The Vietnam Trade Promotion Agency under the Ministry of Industry and Trade (MoIT) on November 18 organised a seminar on promote trade in the European market, focusing on potential for expanding exports to the European market via official channels.
The Ministry of Industry and Trade (MoIT) will capitalise on signed free trade agreements (FTAs) to diversify markets, step up trade promotions and shift to exports through official channels with a view to gaining 377 billion USD in export revenue this year.
The recent signing of a protocol regarding the export of Vietnamese watermelon to China via official channels will help deter trade risks, boost the standard of the farm produce, and ease congestion at border gates, Director of the Plant Protection Department Huynh Tan Dat has said.
Vietnam earned 8.2 billion USD from exports to China in the first two months of 2023, posting a year-on-year increase of 4.2%, the Ministry of Industry and Trade (MoIT) has reported.
Minister of Agriculture and Rural Development Le Minh Hoan has signed the Protocol on requirements for quarantine, inspection and veterinary hygiene for bird’s nests of Vietnam to be exported to China after the document was inked by the General Department of Customs of China.
National flag carrier Vietnam Airlines, budget carrier Jetstar Pacific and Vietnam Air Services Company (VASCO) will supply over 414,000 extra seats from January 27 to February 26, 2021 to serve increasing travel demands during peak season of Tet (Lunar New Year) holiday.
Vietnam’s seafood exports to China are expected to rise in the second half of this year to reach the 1.2 billion USD target for the whole of this year as China’s seafood demand is on the rise, and the escalating US-China trade tension is likely to create as an opportunity for Vietnamese exporters to increase their market share in China.
Any transactions with Chinese businesses should be conducted via contracts in line with international trade practice, heard a conference in the Mekong Delta province of An Giang on May 8.
The UK and member states of the Association of Southeast Asian Nations (ASEAN) have agreed to maintain close ties via official channels following Brexit, during a meeting at the ASEAN Secretariat’s headquarters in Jakarta on January 10.
Understanding China’s technical regulations as well as sanitary and phytosanitary (SPS) requirements will help Vietnamese firms boost agricultural product exports to the neighbouring country via official channels to gain higher turnover, experts have recommended.
Overseas remittances to Ho Chi Minh City through official channels in the first eight months of 2017 were estimated at 3 billion USD, up 5 percent year-on-year, sourced mostly from the US and Europe.