Vietnamese sales partners have raised their export value on Amazon by more than 45%, selling close to 10 million goods on the company's global online marketplaces in 2022.
Taking advantage of Vietnam's desire for renewable energy, Japanese and European businesses are investing heavily in offshore wind generation, Nikkei Asia reported.
Vietnam is estimated to export 226,000 tons of pepper for $963 million in 2022, down 13.3% in volume but up 2.7% in value from 2021, according to the General Department of Customs.
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Vietnam has risen to the position of the third-largest seafood exporter in the world in 2022, with seafood export revenue exceeding $11 billion.
The economy reported trade turnover of $732.5 billion in 2022, an increase of 9.5 percent from a year earlier, according to the General Statistics Office.
Vietnam’s economy grew at the fastest pace in Asia this year, signalling momentum just before risks from a global slowdown began to materialise.
SBV said that taking steps to enhance foreign exchange reserves by acquiring extra dollars after being forced to sell a substantial amount of dollars earlier this year to support its dong currency.
Vietnam, India, Thailand, Malaysia, and Bangladesh are stepping up to replace the world's factories, Insider reported.
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