forecast that the country's rubber export will hit 11 billion USD in 2025, marking a yearly growth rate of 10% .
Rubber prices in the world market are increasing sharply, which help rubber companies gain positive growth in revenue and profits.
In January, Vietnam exported about 180,000 tonnes of rubber worth 341 million USD, an 14.5% decrease in volume and a 14.6% increase in value year-on-year.
The average export price in January was estimated at 1,892 USD per tonne, 34% higher than that of the same period last year.
According to Vietnam Customs, in 2024, the country exported about 2 million tonnes of rubber worth 3.42 billion USD, surpassing the highest level of 3.3 billion USD recorded in 2022./.
VNA
By 2028, THACO AGRI's projects in Cambodia will generate combined export revenue of 800 million USD per year and contribute 35 million USD annually in taxes to the state once they are fully operational.
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietnam's total aquatic exports in the month reached 774 million USD, up 3% year-on-year. This increase was primarily driven by strong Chinese demand for premium fresh seafood products, including lobster, crab, clams, and snails, as consumers prepared for Lunar New Year celebrations.
The northern province of Quang Ninh has revised its 2025 growth target to an unprecedented 14%, surpassing the government-assigned goal by 2% and exceeding previous provincial forecasts.
Through Drinktec, the Vietnamese beverage industry can update digital techniques and technologies as well as green and circular technology transformations, while strengthening connections with partners and expanding the markets.
Following a robust performance in 2024, the landscape appears ripe for further expansion despite the challenges posed by a competitive environment.
In 2024, fresh coconut and coconut product exports surpassed 1 billion USD, marking the highest figure in the past 14 years.
Vietnam is aiming for double-digit economic growth, making energy expansion essential. To achieve this, the country should create a transparent and investor-friendly environment to attract the private sector.
The seaport-linked FTZ in the Cai Mep Ha vicinity is expected to boost the maritime economy to capitalise on the strategic location of Ba Ria-Vung Tau, attract foreign investment, and drive growth in the logistics, seaport, and international trade sectors.
HCM City will direct funding towards transport, energy, and telecommunications infrastructure, including national highways, regional connectivity roads, Tan Son Nhat International Airport, Can Gio international transhipment port, and the Lotte Eco Smart City.
The container shipping route connecting the ports of Beibu Gulf (China), Hai Phong (Vietnam) and Kolkata (India) is destined to become a key strategic trade axis, contributing to the sustainable growth of both the regional and Vietnamese maritime industries.
The southernmost province of Ca Mau wants to increase agricultural and fishery exports to Singapore and strengthen cooperation in several sectors, Deputy Secretary of its Party Committee, Nguyen Ho Hai has told Singaporean embassy officials.
The city aims to deepen cooperation with Japan in key areas such as sustainable urban development, emissions reduction, climate change adaptation, innovation, digital transformation, supply chain resilience, supporting industries, healthcare, tourism, culture, workforce development, and people-to-people exchanges.
Tan Cang-Cai Mep International Terminal (TCIT) in Phu My township of the southern province of Ba Ria-Vung Tau has welcomed the first vessel from EC3 of the Premier Alliance. The vessel, named ONE EAGLE, has a capacity of 14,000 TEUs.
Shrimp products recorded a strong 13%increase in export value in January 2025, reaching a total of 273.3 million USD. This growth accounted for 35.3% of Vietnam's total seafood export turnover, contributing significantly to the country's overall seafood export performance.
It is estimated that if low-value goods worth less than 1 million VND are subject to a 10% VAT rate, State budget revenue could increase by around 2.7 trillion VND (105.6 million USD).
The programme concentrates in selectively attracting both domestic and foreign resources, improving the business environment, streamlining administrative procedures, and accelerating project implementation.
The Ministry of Transport has approved adjustments to policies, solutions, and resource allocations for the implementation of the national seaport system master plan for 2021-2030, with a vision to 2050. The Can Gio port is now part of the implementation roadmap.
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 25,832 VND/USD on February 18, up 25 VND from the previous day.
The MoIT recommended that businesses take a proactive approach by developing roadmaps and strategies to diversify export markets, improve product quality, and ensure compliance with technical, labour, and environmental standards.
According to the banks' financial reports, of 28 banks, 16 banks had a charter capital of more than 1 billion USD, one more than in 2023.
