Vietnam is likely to reach its export turnover target of 11 billion USD from wood and forestry products this year as the main season for business is in the last six months of the year, according to an official of the Vietnam Timber and Forest Product Association (VIFORES).
Vietnam will spare no effort to further promote its relations with the European Union (EU), Prime Minister Nguyen Xuan Phuc said while receiving Federica Mogherini, Vice President of the European Commission and High Representative of the EU for Foreign Affairs and Security Policy, in Hanoi on August 5.
The European Union (EU) considers Vietnam a leading partner in the region and is implementing many specific policies and measures to enhance its cooperative relations with the Southeast Asian country, a senior EU official said on August 5.
Chairwoman of the Vietnamese National Assembly Nguyen Thi Kim Ngan hosted a reception in Hanoi on August 5 for Federica Mogherini, Vice-President of the European Commission and High Representative of the European Union for Foreign Affairs and Security Policy.
The forestry industry gained a trade surplus of over 4.57 billion USD in the first seven months of this year, according to the Vietnam Administration of Forestry (VNFOREST) under the Ministry of Agriculture and Rural Development.
National Assembly Chairwoman Nguyen Thi Kim Ngan lauded contributions by head of the Delegation of the European Union to Vietnam Bruno Angelet to fostering Vietnam-EU relations when receiving the outgoing diplomat in Hanoi on August 1.
Vietnam and the European Union (EU) last week signed a landmark free trade deal that will slash tariffs on almost all goods, including wood and timber products. It is expected to give Vietnamese wood exporters better market access and more opportunities to expand their business.
The United States (US) is a leading important market of the Vietnamese wood processing industry, Deputy Minister of Agriculture and Rural Development Ha Cong Tuan affirmed at the Southeast Asia Convention held by the American Hardwood Export Council (AHEC) in Hanoi on June 25.
The export of forestry products in the first half of 2019 fetched about 5.3 billion USD, a year-on-year surge of nearly 20 percent, according to the Vietnam Administration of Forestry under the Ministry of Agriculture and Rural Development.
The export value of forestry products in the first five months of 2019 hit 4.25 billion USD, up nearly 20 percent year-on-year, according to the Vietnam Administration of Forestry under the Ministry of Agriculture and Rural Development (MARD).
The first meeting of the European Union-Vietnam Joint Committee for the implementation of the EU-Vietnam Framework Agreement on Comprehensive Partnership and Cooperation took place in Hanoi on May 10.
The Voluntary Partnership Agreement (VPA) on Forest Law Enforcement, Governance, and Trade (FLEGT) between the European Union (EU) and Vietnam will come into force on June 1, 2019.
The Voluntary Partnership Agreement (VPA) on Forest Law Enforcement, Governance, and Trade (FLEGT) between the European Union (EU) and Vietnam will come into force on June 1, 2019.
Vietnamese agro-forestry-fishery products are now available in 180 countries and territories thanks to Vietnam’s increasing global economic integration and implementation of free trade agreements.
The Vietnam Administration of Forestry (VNForest) launched an action plan on April 3 for communications to implement the Voluntary Partnership Agreement on Forest Law Enforcement, Governance, and Trade (VPA/FLEGT) between Vietnam and the European Union (EU).
Countries joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) are potential markets for Vietnamese wood firms, said Nguyen Ton Quyen, Vice Chairman of the Vietnam Timber and Forest Products Association.
The wood and forestry export turnover for this year needs to surpass 11 billion USD, Prime Minister Nguyen Xuan Phuc told the agriculture sector at a forum held in Hanoi on February 22.
Business
