The event was attended by representatives from the Federation of Israeli Chambers of Commerce, the Israel - Asia Chamber of Commerce and 30 Israeli firms. Photo VNA TEL AVIV Thirty Israeli import firms received updated information about business opportunities in Việt Nam at a trade promotion workshop in Tel Aviv on Thursday. The firms operate in a wide range of sectors including food, consumer goods, farm produce, aquatic products, textiles, electronics and construction materials. During the event, Roy Roznek from the Federation of Israeli Chambers of Commerce underlined the strong development of bilateral economic and trade ties. He said many Israeli importers were seeking suppliers of food, agricultural and seafood products, consumer goods and textiles in Việt Nam. The event allowed the firms to learn more about the Vietnamese market and be … [Read more...] about Israeli firms learn about business opportunities in Việt Nam
Export business opportunities
RoK firms inquire into business opportunities in Can Tho
At the working session (Source: http://bantuyengiao.cantho.gov.vn) Can Tho (VNA) – A business delegation from the Republic of Korea (RoK) led by Lee Dae-jik, director of the agriculture and maritime affairs bureau of Gyeonggi province and director of the Pyeongtaek port company, had a working session on April 23 with officials of the Mekong Delta city of Can Tho on cooperation possibilities in port and logistics services. Vice Chairman of Can Tho People’s Committee Truong Quang Hoai Nam informed the guests that Can Tho is home to several ports, such as Cai Cui, Thot Not, Hoang Dieu and Can Tho. The city is a transport hub in the Mekong Delta, with 170 km of inland waterway linking to other Mekong Delta provinces, an international airport and a widespread road network. Nam suggested that RoK port and logistics companies can invest in Can Tho through either renting land with full infrastructure from the city’s Development Investment Fund, or starting by … [Read more...] about RoK firms inquire into business opportunities in Can Tho
Nepal comes looking for business opportunities, tourists
Viet Nam and Nepal have huge potential for co-operation in various sectors, especially tourism, according to the Viet Nam Chamber of Commerce and Industry (VCCI). More and more companies from Nepal are seeking opportunities in Viet Nam while that country is also a promising market for Vietnamese enterprises, Nguyen The Hung, deputy director of the VCCI’s HCM City branch, said. Trade between the two countries was modest at US$38 million in the first nine months of last year, he told a seminar on business opportunities in Nepal held in HCM City on Wednesday. Many Vietnamese products could be exported to Nepal, including coffee and tea, other agricultural produce, textile and garment, electrical equipment, and food, he said. Viet Nam is also increasingly popular with Nepali tourists, he said Around two million Nepalis travel overseas every year, and Asia is their favourite destinations, he said. Nepal receives 1.2 million foreign visitors every year, and this is growing at 24 per … [Read more...] about Nepal comes looking for business opportunities, tourists
Vietnam sees export, trade opportunities in Cambodian market
Between January and November 2018, 1.2 million tonnes of Vietnamese steel products were exported to Cambodia for over 796 million USD, annual increases of 53.04 and 74.36 percent, respectively (Source: VNA) Hanoi (VNA) – Vietnam’s exports to Cambodia exceeded 3 billion USD last year, setting a record high in a decade and opening up opportunities for local firms to capitalise on untapped potential of the neighbouring market, statistics show. In the past three years, the value of Vietnamese shipments to Cambodia increased continuously from 2.2 billion USD in 2016 to 2.77 billion USD in 2017 and 3.4 billion USD in the first 11 months of 2018. According to the General Department of Vietnam Customs, during the January-November period last year, the export of steel, petroleum, and garment-textile products to Cambodia recorded significant increases and together accounted for the lion’s share of the country’s total, at 49.63 percent. Notably, 1.2 million … [Read more...] about Vietnam sees export, trade opportunities in Cambodian market
Indian firms seek business opportunities in Vietnam
India is strong in fibre and yarn production and Vietnam is dependent on import of feedstock for its textile industry, and so they could both benefit by co-operation, a business interaction event heard in HCM City on Wednesday. Representatives of Indian and Vietnamese firms exchange information at a business interaction event in HCM City on December 19.-Photo Courtesy of the organiser K Srikar Reddy, the Indian consul general in HCM City, said Vietnam and India are among the top five exporters of textiles and clothing and their interests converge. Vietnamese textile exports topped US$31 billion last year but it also imported $19 billion worth of inputs, especially yarn and fabric, he said. In the year until March 2018, India’s exports were worth $36.73 billion. Under the India-ASEAN Free Trade Agreement, most types of yarns and woven and knit fabric could be imported duty-free from India starting next month. Dilbagh Singh, chairman of the Indian Business Chamber in … [Read more...] about Indian firms seek business opportunities in Vietnam
Indian firms seek business opportunities in VN
India is strong in fibre and yarn production and Viet Nam is dependent on import of feedstock for its textile industry, and so they could both benefit by co-operation, a business interaction event heard in HCM City on Wednesday. K Srikar Reddy, the Indian consul general in HCM City, said Viet Nam and India are among the top five exporters of textiles and clothing and their interests converge. Vietnamese textile exports topped US$31 billion last year but it also imported $19 billion worth of inputs, especially yarn and fabric, he said. In the year until March 2018, India’s exports were worth $36.73 billion. Under the India-ASEAN Free Trade Agreement, most types of yarns and woven and knit fabric could be imported duty-free from India starting next month. Dilbagh Singh, chairman of the Indian Business Chamber in Viet Nam, said India has a strong fibre and yarn industry that produces almost all kinds of fabric and supporting materials, making it one of the three largest textile … [Read more...] about Indian firms seek business opportunities in VN
Korean firms to explore business opportunities in Singapore
President Moon Jae-in (Source: AFP) Seoul (VNA) - Leaders of major groups and smaller businesses from the Republic of Korea (RoK) will join President Moon Jae-in on his state visit to Singapore this week, the Korea Trade-Investment Promotion Agency (KOTRA) said on July 9. Moon, who is on a four-day trip to India, is scheduled to visit Singapore from July 11-13, during which he plans to hold a meeting with Singaporean Prime Minister Lee Hsien Loong. The RoK President will be accompanied by a large-scale delegation composed of heads and high-ranking officials of 72 conglomerates and smaller companies, as well as chiefs of business bodies, according to KOTRA. They include a vice chairman of tech giant Samsung Electronics Co., the CEO of top automaker Hyundai Motor Co. and a vice chairman of LG Group. Businessmen representing smaller companies include the chairmen of Ssangyong Engineering & Construction Co., Hyundai Group, SM Group, and food and … [Read more...] about Korean firms to explore business opportunities in Singapore
Belgian potato exporters seek opportunities in Vietnam
Belgium’s Flanders Agricultural Marketing Board held a press conference in Hanoi on May 14 to announce a plan to develop the Belgian potato market share in Vietnam. Belgium is the world’s largest frozen fries exporter, with over 90 percent being shipped abroad - Source: Flanders Agricultural Marketing Board Attending the event were five largest Belgian businesses major in exporting potato products and specialties to 100 different markets globally, including Agristo, Bart’s Potato Company, Clarebout Potatoes, Ecofrost and Mydibel, and the Belgian fries group Theo VNA … [Read more...] about Belgian potato exporters seek opportunities in Vietnam
Dialogue talks Vietnam – Iran business opportunities
Speaker of the Parliament of Iran Ali Ardeshir Larijani (middle) (Source: VNA) Hanoi (VNA) – A Vietnam – Iran business dialogue took place in Hanoi on April 17 to discuss business opportunities between the two countries. The event was co-organised by the Vietnam Chamber of Commerce and Industry (VCCI), the Vietnam – Iran Business Council and Iranian Embassy in Vietnam on the occasion of the ongoing visit by Speaker of the Parliament of Iran Ali Ardeshir Larijani. Speaking at the dialogue, VCCI Vice President Doan Duy Khuong said bilateral ties have grown towards lifting two-way trade to 2 billion USD, with a focus on oil and gas, telecommunications, agriculture and aquatic products. Two-way trade hit 164.6 million USD last year, a modest figure compared to the two countries’ potential. Vietnam could export rice, tea, coffee, cashew nuts, pepper, rubber, motorbike and bicycle spare parts to Iran while the Western Asian country could ship petrol, … [Read more...] about Dialogue talks Vietnam – Iran business opportunities
Potential business opportunities for Vietnamese and Korean enterprises
Over the years, Vietnam Expo has done a good job of promoting trade among neighbouring countries in the region and has been constantly expanding to reach an ever-increasing line-up of attending countries, increasing the number of enterprises which have well-known brands, and demonstrating new technologies, as well as connecting enterprises. The 28th Vietnam International Trade Fair (Vietnam Expo 2018) themed “Vietnam Expo—Enhancing regional and global economic links,” will take place on April 11-14 at Hanoi International Exhibition Centre (ICE). There will be 500 booths and 450 enterprises from 20 provinces and cities from across Vietnam and 23 countries and territories. The national pavilions include Russia, Cuba, Korea, Nepal, China, and Vietnam. Over the past 25 years, Vietnamese-Korean trade has grown from just $500 million in 1992 to approximately $60 billion at the end of last year. The figure is expected to reach $70 billion by this year and $100 billion by … [Read more...] about Potential business opportunities for Vietnamese and Korean enterprises