Prime Minister Nguyen Tan Dung on December 3 asked the Ministry of Industry and Trade to coordinate with authorities to restrict the import of nonessential goods and boost exports. Imports for the first 11 months of the year were estimated at US$10.4 billion, equivalent to 20.3 percent of the country’s …
Read More »Export related website plugs in
Information on Vietnam’s market and 20,000 exporters is available for foreign traders via a new website, the Vietnam Export Portal (VNEX), officially launched Wednesday. The new English language site at: www.vnex.com.vn was built by the E-commerce and Information Technology Agency under the Ministry of Industry and Trade. It is grouped …
Read More »Vietnam PM Urges Ministries to Curb Trade Deficit below 20% This Year
Vietnamese Prime Minister has urged ministries and agencies to constrain the country’s trade deficit below 20% of its total export value this year. The cabinet leader also requested the abovementioned agencies to take measures to boost exports, aiming to raise the country’s export value by 6% on-year to US$60 billion …
Read More »Export turnover in January sees 28 percent increase
Vietnam’s export value reached US$4.9 billion, an increase of 28.1 percent against the same period last year, according to the General Statistics Office (GSO). The GSO attributed the increase in export value to contributions from the foreign direct investment sector with an export turnover of US$2.6 billion, representing a 32.9 …
Read More »Bunge Vietnam opens soybean crushing plant
Bunge Vietnam Ltd. on Monday officially opened its US$100-million integrated soybean crushing plant in the southern province of Ba Ria-Vung Tau mainly to supply the local market. Christopher White, CEO of Bunge Asia, said this is the largest of its kind in Vietnam. The 11-ha crushing plant in Phu My …
Read More »Ho Chi Minh City to develop river tourism
Ho Chi Minh City with its proximity to a diverse river and canal system is focusing now more on river tourism for both domestic and foreign visitors. The City has a friendly brand image and has become increasingly popular with domestic and foreign tourists. It is constantly working towards an …
Read More »IMO: Technical co-operation program enhances ISPS Code implementation
In the run-up to the July 1, 2004 international deadline for implementation of the maritime security measures, adopted by IMO in December 2002, a far-reaching and multi-faceted program of technical assistance by the Organization, aimed at helping Governments strengthen maritime and port security, is in full swing and having a …
Read More »Intertanko chief comments on ISPS deadline
INTERTANKO chairman Stephen Van Dyck is expecting delays for ships when the International Ship and Port Facility Security Code (ISPS) comes into force on July 1, but he believes it will not be a “train wreck”. ” As we close in on July 1, there are all kinds of theories …
Read More »ISPS failures could increase ports’ liability and invalidate insurance, warns TT Club
The TT Club has delivered a stark warning to port facility operators that miss the July 1 deadline for ISPS Code compliance. Speaking at a recent terminal operators’ conference in Singapore Mr Nick Sansom, Principal Officer of the Club in South-East Asia, revealed that failing operators could well be left …
Read More »Security certification first for ship sector
A Vietnamese cargo ship has been awarded an International Ship Security Certificate. The Hawk One, capable of carrying 15,000 tonnes and owned by the Vietnam Sea Transport and Chartering Co (Vitranschart) is the first Vietnamese vessel to receive the certificate from the Viet Nam Register Office. Addressing a ceremony held …
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