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Vietnam ships footwear to nearly 100 countries

Vietnam has shipped footwear products to nearly 100 countries worldwide, with 72 of them buying at least 1 million USD of the products, reported the Vietnam Leather and Footwear Association (LEFASO).                                                                   ...

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Vietnamese businesses with AEC: Still obscured about rules of the games

The ASEAN Economic Community (AEC) has been in operation for almost 2 years, but now Vietnamese enterprises are still quite confused to take full advantage of the community. The cause comes from the companies themselves and also the lack of support from the authorities.   Companies need a strong market research team to find more business opportunities in the AEC. Photo: H. Diu. The ...

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Vietnam seeks to restrain fruit, vegetable imports

Fruit and vegetables have become one of Vietnam’s key exports in the agriculture, forestry and fishery group with an average growth of 30 percent per month. However, Vietnam also imports a large volume of fruit and vegetables, including some that are domestically produced. According to the General Department of Vietnam Customs, fruit and vegetable imports reached US$924.9 million in 2016, an increase of 47.2 ...

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Vietnam, Thailand target US$20 billion in trade by 2020

There  remains  much  room  for Vietnamese-Thai  trade  and investment growth, Deputy Minister of Industry and Trade Do Thang hai told a Vietnam-Thailand  Trade  and  Investment Promotion  seminar  held  recently  by  the Vietnamese  Ministry  of  Industry  and Trade’s  Trade  Promotion  agency,  in association with the Ministry of Commerce of  Thailand.  he  expressed  hope  that bilateral  trade  could  reach uS$20  billion by 2020. The Industry and ...

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Vietnam spends US$376 million on fruit imports from Thailand

Thailand became the leading supplier of fruit for Vietnam with US$376 million, making up more than half of Vietnam’s market share of fruit imports of US$507 million during the first half of this year, according to the Ministry of Agriculture and Rural Development.                                    Over the past two ...

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US halts Brazil beef imports, citing food safety concerns

The United States announced Thursday a halt to all imports of fresh beef from Brazil, the world's second-largest producer, citing "recurring" food safety concerns.                                                          The US announces a ban of fresh beef from Brazil due to ...

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FDI firms make almost 100% of exported cellphones, components

Vietnam produced 34 3 billion USD worth of cellphones and components for export in 2016 99 8 percent of which or 34 2 billion USD made by FDI enterprises According to the Vietnam Electronic Industries Association (VEIA), exports of cellphones and components in 2016 and the first few months of 2017 helped the country improve its trade balance and reduce the trade deficit. Foreign ...

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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 ...

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Imported DAP fetiliser products under investigation

The Ministry of Industry and Trade has issued Decision No. 1682A/QD-BCT on launching safeguard investigations against imported DAP fetilizer products. Workers load sacks of fertilizers onto a truck (Source: VNA) The decision was issued after the ministry’s Vietnam Competition Authority received a request from DAP – Vinachem JSC and DAP No 2 -Vinachem JSC, which complained that the increase of imported goods has caused ...

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Nearly 73% of automobiles imported from Thailand, India and Indonesia

This was a remarkable information on imports and exports in the first quarter of 2017 announced by the General Department of Customs.   The Chart of volume and turnover of 12 automobile import markets in the first quarter of 2017. Chart: T. Binh Accordingly, in March 2017 the country imported 11,185 CBU automobiles worth $ US180 million, increasing by 39.3% in volume and 13.9% ...

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