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Thailand, Vietnam sign MoU on exhibition industry

The Thailand Convention and Exhibition Bureau (TCEB) signed a memorandum of understanding (MoU) in Hanoi on June 30 with the Vietnam Trade Promotion Agency (VietTrade) to cooperate in developing the exhibition industry. Addressing the signing ceremony, TCEB Director, Supawan Teerarat, noted that Thailand and Vietnam are neighbouring countries, which have many things in common. Bilateral [...]

Vietnam maybe world’s top rice exporter before 2015

Vietnam may overtake Thailand to become the world’s leading rice exporter before 2015 as rice prices are higher in Thailand than in Vietnam, according to the Thai Rice Exporters Association. Chookiat Ophaswongse, an adviser and former president of the association, said that Thailand’s rice exports may drop to 8 million tonnes this year. In 2009, [...]

Vietnam makes good impression at G20 Summit

This was the first time at the G20 Summit that Vietnam had the opportunity to share its opinions, initiatives and experiences and actively contribute to resolving global economic issues. Its viewpoints on regional and international affairs left a good impression on the participants. Prime Minister Nguyen Tan Dung and the Vietnamese delegation left Toronto, Canada [...]

Craft village goods and agriculture fair announced

A fair of agricultural and craft village products will take place in both south and north Vietnam, announced the Vietnamese Goods Trade and Service Joint Stock Company in Ho Chi Minh City on June 30. The event has been planned under a trade promotion programme in the domestic market launched by the Ministry of Industry [...]

CIOs discuss challenges of new technology

More than 100 Vietnamese businesses attended a seminar in Ho Chi Minh City on June 30 to discuss challenges of new technology facing Chief Information Officers (CIOs). The event was organised by the Vietnam Chamber of Commerce and Industry (VCCI) to support businesses in applying information technology (IT) to service integration and development during the [...]

Experts say Vietnam’s retail market has potential

Foreign and domestic experts shared their experiences in developing Vietnam’s retail sales, distribution, and logistic at a workshop in Ho Chi Minh City on June 30. Tinh Minh Triet, Director of the Best Fortune Company, emphasized that Vietnam is an open market for all models of retail. In order to build a strong national brand [...]

E-commerce – an effective way of doing business

E-commerce now plays a vital part of Vietnam’s almost 5,000 export businesses, says the Ministry of Industry and Trade (MoIT). Vietnam exports electronic, mechanical, plastic, and wood products, motorbikes and spare parts, cigarettes, vegetables, spices, and toys to 53 countries in the Middle East and Africa while importing plastic materials, gas, steel and chemical substances [...]

Prices escalating, but people run out of coffee

The coffee price has climbed up to 29,000 dong per kilo, but farmers are not happy, because they have nothing to sell right now. Coffee price rising fast On June 29, 2010, the coffee price in the London market surged to an 18 month-high at $1710 per ton. At that time, the coffee export price [...]

Ministry tightens inspection of imported meat

The Ministry of Agriculture and Rural Development (MARD) has issued a new regulation calling for stricter meat import inspections. The new decree, which will take effect July 1, requires export countries to register their domestic businesses to meet hygiene demands with Vietnamese agencies. It stipulates that only these enterprises will be able to export meat [...]

Rivals challenge Vietnam in low class rice export

Vietnam, well known as the largest low class rice provider in the world, now has many redoubtable rivals in the market segment. Le Tuan, Chair of Vinh Long Import-Export Joint Stock Company (Inmex Cuu Long), has signed a contract to sell 10,000 tons of rice to Kenya. Every year, Kenya needs to import about 200,000 [...]

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