In this week’s edition, we bring you the latest updates from the vibrant Vietnam and global markets, covering everything from emerging industry trends to insightful economic analysis.
The Port of Los Angeles recently announced the first gain after 13 months of waiting. It is not a big deal (a 3 percent increase again in the same period last year), but it is a good sight for a slow improvement of consumption in the US after the COVID-19 pandemic….
In the world market, coffee prices continued to maintain their upward momentum after the trading session on September 14. Brazil exported 3.67 million 60kg-bag of coffee in August, including 3.35 million bags of green coffee, up 33.3% over the same period last year, according to the Coffee Exporters Association Brazil (CECAFE)….
China is still a stable traditional market for Vietnam for importation and exportation. With the advantage of a long border between the two countries, cross-trade border cargo is very durable, especially after China re-opened after an extended anti-covid protective policy…
BE AWARE AND PREPARED WELL AGAINST DROUGHT AT PANAMA CANAL. In the second week of Aug 2023, the situation of the Panama Canal just shews a bit better, with fewer vessels queuing at…
ECONOMIC DOWN KEEPS SHIPPING LINES AT RISK. With the decline in shipping, we have seen some carriers adjust their fleets in operation to maintain their services for survival. Some could be more successful…
Furniture exporters received good news with some orders returned from the USA, Australia, S.Korea, and India after 7 months declined. From the Department of Forestry (Ministry of Agriculture and Rural Development), the export value of wood products in the first 6 months of 2023 Vietnam is estimated at 6.42 billion USD, down nearly 29% compared to the same period in 2022….
VIETNAM RICE EXPORTATION IN A BRIGHT PATH While other industries received fewer export orders in the first half of 2023, rice traders are getting non-stop orders from not only traditional markets like the…
NET ZERO BY 2050 – A CHALLENGING TARGET IN GLOBAL EFFORTS It is no doubt that the temperature of the atmosphere has become hotter and many natural phenomena have been changed in worse…
VIETNAM TRADE LOOKS FORWARD TO BETTER RESULTS WITH MORE ACTIVE ACTIONS. From the good news of the GSO, we see a lid of light from several efforts from governmental agencies and local enterprises….