Cashew exports: Tough nut to crack due to global fluctuations
08:41 | 03/03/2020 Trade
(VEN) - Amid fluctuations in the global cashew market, the Vietnam Cashew Association (Vinacas) will focus on improving the quality of Vietnamese cashew nuts for exports, while increasing processing efficiency. Vietnam is one of the world’s largest cashew exporters.
Vietnam ready to respond to changes in international economic-trade cooperation
10:20 | 25/02/2020 Trade
The Office of the United States Trade Representative (USTR) has officially removed Vietnam and more than 20 other countries from its list of countries designated as developing or least-developed under the US Countervailing Duty Law. According to the update, Vietnam will lose certain trade privileges and interests, partly affecting Vietnam’s economic development process as well as the stability of trade activities. Minister of Industry and Trade Tran Tuan Anh granted an interview to Nhan Dan Newspaper regarding Vietnam's preparations to stand ready to cope with the above move and unpredictable changes in the global economic and trade cooperation.
Vietnam boosts response to trade remedies
10:43 | 24/02/2020 Trade
(VEN) - Trade remedy lawsuits are complicated due to the requirements of investigating authorities for documents, data, contracts and invoices. The Ministry of Industry and Trade has worked with various authorities, associations and businesses to boost the protection of business interests in response to other countries’ trade remedies.
Vietnam seeks to catch up with seafood export targets
08:47 | 21/02/2020 Trade
(VEN) - In 2019, fierce competition in foreign markets pushed down the price of Vietnamese seafood exports, which fell short of their revenue target. Vietnam Economic News’ Thuy Duong spoke about this with Truong Dinh Hoe, Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP).
Border localities asked to resume trade with China
10:02 | 18/02/2020 Trade
Minister of Industry and Trade Tran Tuan Anh has asked the northern provinces of Lang Son and Quang Ninh to resume imports, exports and transport of goods through three sub-border gates in the two localities after a suspension due to the outbreak of the coronavirus disease (COVID-19).
Vietnam’s trade with Africa: Potential and challenges
10:17 | 11/02/2020 Trade
(VEN) - Two-way trade between Vietnam and Africa surged 250 percent to US$6.6 billion in 2018 from US$2.52 billion in 2010, due to their complementary import and export structures. Vietnam exports mobile phones and components, computers and components, textiles, footwear, rice, coffee, pepper, coconut copra, cashews, seafood, and building materials, which have attracted buyers in Africa, especially in such big markets as South Africa, Egypt, Ghana, Algeria, Ivory Coast, Nigeria, and Cameroon.
Vietnam strives for added rice export value
10:29 | 06/02/2020 Trade
(VEN) - Vietnam’s ST25 rice surpassed many other rice varieties from other countries to win first prize in the World’s Best Rice Contest 2019 within the framework of the November World Rice Conference in Manila, the Philippines. The title, following decades of branding, has delivered a boost to the country’s rice exports.