news image

Vietnam’s imports from Canada surge, exports barely budge in Q1

Vietnam’s exports to Canada rose slightly while imports from the North American nation almost doubled in the first quarter of 2017, according to Vietnamese Trade Counsellor to Canada Hoang Anh Dung. Two-way trade between Vietnam and Canada hit US$1.07 billion during the period, up 152%from US$929 million in the same period last year. Vietnam’s exports to Canada rose by 8% to US$902 million, compared ...

Read more
news image

Australia stops anti-subsidy investigation into aluminium extrusions

Australian Department of Industry, Innovation and Science’s Anti-Dumping Commission (ADC) has announced to stop countervailing duty investigations into aluminium extrusions imported from Vietnam. ADC identified that Vietnamese producers and exporters did not get any subsidy from the Government during the investigation period or they might receive subsidy but it was within the negligible level. Thus, the commission won’t give any recommendations on countervailing duties ...

Read more
news image

Huge opportunity for entering Middle East, African markets

Vietnam has a lot of potential to expand its market share in the Middle East and Africa, as the region has a sizeable population with a high demand for imported products which are conformable with key Vietnamese export products. Rice is one of key Vietnamese products exported to Middle East and Africa Deputy Head of the Department of Africa, Western and South Asia Markets ...

Read more
news image

Ca Mau targets shrimp exports of 2 billion USD by 2020

The Mekong Delta province of Ca Mau aims to earn 2 billion USD from shrimp exports by 2020, according to the provincial Department of Agriculture and Rural Development. Ca Mau province aims to earn 2 billion USD from shrimp exports by 2020 - Photo: VNA Shrimp will be bred in a total cultivation area of 280,000 hectares, including 267,000 hectares of improved extensive farming, ...

Read more
news image

Troubled pig farming seeks solution in exports

At an urgent meeting held recently to deal with the difficulties facing the pig farming sector as a result of a supply glut and plunging prices, Deputy Prime Minister Trinh Dinh Dung emphasized that promoting exports is an important solution.   Vietnam Feed Association President Le Ba Lich said that ASEAN, Japan and China have very high demand for pork imports, and Vietnam should ...

Read more
news image

Vietnam, Bangladesh extend rice trade deal

Minister of Industry and Trade Tran Tuan Anh and Bangladeshi Minister of Food Advocate Md Quamrul Islam have signed a document extending the two countries’ memorandum of understanding (MoU) on rice trade that will allow Vietnam to sell up to 1 million tonnes of rice to Bangladesh each year. Minister of Industry and Trade Tran Tuan Anh and Bangladeshi Minister of Food Advocate Md ...

Read more
news image

Vietnam export revenue to South America grows 40 pct per year

The export revenue of Vietnam to South America is growing at an average rate of 30-40% per year, said Ta Hoang Linh, Deputy Director of the Department of Trade Promotion at a seminar in Hanoi on May 24. Footwear is among Vietnamese main export products to South America The seminar on trade promotion to the South American market aimed to assist Vietnamese enterprises in ...

Read more
news image

Vietnam, Thailand aim for bilateral trade of US$20 billion by 2020

Vietnam’s Trade Promotion Agency signed a cooperative agreement with Thailand’s Kasikornbank on May 23 as part of a series of measures to boost trade between the two countries to US$20 billion by 2020. Deputy Minister of Industry and Trade Do Thang Hai speaking at the signing ceremony Deputy Minister of Industry and Trade Do Thang Hai said bilateral trade has seen strong growth in ...

Read more
news image

Optimistic export signals

After a 15-percent increase in first quarter export value, the Ministry of Industry and Trade forecast exports will continue to grow in the second quarter as well.   Price advantages At a recent weekly assembly of the Ministry of Industry and Trade in Hanoi, director of the ministry’s Import-Export Department, Phan Van Chinh, said exports hit US$17.25 billion in March (up 14.3 percent from ...

Read more
news image

Government boosts ‘buy local’ efforts

The effectiveness of the “Buy Vietnamese Goods” campaign is expected to increase sharply after Prime Minister Nguyen Xuan Phuc issued instructions on increasing the use of domestically made goods for development investment projects and state-funded procurements.   VINACOMIN coal has become the first choice of many domestic businesses Promoting the use of each other’s goods and services Vietnamese firms signed an agreement in 2012 ...

Read more
TAGS