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UK firms to explore trade possibilities in Vietnam

UK Trade and Investment (UKTI) is organising a trade mission to Vietnam to identify potential opportunities for British firms from northwestern England to do business in the country. UKTI International trade adviser for northwest England, Peter Thompson, will head a group of delegates from seven companies travelling to Vietnam including Biglift, County Sales, Chase International, [...]

Vietnam-Mexico trade turnover hits record high

Two-way trade turnover in 2011 exceeded US$1 billion, showing a sharp increase of 14 percent over the previous year. Vietnam’s exports to Mexico rose 16 percent to more than US$973 million, but its imports from the country decreased by 19 percent to US$64 million. Hoang Anh Dung, Vietnamese trade counsellor to Mexico, said the annual [...]

EU envoy expects FTA talks with Vietnam to start soon

The ambassador and head of the European Union (EU) Delegation to Vietnam, Franz Jessen, believes negotiations on a free trade agreement (FTA) with Vietnam will begin soon, as the two sides have put their efforts on this and expansion of relations. Over the past year, the EU and Vietnam have had a number of discussions [...]

Vietnam-India two-way trade rises to $3.9bln in 2011, up 42% yoy

Vietnam-India’s bilateral trade was estimated to surge to $3.9 billion in 2011, making a year on year rise of 42%, the local news provider Gafin reported. In details, India’s exports to Vietnam increased by 33% and the Southeast Asia country’s exports to the South Asia country soared by 57% in the year despite the global [...]

Japan to help Vietnam develop e-customs

Japan will further help Vietnam build its e-customs services under a project to deploy the Vietnam Automated Cargo and Port Consolidated System and Vietnam Customs Information System (VNACCS/VCIS). The commitment was made by Japanese General Director of Customs Atsuo Shibota at a recent working session with his Vietnamese counterpart Nguyen Ngoc Tuc. Japan will also [...]

Coffee exports to hit US$3bil in 2012

Coffee exports this year are likely to reach 1.2 million tonnes, earning the country a turnover of US$3 billion, the Ministry of Agriculture and Rural Development has forecast. The exports will be equal to last year’s quantity but increase by 10 percent in quality, the ministry said. The prediction was made amid the International Coffee [...]

Exports to Africa, Asia set to increase

Many key Vietnamese exports such as aquatic products, coffee, pepper and garments, are securing a foothold in the African, western and south Asian markets. Industrial and electronic products (mobile phones and computers) are also selling well in these regions. Ly Quoc Hung, Head of the African, Western and Southern Asian Markets Department under the Ministry [...]

S. Korea prepares for trade talks with Vietnam

South Korea is preparing to launch talks on a free trade agreement with Vietnam as part of efforts to strengthen economic ties with the fast-growing market, the finance ministry said Monday. The two countries last October finalised a joint study on the feasibility of such an agreement. “Based on the results of the joint study, [...]

Vietnam, US increase trade ties

Vietnam and the US will iron out snags to facilitate their business operations and strengthen economic and trade cooperation. The agreement was reached during a working session in Washington DC on February 9 (local time) between US Secretary of Commerce John Bryson and Vietnamese Deputy Prime Minister Vu Van Ninh, who is currently on a [...]

Salted ginger exported to Japan and US

Thanh Lan, a Vietnamese company in the Central Highlands, has exported thousands of tonnes of salted ginger to Japan and the US over the years. Since the beginning of this year, the company has shipped ten containers of the product weighing over 200 tonnes to these two markets. Currently, the firm has already signed a [...]

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