Vietnam logistics business association

The Ministry of Agriculture and Rural Development is therefore seeking to accelerate negotiations with the Chinese side in order to export a wide range of agricultural products through official channels. In line with this policy, priority will be given to durian, sweet potato, bird's nest, pomelo, passion fruit, avocado, custard apple, coconut, cardamom and pineapple, salted jellyfish, dried sea cucumber, and goby fish. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 17

“Trade actions are an inappropriate means by which to address currency valuation questions,” he said in a statement, adding that the business community strongly encourages the United States to foster a closer strategic and commercial partnership with Vietnam as that country grows in importance as a commercial market. … [Read more...] about US not impose tariff or sanction on Vietnam’s exports

Data from the General Department of Vietnam Customs confirmed that two-way trade turnover in 2020 reached over US$133 billion, up 13.8 percent over the same period in 2019. Of which, Vietnam's exports to China reached about $49 billion, up 17.9 percent, and imports from China reached $84.1 billion, up 11.5 percent over the same period. The trade deficit from the Chinese market was over $35 billion, up 3.74 percent compared to 2019. Thus, China continues to be the largest supplier and the second-largest export market of Vietnam after the US. The Asia-Africa Market Department and the Ministry of Industry and Trade cited the statistics report of China Customs that Vietnam has become the eighth largest supplier and the fifth largest export market of China. … [Read more...] about Two-way trade between Vietnam, China increases 13.8 percent

Tel Aviv (VNA) – Vietnam earned an estimated 700 million USD from exporting goods to Israel in 2020 despite difficulties and obstacles posed by the COVID-19 pandemic, according to the  Vietnamese Trade Office in the Middle East country. The figure showed a slight reduction from 774 million USD reported last year. This is said to be a positive result in the context that the Israeli market witnessed fluctuations, disturbances and difficulties amid political instability and negative impacts from the pandemic. Notably in November last year, Vietnam's export value to Israel surged by 27.2 percent compared to the previous month, reaching 51.04 million USD. Turnover of most key export items rose strongly in the month, with coffee up 108.6 percent, footwear (35 percent), phones and accessories (31 percent), and textiles and garments (21.4 percent) cashew nuts (16.9 percent), and seafood products (3.3 percent). Israel, with a population of only 9.3 million, is the third … [Read more...] about Vietnam maintains stable exports to Israel in 2020

He also asked Binh Phuoc to pay greater attention to links in development, regional connectivity, and infrastructure connectivity. As an important part of the new economic corridor, lying in the middle of the southeast and Central Highlands regions and with Thailand and Cambodia as neighbours, Binh Phuoc should turn its Hoa Lu border gate into a connection point for international tourism routes. … [Read more...] about VIETNAM NEWS JANUARY 17