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VIETNAM BUSINESS NEWS MARCH 21

US increases imports of Vietnamese mangoes With Vietnam emerging as the 14th largest supplier of mangoes to the United States in 2020, the import of its mangoes into the US is predicted to continue to rise this year. According to the Ministry of Industry and Trade (MoIT)’s Import and Export Department, the US imported a total of 2,100 tonnes of mangoes worth 4.61 million USD from Vietnam last year, representing an increase of 66% in volume and 70.1% in value in comparison to 2019. These figures indicate that Vietnam has become the 14th largest mango supplier to the US market. Alongside fresh mangoes, the US also imported 1,150 tonnes of frozen mangoes Vietnam last year, representing an increase of 38.16% compared to 2019. Vietnamese mangoes were licensed to enter the US, one of the demanding markets in the world, last year. Many businesses have so far shipped mangoes to the US but their exports remain modest. Experts say that the US’s mango imports are anticipated to … [Read more...] about VIETNAM BUSINESS NEWS MARCH 21

VIETNAM NEWS HEADLINES APRIL 5

Hanoi strives for success despite pandemic Hanoi is still determined to boost production and business and develop solutions for socio-economic development. In the first months of the year, Hà Nội continued to assert itself as one of the leading localities of the country with dramatic growth. According to the municipal People’s Committee, total products of the city in the first quarter this year were estimated to increase by 5.17 per cent compared to the rate of 4.13 per cent of the same period last year and higher than the general growth rate of the whole country. The city was interested in developing agriculture, forestry and fisheries, so these sectors were estimated to increase by 2.51 per cent over the same period last year. In the first months of the year, the weather was favourable for agricultural production, with rice and spring crops growing and developing well. Cattle and poultry husbandry developed stably, while African swine fever was controlled. The re-herd … [Read more...] about VIETNAM NEWS HEADLINES APRIL 5

VIETNAM BUSINESS NEWS APRIL 9

CPTPP gives boost to Vietnamese exports Vietnamese wood processing firms have huge opportunities to ship their products to Canada under CPTPP. The trade pact was clinched in March 2018 by 11 countries, namely Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. It came into effect Vietnam in January 2019. Participant heard that Vietnam’s exports to all members of the trade deal have been on the rise, with an accumulated value amounting to 34.3 billion USD in 2019 and about 34 billion USD in 2020, when the COVID-19 took its toll in the world. The value of shipments to the countries under the trade pact accounted for 12.02 percent of Vietnam’s total export value in 2018. The proportion rose to 13 percent in 2019 before returning back to 12.02 percent in 2020. Footwear, garment-textile, wood and woodwork products recorded good growth over the reviewed years. However, the rate of taking advantage from CPTPP-related … [Read more...] about VIETNAM BUSINESS NEWS APRIL 9

VIETNAM NEWS HEADLINES APRIL 11

Unique ceramic streets in Lien Mac village Residents of Lien Mac village in Hanoi’s Bac Tu Liem district have been busy collecting discarded materials such as ceramics, bottles, and dishes to decorate the village’s streets. The initiative was inspired by a group of painters and received a warm response from local people, especially in collecting materials and gluing the ceramic pieces together. The mosaic walls also help spread a message to everyone about environmental protection. The vivid and artistic artworks have already garnered major attention from local people and visitors alike./. VNA, NA Office release photo book on 14th legislature The Vietnam News Agency (VNA) and the National Assembly (NA) Office have coordinated in compiling and publishing a photo book on the 14th legislature. The 428-page book, titled “Quoc hoi khoa XIV - Nhung thanh tuu va dau an noi bat” (The 14th National Assembly – Outstanding achievements and imprints,” comprises nearly 1,000 … [Read more...] about VIETNAM NEWS HEADLINES APRIL 11

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