Vietnamplus

The European Union-ASEAN Business Council (EU-ABC) has launched a region-wide position paper of recommendations to boost market access as well as increase trade and investment between Europe and ASEAN.

Tra fish output in the Mekong Delta increased in the first six months of 2015 but export value of tra fish products experienced a downfall, according to Deputy Chairman and General Secretary of the Vietnam Pangasius Association Vo Hung Dung.

Vietnam Fatherland Front President Nguyen Thien Nhan overviewed his country’s economic development potential to an audience of German politicians, businesspersons and bankers on June 29 as part of his working visit to the European nation.

The progress on and quality of negotiations for an EU-Vietnam free trade agreement (EVFTA) have been ensured, making the target for the conclusion of the talks feasible, Minister of Industry and Trade Vu Huy Hoang said following his working session with EU Commissioner for Trade Cecilia Malmstrom in Brussels on June 23.

Norway wants to foster cooperation with ASEAN for mutual benefit, Norwegian Prime Minister Erna Solberge highlighted at a meeting with visiting ASEAN Secretary General Le Luong Minh in Oslo on June 15.

Vietnam would continue to decrease tuna's export value in the second quarter of this year, partly due to its falling price on the world market, the Vietnam Association of Seafood Exporters and Producers (VASEP) forecast.

ASEAN could become the world’s fourth largest economy by 2050, according to Myanmar's Minister of the Prime Minister’s Department Wee Ka Siong.

Malaysia recorded the 208th consecutive month of trade surplus in February 2015, with a value of 4.52 billion RM (1.25 billion USD), according to the country’s Ministry of International Trade and Industry (MITI).

Vietnamese leaders separately met with Singapore Parliament Speaker Halima Yacob on April 2.

Ho Chi Minh City will focus on furthering product penetration in the ASEAN market in 2015 as it has been a key market for the municipality’s exports in recent years.

Experts have suggested Government and State management agencies create a healthy investment climate for small- and medium-sized enterprises (SMEs) to compete in the 600-million-strong ASEAN market in anticipation of the year-end establishment of the ASEAN Economic Community (AEC).

The ASEAN Business Forum 2015, held on March 12 in the Malaysian capital of Kuala Lumpur, focused on boosting trade among the bloc’s members.

New free trade agreements are opening up promising avenues for the Vietnamese business community to expand their operation but also present numerous challenges, forcing domestic enterprises to take a new approach, Nhan dan (People) newspaper reported.

The ASEAN trade exhibition industry is expected to grow at an annual pace of 10 percent over the next three to four years, with the implementation of the ASEAN Economic Community (AEC) initiatives.

Foreign direct investment (FDI) in Vietnam is forecast to increase significantly this year, as many large FDI projects are expected to be issued licences in the next few months.

A seminar was held in Ho Chi Minh City on December 11 to help businesses effectively tap the Russian market and increase import-export activities in the Customs Union of Russia, Belarus and Kazakhstan.

Vietnam always wishes to expand mutually beneficial cooperation with African countries, including Ethiopia, said Deputy Prime Minister Vu Van Ninh during talks with his visiting Ethiopian counterpart Demeke Mekonnen in Hanoi on November 28.

A delegation of the National Financial Supervisory Commission led by Chairman Vu Viet Ngoan paid a working visit to Malta on November 4-5, aiming at promoting trade and investment between the two countries.

President Truong Tan Sang received visiting Slovakian Deputy Prime Minister and Minister of Foreign and European Affairs Miroslav Lajcak in Hanoi on November 4.