Vietnam is the biggest exporter of cashew nuts in the world. (Illustrative image. Source: VNA) Hanoi (VNA) – The Ministry of Industry and Trade will send a delegation to Egypt to study investment in logistics and promote trade in the second biggest economy in Africa from December 1-6. Egypt is the largest economy in North Africa and the second in Africa, while Vietnam is the biggest exporter of black pepper and cashew nut in the world. The Southeast Asian country also ranks second globally in exporting rice and coffee. According to the Ministry of Industry and Trade, Egypt has been Vietnam’s second biggest export market in Africa, after South Africa, in recent years. The ministry plans to organise a workshop on logistics investment and trade promotion in Egypt’s Alexandria city, and hold working sessions with the Chamber of Commerce and Industry in Cairo as well as some major Egyptian businesses and associations. This will be a great opportunity for … [Read more...] about Vietnam to study logistics investment in Egypt
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Tourists travel by boats around the Trang An Tourism Complex. (Source: VNA) Cairo (VNA) - Documents, books and photos on Vietnamese culture, history, landscapes and handicraft were introduced at an event in Egyptian Ismailia province on April 2. The event was organised by the Vietnamese Embassy in Egypt and attended by Ismailia province governor Yassin Taher, Director of the Egyptian Public Library Development Fund Reda El-Taify and local visitors. The event is part of activities to mark the 55th anniversary of Vietnam – Egypt diplomatic ties. During the occasion, the Embassy of Vietnam also launched a reading room named “A Window to Vietnam” at the Ismailia Public Library to facilitate access to information on Vietnam. Visitors could also enjoy a dance with conical hats performed by Vietnamese students in Egypt and Vietnamese traditional food and coffee. Vietnamese Ambassador to Egypt Do Hoang Long highlighted the economic potential of the Egyptian … [Read more...] about Vietnamese culture introduced in Egyptian locality
She returned to Vietnam in August after Chinese authorities raided and deported undocumented immigrants. More about how she returned later. Cut to the present. In a countryside garment factory in the northern Bac Giang Province, Bien sits beside a bunch of red cloth bags. Around her dozens of other workers are making bags on sewing machines, but not Bien: Her job is to affix the company label on the bags, and she gets less than VND100,000 ($4.32) a day for it. She was given that job after failing to learn sewing despite eight days of training at the factory. "It's too difficult, I can't sew," she says. Bien is one of many Vietnamese trafficking victims rescued from China who returned lost, damaged, with little assurance their life would ever go back to the normal old days. Before being trafficked to China, she had been quite resourceful, working her family's rice field in Dong Lo Commune in Bac Giang while also attending a babysitting class. On October 2, 1991, when she was 23, Bien … [Read more...] about The plight of human trafficking survivors: Back from hell but to what?
Minister of Industry and Trade Tran Tuan Anh (R) and Minister of Agriculture and Rural Development Nguyen Xuan Cuong (C) at the conference on the EVFTA held in Ho Chi Minh City on August 21 (Photo: VNA) HCM City (VNA) – Overcoming tariff barriers doesn’t mean Vietnamese good and services can easily enter the European Union (EU), but they still have to satisfy strict non-tariff requirements of what is one of the world’s most demanding markets, according to Minister of Industry and Trade Tran Tuan Anh. The EU-Vietnam Free Trade Agreement (EVFTA) was signed in Hanoi on June 30. Once taking effect, it will eliminate 99 percent of the import tariff lines between the two sides in 7-10 years. This is the highest commitment level Vietnam has received among the FTAs it has inked. Notably, many commodities will benefit from the zero-percent tariffs immediately after the deal becomes effective such as coffee, peppercorn, honey and aquatic products. At a conference … [Read more...] about Tariff removal doesn’t mean easy entrance into EU market: minister
Though it has a diverse medicinal ecosystem, Vietnam still finds it difficult developing its medicinal herb treasury. Vietnam not only has the famous Ngoc Linh ginseng in Quang Nam and Kon Tum provinces, but also sam day (Sipunculus nudus), sam cau (Curculigo orchioides), Dang sam (Codonopsis pilosula), Dan Sam (Salvia miltiorrhiza) and sam bo chinh (Abelmoschus sagittifolius), grown in many different provinces and cities. These include ginseng with saponin concentration in no way inferior to South Korea’s ginseng. A report released at a science conference on preserving and developing the medicinal herb area of Central Highlands and the southern part of southern region held in Da Nang on June 21 showed that there are more than 5,000 types of herbs in the area. The concept of ‘value chain’ and the role of leading enterprises in the herbal medicine industry has been mentioned at many workshops and events, but the preferences in the master plan on … [Read more...] about Vietnam not satisfied about medicinal herb preservation