Keeping pace with global supply chain trends, we provide you with professional import and export agency services in Vietnam. Whether it's foreign exchange settlement for textile and footwear exports or the import of electromechanical products and electronic components, we handle the full set of documents in our own name, ensuring your Vietnam supply chain remains stable, efficient, and fully compliant.
Vietnam, as a new global manufacturing hub, is experiencing an energy crisis triggered by the El Ni?o phenomenon. The surge in electricity demand due to high temperatures and reduced power supply has led to electricity shortages in the northern regions. Industrial parks and manufacturing plants housing major companies like Samsung, Foxconn, and Canon have been forced to implement measures such as reducing peak-hour electricity usage and rotating power outages.
In 2022, Vietnams economy grew by 8.02%, reaching a 25 - year high. However, in the first quarter of 2023, GDP only grew by 3.32% year - on - year, lower than market expectations.
Comprehensive guide to exporting meat cutting machines to Vietnam, including product certification, export documents, safety standards, tariffs and taxes, local agents, and product adaptability surveys.
Vietnams Government Decree No. 94/2023/ND-CP will take effect in 2024, stipulating a reduction of the value-added tax (VAT) rate from 10% to 8% for certain goods and services to stimulate economic growth.
In 2023, Vietnam faced challenges in exports to European and American markets, with total export value dropping by 9.6%. Contributing factors include global economic downturn, reduced demand, and political instability.
Due to stagnation caused by reliance on specified raw materials, Vietnams garment and textile industry is experiencing unprecedented difficulties. In 2023, the industrys export volume and revenue significantly declined, affected by the global economic downturn and shrinking market demand. This report provides an in-depth analysis of the main patterns of Vietnams garment exports, changes in the international market environment, and the future outlook of Vietnams textile industry, offering a comprehensive analysis of the industrys current situation.
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PSB Record: Shanghai No.31011502009912
