Viet Nam exported 39,200 tonnes of cashew nuts in June, earning US$275.6 million, according to the General Department of Customs, up 21.4 per cent in volume but down 6 per cent in value year on year.
Viet Nam's rubber exports in June reached 122,760 tonnes, earning US$174.45 million, a month on month increase of 58.4 per cent in volume and 56.1 per cent in value, according to the General Department of Customs.
The retail prices of petrol and oil increased in the latest review of the ministries of Industry and Trade and Finance at 5pm on Wednesday.
The number of motorbikes sold on the local market was 740,000 units in the second quarter of the year, dropping by over 4% year-on-year, which shows that the local market has likely reached its saturation point.
Viet Nam’s tra fish exports to Southeast Asian countries were worth US$87.3 million in the first five months of the year, a year-on-year increase of 14.6 per cent, according to the Viet Nam Association of Seafood Exporters and Producers (VASEP).
Honda Vietnam has forecast strong sales of its latest motorbike product, the Winner X, with 140,000 units expected to be sold this year, equivalent to half its total sales of underbone motorbikes over the past three years.
Viet Nam’s coffee exports dropped by around 20 per cent in the first half of the year.
For the first time in many years, no gasoline products were imported through HCMC ports in the first half of 2019.
There are 28 textile mills in Vietnam importing a combined 400,000 tons of raw cotton from the U.S. per year, accounting for over 50% of Vietnam’s cotton imports, according to data released at “Cotton Day 2019” on July 12.
The prospects of cement enterprises in the second half of the year will continue to improve, especially during the construction season at the end of the year, according to Chairman of the Vietnam Cement Association (VNCA) Nguyen Quang Cung.