COCOA PRICES HIT A NEW PEAK

COCOA PRICES HIT A NEW PEAK

The Vietnam Commodity Exchange (MXV) reported that cocoa prices continued to increase sharply to historical highs amid concerns over supply shortages. The main reason driving cocoa prices to remain high is that West Africa, the production area that supplies about 3/4...
CINNAMON EXPORTS REACHED OVER 249 MILLION USD

CINNAMON EXPORTS REACHED OVER 249 MILLION USD

In 11 months of 2024, Vietnam exported 90,270 tons of cinnamon, with a total export value of 249.2 million USD. According to the Vietnam Pepper and Spice Association, in November 2024, Vietnam exported 10,754 tons of cinnamon, with a total export value of 28.8 million...
WOOD EXPORTS AIM FOR A TARGET OF 16 BILLION USD

WOOD EXPORTS AIM FOR A TARGET OF 16 BILLION USD

In 10 months of this year, the export turnover of the wood industry reached 13.2 billion USD, an increase of nearly 21% compared to the same period in 2023. The wood industry is aiming for 16 billion USD for the entire year, higher than the target of 14.2 billion USD...
VIETNAM STILL INCREASES RAW CASHEW IMPORTS

VIETNAM STILL INCREASES RAW CASHEW IMPORTS

According to the General Statistics Office, Vietnam exported nearly 4 billion USD of cashew in 11 months of 2024, but imports also reached 3.040 billion USD. Vietnam ranks first in the world in the production and export of cashews, but it depends too much on imported...