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It’s unbelievable but true though Vietnam is one of the planet’s tropical fruit meccas, Vietnamese consumers pour a lot of money on foreign fruits. According to the Vietnam Customs’ figure, Vietnam spent US$1.5 billion importing fruits and vegetables mostly fruits in ten months of the year. Averagely, every month, the country spend $150 million buying fruits. There has seen an increase of 50 percent – 70 percent in Australia and the US fruits resulting in cheaper prices of foreign fruits. In Ho Chi Minh City market alone, 800 tons of cherry has been sold in seven months of the year; of which, 349 tons was from the US and 250 tons from Australia. Similarly, 350 tons of US blueberry was available in Vietnam’s market from July to September. The more the country has imported, the cheaper prices of blueberry has been. This year, fresh blueberry has fetched VND600,000 per kilogram ($25.9/kg) meanwhile it had been over VND1 million a kilogram before. US cherry … [Read more...] about Vietnam spends much on vegetables, fruits import

The talks were held on the occasion of Hue’s attendance at the 15th China-ASEAN Business and Investment Summit (CABIS) and the 15th China-ASEAN Expo (CAEXPO). Vietnamese Deputy Prime Minister Vuong Dinh Hue (L) and Chinese Vice Premier Han Zheng meets in Nanning on September 11 Deputy PM Hue spoke highly of the organisation of the 15th CABIS and CAEXPO in coincidence with the 15th anniversary of the ASEAN-China strategic partnership. He noted with satisfaction that relations between Vietnam and China have continued the positive development trend and made new strides with important common perceptions reached during visits and meetings between their leaders. China remains the biggest trade and tourism partner of Vietnam, and Vietnam also ranks first and eighth among ASEAN and global trade partners of China, respectively. While cooperation in agriculture, science-technology, culture, sports, tourism, education and health care has enjoyed good progress, … [Read more...] about Deputy PM Vuong Dinh Hue holds talks with Chinese Vice Premier

Participants in the 7th diplomatic – defence strategic dialogue between Vietnam and Australia pose for a photo (Photo: VNA) Canberra (VNA) – The 7th diplomatic – defence strategic dialogue between Vietnam and Australia, an annual activity since 2012, took place in Canberra on December 10. Deputy Chief of the General Staff of the Vietnam People’s Army Rear Admiral Nguyen Trong Binh and Deputy Minister of Foreign Affairs Nguyen Quoc Dung co-chaired the event with Australia’s Deputy Secretary of the Department of Foreign Affairs and Trade Richard Maude and Deputy Secretary of the Department of Defence Peter Tesch. At the dialogue, the two sides reviewed the strong developments in bilateral relations and reaffirmed their countries’ importance in each other’s foreign policies. They said defence collaboration is an important pillar in the Vietnam – Australia strategic partnership, agreeing to continue effectively carrying out bilateral … [Read more...] about Vietnam, Australia hold 7th diplomatic – defence strategic dialogue

Three young Vietnamese women were lauded for their effort by former U.S. First Lady Michelle Obama when they met in the southern province of Long An on Monday. The meeting at Can Giuoc High School in Long An was part of Obama’s trip to Vietnam with American actress Julia Roberts to spotlight girls’ education on behalf of the Obama Foundation’s Girls Opportunity Alliance. They were joined by Vietnamese-American actress Lana Condor, Vietnamese actress Ngo Thanh Van, American news personality Jenna Hager, and American actress Liza Koshy. A video published on Michelle Obama's verified Facebook account on December 9, 2019 about her trip to Long An, Vietnam the same day. At the event, Obama and Roberts listened to the life stories of the Vietnamese women who were the scholarship winners of Room to Read, a program that works to help female students pursue education. The former first lady praised the young women for their effort in overcoming hardship in life to gain … [Read more...] about Who are the women Michelle Obama praised in Vietnam?

Vinh Phuc has planned to develop a total of 50 industrial parks and clusters, covering a total area of ​​more than 5,890ha. — Photo banqlkcn.vinhphuc.gov.vn The northern province of Vinh Phuc has become popular among domestic and foreign investors thanks to its breakthrough on socio-economic development, favourable location, young population and abundant labour force and a high proportion of trained workers. Located close to Ha Noi, Vinh Phuc has to date attracted 752 domestically-invested projects with a total registered capital of more than VND78 trillion (US$3.34 billion). It has also lured 378 foreign-financed projects worth more than $5 billion. These impressive results are attributable to the province’s endless efforts to improve its investment climate and to facilitate investors to solve challenges to implement their projects in a timely manner. In the past, the province has always ranked high on the Provincial Competitive Index (PCI) which has been … [Read more...] about Vinh Phuc emerges as an attractive investment destination