Trade

A delegation of Vietnamese garment companies is showcasing their products at the textile trade fair Textillegprom 2019 in Moscow as part of a visit to survey the garment market of Russia from September 17-25. The Vietnamese delegation at Textillegprom 2019 The trade fair opened on September 17 with the participation of over 2,000 companies in a 25,000 square metre exhibition space. The Vietnamese delegation consists of eight companies, displaying a wide variety of products such as coats, jeans, pyjamas and children’s clothes. Most of the Vietnamese garment companies attending the event have already exported their products to Russia and are continuing to look for new partners. Garment 10 Company, for example, is shipping about 350,000 items to Russia through its partner Henderson each year and wishes to seek new partners at this trade fair, said Hoang Huong Giang, a company representative. According to Duong Hoang Minh, Chief of the Vietnamese trade mission in Russia, … [Read more...] about Vietnamese garment companies seek opportunities in Russia

A week of Vietnamese goods themed ‘Taste of Vietnam’ began at the CentralWorld mega-shopping complex in Bangkok, Thailand, on September 18. At the event - Photo: VNA Aiming to promote Vietnamese commodities in Thailand as well as creating export opportunities for Vietnamese suppliers in the Thai market, the event has attracted the participation of close to 50 Vietnamese businesses, who are introducing their products with high export potential such as tea, coffee, snacks, fresh fruits and spices. With a total exhibition area spanning nearly 1,000 square metres, the fair is expected to lure some 500,000 visitors over its five-day course. Theo VNA … [Read more...] about Vietnamese goods introduced in Thailand

The 13th International Woodworking Industry Fair (VietnamWood 2019) and the International Exhibition on Woodworking Machinery and Equipment (Furnitec 2019) opened in Ho Chi Minh City on September 18.  At the event - Photo: VNA As the largest woodworking industry fair held in Vietnam, VietnamWood 2019 covers a total area of over 25,000 sq.m with nearly 500 exhibitors from 32 countries and territories globally taking part. Theo VNA … [Read more...] about Int’l exhibitions on woodworking industry open in HCM City

Vietnam’s Ministry of Industry and Trade (MOIT) and Ministry of Agricultural and Rural Development (MARD) jointly held a conference on September 14 to discuss measures to increase agricultural exports to the world’s second largest economy. MOIT and MARD Ministers at the conference With a population of 1.4 billion, China has been an important markets for many of Vietnam’s agricultural commodities such as rubber, fruit and vegetables, rice, cassava, cashew nuts, seafood, tea and coffee, said Tran Thanh Hai, Deputy Head of the MARD’s Export Department. He noted that with the advantages of geographical proximity, product diversity and tariff cuts from the ASEAN-China Free Trade Agreement, there remains much room for Vietnam to increase its agricultural exports to China. According to MOIT Minister Tran Tuan Anh, Vietnam is facing a number of challenges when exporting agricultural goods to China since Vietnam mainly relies on unofficial channels. He stated … [Read more...] about Vietnam seeks to boost agricultural exports to China

(VEN) - The MM Mega Market Vietnam Co., Ltd (MMVN) and CMM Marketing Management Pte Ltd Singapore (CMM Singapore) recently signed an agreement under which MMVN will export fresh vegetables, fruits and mushrooms to Singapore through CMM Singapore. Vietnamese goods at a NTUC FairPrice Group’s supermarket (Singapore) New opportunities for Vietnamese goods MMVN will implement its first fruit and vegetable export shipment to Singapore, including 20 tonnes of chilli, sweet potatoes and seedless lemon, in September. The company is expected to export about 100 tonnes of farm produce to this market in 2019. Singapore is the second foreign importer of MMVN farm produce, after Thailand. The company exported dragon fruits and sweet potatoes to Thailand in early 2018 and has plans to double the export volume (to reach about 200 tonnes per month) to this market this year. Vietnamese agricultural products are also exported through other companies including AEON, Lotte, Big … [Read more...] about Vietnamese goods carve out shelf space in foreign stores

(VEN) - At a recent meeting with the Agency of Foreign Trade on the orientation for import, export activities towards the end of 2019, Minister of Industry and Trade Tran Tuan Anh said businesses should get ready to cope with market changes. Minister of Industry and Trade Tran Tuan Anh Difficulties ahead The results of foreign trade in the early months of 2019 were said to be satisfactory in the context of numerous difficulties facing the economy. Phan Van Chinh, Director of the Agency of Foreign Trade, said that in the first seven months of 2019, the export value was estimated at US$145.13 billion, up 7.5 percent compared with the same period last year. Although this export growth was lower compared with the result of the first seven months of 2018 (16 percent), the annual target set by the National Assembly, 7-8 percent, is forecast to be achievable. Notably, the seven-month export value of domestic businesses reached US$44 billion, up 12.2 percent compared with the … [Read more...] about Officials warn of choppy waters ahead for exporters

Fruit and vegetable exports in the first eight months of this year reached US$2.53 billion, down 5.8% year-on-year, according to the Agro Processing and Market Development Department (Agrotrade) under the Ministry of Agriculture and Rural Development. Workers process pineapples for export at the factory of the An Giang Fruit-Vegetables and Foodstuff JSC in An Giang province - Photo: VNA The figure includes US$246 million from August. Between January and July, China remained the biggest importer, accounting for 70.5% of Vietnam’s fruit and vegetable exports, equivalent to US$1.65 billion – down 5.6% year-on-year. It was followed by the US, whose imports rose 12.5% to US$ 84.07 million, making up 3.6% of the total. The Republic of Korea ranked third with US$76.91 million worth of commodities from Vietnam, rising 13.1% and accounting for 3.3% of the total. The markets posting surges in the import of Vietnamese fruits and vegetables included Laos 2.84 times, Hong … [Read more...] about Fruit, veg exports reach US$2.53 billion in eight months

The 9th Agricultural Product Trade Fair opened in Ho Chi Minh City on September 10. Jointly held by the Ho Chi Minh City Farmers’ Association, the municipal Department of Agriculture and Rural Development and the municipal Department of Industry and Trade, the event aims to honour and promote typical agricultural products of the city. The fair is also expected to provide a good chance for businesses and producers to exchange experiences and access new technologies in order to increase product competitiveness. It also aspires to help businesses promote their products and exchange advanced techniques and technology in agricultural production. On this occasion, the City People’s Committee also awarded certificates of merit to 24 outstanding collectives and individuals for their typical agricultural products. The fair will run until September 16. Theo NDO … [Read more...] about Agricultural product trade fair opens in Ho Chi Minh City

(VEN) - The Hanoi Gift Show 2019 is expected to help local handicraft businesses and producers connect with foreign customers and expand the export market. The Hanoi Gift Show is a chance to promote Vietnamese handicraft Dual benefits Ha Thi Vinh - General Director of the Quang Vinh Ceramic Co, Ltd who has attended the trade fair for seven consecutive years said exhibitors open booths free of charge, participate in trade exchange activities and save travel costs to foreign markets. The event is also a chance for Vietnamese businesses to learn more about design ideas from their partners to help them develop new ideas of their own. “This is a valuable opportunity. By attending this fair, handicraft businesses and producers in Hanoi have found a large number of customer at little cost.” said Ha Thi Vinh. According to Nguyen Thi Luong, Director of the Hien Luong Bamboo & Rattan Export Co., Ltd in Phu Xuyen District, the show helps exhibitors access new … [Read more...] about Bringing Vietnamese handicraft products to world markets

The Vietnam Embassy in Australia, in collaboration with Vietnam Trade Office, Vietnam Business Association in Australia and GreenPath Company, in Melbourne, on September 9, organised Vietnamese Logan Day and a ceremony marking the debut of fresh longan in the Australian market. In nearly one hour after hitting the shelves, more than 500kg of imported fresh longan were sold to retailers In nearly one hour after hitting the shelves, more than 500kg of imported fresh longan were sold to retailers. Fresh longan of Vietnam is being sold in 26 supermarkets and stores in Melbourne and a supermarket chain in Adelaide in South Australia state. Speaking at the ceremony marking the debut of fresh longan in the Australian market, head of the Vietnam Trade Office in Australia Nguyen Phu Hoa said the fruit was exported to the Land of the Kangaroos within just two weeks after obtaining an import licence of the country’s Department of Agriculture. He spoke highly of efforts made by … [Read more...] about Vietnamese Longan Day held in Australia