Home / News (page 14)

News

Exporters to sharpen Mideast, Africa focus

The recent economic crisis has proved that domestic businesses should not depend solely on traditional markets like the EU, US and Japan, and should expand investment and business activities into the Middle Eastern and African markets so as to disperse the risk, a senior official said on September 20. Bui …

Read More »

Total export turnover up 33.7 percent in eight months

Vietnam’s total export turnover in the first eight months of 2011 reached an estimated USD 60.8 billion, a year-on-year increase of 33.7 percent, reported the General Statistics Office. Export turnover for the domestic economic sector was posted at USD 28.1 billion, representing 46.2 percent of that of the country and …

Read More »

Businesses seek ways to boost exports to the Philippines

The Investment and Trade Promotion Centre in HCM City has conducted a fact-finding tour of the Philippines with a population of 92 million to boost exports to this potential market. During the tour, the Saigon Agriculture Corporation signed two rice export contracts worth US$6 million and Hoang Anh Gia Lai …

Read More »

Vietnam sees 2011 trade gap at $14-14.5 bln

Vietnam’s trade deficit this year will widen to between US$14 billion and $14.5 billion, up more than 10 percent from 2010, despite stronger-than-expected growth in export revenues, the government said. Exports would jump 17-18.4 percent from last year to between $84.5 billion and $85.5 billion, following strong growth in the …

Read More »

Vietnam first-half trade deficit $6.65 bln

Vietnam’s trade deficit reached $6.65 billion for the first half, official estimates showed Monday, below the government’s target but pointing to continuing problems in the economy, analysts said. Imports in the first six months reached an estimated $48.98 billion, up 25.8 percent year-on-year, while the value of exports is expected …

Read More »

EU, Vietnam strategic partners

Jean-Jacques Bouflet, Minister-Counsellor and Head of the Economic and Trade Committee of the EU Delegation to Vietnam stated that the European Union (EU) was a strong strategic partner of Vietnam in all fields from trade, investments to politics and culture. EU is also the second largest foreign market for Vietnam …

Read More »

Importers decry restriction policy

Many importers of fast-consuming goods like cosmetics, liquor, mobile phones and cars under nine seats are blasting the new import restriction policy which took effect last Wednesday and left them no time to prepare. According to the Decision No. 197/TB-BCT of the Ministry of Industry and Trade issued on May …

Read More »

Vietnam bites into rice market

More of the world’s demanding markets are offering to buy Vietnamese rice, but it is not simple for the product to enter these markets. According to Vietnam’s commercial counselor in South Korea Le An Hai, in 2011 South Korea would import 347,658 tonnes of rice. To carve their names into …

Read More »