Vietnamplus

Vietnam’s textile industry faces many difficulties with both export and production on the decrease due to effects of an intensified China-US trade war, said industry experts.

Vietnam needs a long-term strategy to increase the quality of its rice exports to create sustainable growth in the future, experts say.

Vietnam recorded a trade surplus of 930 million USD with Japan in the first eight months of 2019.

Vietnam’s pepper sector is facing a range of difficulties due to the oversupply and the fierce competition in the global market, resulting in low prices, according to the Ministry of Agriculture and Rural Development (MARD).

Senior officials of the parliament and government of Portugal have expressed the country’s strong commitment to substantively enhancing relations with Vietnam while meeting with a delegation of the Communist Party of Vietnam (CPV) in Lisbon.

A forum to create connection and promote cooperation between Vietnamese and Japanese enterprises operating in agriculture was held by the Ministry of Agriculture and Rural Development (MARD) in Hanoi on September 19.

Vietnamese Deputy Foreign Minister Bui Thanh Son and his Mexican counterpart Julian Ventura Valero have compared notes on measures to strengthen relations between the two countries and foreign ministries.

The northern province of Vinh Phuc enjoyed robust economic growth in the first eight months of 2019.

The 7th Regional Comprehensive Economic Partnership (RCEP) ministerial meeting took place in Bangkok, Thailand on September 8.

Many companies are moving their factories from other countries to Vietnam, showing the potential for strong development of industrial real estate, according to Savills Vietnam.

Representatives from 26 Vietnamese enterprises and four provinces together with tens of Japanese firms attended a seminar on Vietnam-Japan trade exchange and economic cooperation in Tokyo on August 29 to seek business opportunities.

Sustainable development remains a key focus for Vietnamese enterprises in the years to come, according to a recent survey conducted by the Ministry of Planning and Investment (MPI).

The sixth industry and trade conference for the central – Central Highlands regions took place in the Central Highlands province of Gia Lai on August 16.

The Ministry of Finance plans to eliminate import taxes on auto materials and parts in order to support the development of the country’s automobile industry.

Vietnam and Singapore held the 12th political consultation in the island city state on August 14, agreeing to make joint efforts to continue intensifying their strategic partnership.

Thailand’s Commerce Ministry has planned to establish a war room to respond to economic challenges in the country.

China’s yuan (renminbi) has remained above the sensitive level of seven to the US currency for the last three days, hinting that trade friction between the US and China is entering a dangerous phase. The escalating tension between the two world powers is predicted to have negative impacts on Vietnam’s trade in the short term.

A delegation of the Vietnam Food Association (VFA) made a working visit to Mexico from August 3-7 to look for chances to export rice and other farm produce to American country.

Thai Minister of Commerce Jurin Laksanawisit on August 7 pledged to speed up negotiations on bilateral and regional free trade agreement (FTAs), including the Regional Comprehensive Economic Partnership (RCEP) and the EU-Thailand FTA.

Experts proposed a number of solutions to boosting food export to potential markets during a workshop held in Ho Chi Minh City on August 7.