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Vietnam becomes world’s third largest seafood exporter

Vietnam has become the world’s third largest seafood exporter, accounting for 7 percent of the world market share. The Southeast Asian nation raked in US$9.5 billion from exporting aquatic products in the first 10 months of 2022, up 34 percent on year, the Viet Nam Association of Seafood Exporters and Producers (VASEP) reported.   Of the figure, shrimp […]

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Vietnam: M&A deals hit US$5.7 bln during Jan-Oct

Merger and acquisition (M&A) activities carried out by Vietnamese enterprises were estimated to reach over US$1.3 billion during the January-October period. According to KPMG Viet Nam, M&A deals in Viet Nam reached US$5.7 billion over the last 10 months of the year, a year-on-year decrease of 35.3 percent. During the reviewed period, Singapore was the […]

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International retailers expand foothold in Vietnam

Vietnam is becoming increasingly more and more attractive in the eyes of foreign retail giants. Despite global fluctuations some big international retailers are making ambitious plans to expand their foothold in the Vietnamese market, mainly due to a stable growth structure in Vietnam. Key market for retailers When referring to big foreign retailers in Vietnam […]

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Vietnam aims to become world’s largest ginseng producer

Vietnam plans to grow 24,000 hectares of ginseng by 2030 and become the world’s largest ginseng producer by 2045. This is part of the Ministry of Agriculture and Rural Development’s (MARD) ginseng development program to 2030. Vietnam has a diverse and abundant source of natural medicinal plants with 5,000 species, including ginseng species with many […]

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