Vietnamplus

Bilateral trade between Vietnam and African economies has made significant growth in the past decade, however, there is still room for improvement.

A forum was held in Hanoi on November 28 to seek ways to enhance trade and business partnerships between Vietnam and Ghana.

Nearly 20 Vietnamese firms in various areas are participating in the 39th India International Trade Fair (IITF), which began in New Delhi on November 14.

Vietnam can become a gateway for Indian businesses and goods to enter other large markets, according to Do Quoc Hung, head of the Asia-Africa Market Department under the Vietnamese Ministry of Industry and Trade.

Asia and Europe are important markets for Vietnamese fruits and vegetable exports and imports, and flowers could be next, experts said at a seminar on “Fruit, vegetable and flower exports - New movements in Asian and European markets” in Hanoi on October 24.

The Vietnam Solar Power Expo 2019 opened in Hanoi on September 25, drawing 48 exhibitors and more than 300 enterprises.

Vietnam’s agro-fishery export to its most important market – China – has experienced sluggish growth over the recent past.

A conference was held in Hanoi on September 13 to seek ways to boost sustainable exports of agricultural and aquatic products to China.

Chances for trade and investment cooperation with Singapore and Malaysia under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) were highlighted at a workshop held in the southern province of Long An on August 30.

Minister of Industry and Trade Tran Tuan Anh has directed relevant agencies to coordinate and implement the most effective solutions to ensure the achievement of export growth targets.

Boasting 1.8 million hectares of fruit and vegetable plantation, with many various zones applied advanced technologies into production, Vietnam aims to gain 5 billion USD from farm produce exports by 2020.

With their high demand for agricultural products, the Republic of Korea and Japan offer opportunities for Vietnam to boost export of farm produce, especially fruits and vegetables, Do Quoc Hung, Deputy Director General of the Asia-Africa Market Department, has said.

Vietnam and the Democratic People’s Republic of Korea (DPRK) should maintain exchanges through political and diplomatic channels and step up the sharing of information on policies and regulations related to import-export and investment so as to boost bilateral economic and trade ties, according to an official from the Ministry of Industry and Trade.

The upcoming visit to Laos made by Party General Secretary and President Nguyen Phu Trong from February 24-25 is expected to serve as a launching pad for both nations to tap their economic cooperation potential to the fullest extent.

The Asia-Africa Market Department under the Ministry of Industry and Trade (MoIT) has made some recommendations for Vietnamese enterprises when exporting watermelons to China.

The Vietnamese market has seen an increasing amount of Japanese goods winning locals’ predilection.

Prime Minister Nguyen Xuan Phuc is leading a high-level delegation of Vietnam to attend the 10th Mekong-Japan Summit in Tokyo and visit Japan from October 8-10. The trip is hoped to help lift bilateral trade to 60 billion USD in 2020.

The Middle East and Africa are promising markets for Vietnamese exports, heard at a seminar in Ho Chi Minh City on September 27.

President Tran Dai Quang’s visit to Ethiopia and Egypt from August 23-29 is expected to open new prospects for trade and investment cooperation between Vietnam and the two nations, as well as with the African region in general.

Sixty local firms and 10 Omani enterprises operating in various fields sought investment partnership at a seminar held in Hanoi on March 22 by the Ministry of Industry and Trade (MoIT), the Vietnam Chamber of Commerce and Industry (VCCI) and the Vietnam-Oman Investment (VOI) joint-venture.