The purchasing power in the domestic market is expected to increase by between 15-20 percent from now until the 2021 Tet (Lunar New Year), with food products seeing the strongest rise, said Tran Duy Dong, Director of the Ministry of Industry and Trade (MoIT)’s Domestic Market Department.
Vietnam needs to strengthen measures to achieve the sustainable development of seafood exports to the EU market, especially after the EVFTA comes into effect, according to experts.
Vietnam's seafood exports to the European Union (EU) market this year is forecast to decrease by 20 percent compared to last year, reaching only over 1 billion USD, heard a workshop held in the Mekong Delta city of Can Tho on October 16.
The 11th Congress of southern Dong Nai province’s Party Organisation for the 2020-2025 tenure will take place on October 14-16 with the participation of 348 delegates.
Besides its strength in industries, in recent years, the northern province of Vinh Phuc has maintained effective agricultural production with diverse farm produce and breeding products, requiring it to promote the agricultural product processing sector to enhance their value.
The northern province of Bac Giang plans to focus on developing industrial parks and clusters to welcome a new wave of investment to the locality, according to Director of the provincial Department of Industry and Trade Tran Quang Tan.
The State should develop solutions to reduce high logistics costs in trading agricultural products to improve the competitiveness of Vietnamese farm produce on the market, according to experts.
Experts have recommended the use of high-yield silkworm varieties that can adapt to Vietnamese conditions to reduce reliance on imports from China and other countries.
Prime Minister Nguyen Xuan Phuc has requested ministries, localities and businesses strengthen cooperation to develop agricultural mechanisation and processing of agricultural products.
As many as 76 specialties from the northern mountainous province of Lao Cai are being displayed at the Lao Cai agricultural and OCOP products exhibition which began on December 6 at the Big C Thang Long supermarket in Hanoi.
An exchange programme of farmers from Vietnam, Laos and Cambodia took place in the Central Highlands province of Lam Dong on November 30, aiming to foster the friendship and cooperation among the three countries in agricultural product production and selling.
Minister of Industry and Trade Tran Tuan Anh affirmed Vietnam’s wish to promote the friendship and economic, trade and investment ties with the UAE while addressing a business forum between the two countries in Hanoi on October 15.
Vietnam’s coffee exports in the first nine months of this year fell by 13.3 percent in volume to 1.25 million tonnes and 21.9 percent in value to 2.15 billion USD compared with the same period of last year.
The southern province of Binh Phuoc is attracting attention from many Japanese businesses who want to make investment in Vietnam, according to the Japan External Trade Organisation (JETRO) Office in Ho Chi Minh City.
A delegation of businesses from Asahikawa city of Japan visited Thua Thien-Hue on August 29 and 30 to explore investment chances in the central province of Vietnam.
Over 11.4 trillion VND (491.3 million USD) was poured into 11 projects of agricultural product processing in the first half of 2019, according the Ministry of Agriculture and Rural Development.
Members of the European Union (EU) have expressed their belief in the positive impact that the bloc’s free trade agreement with Vietnam (EVFTA) will have on bilateral trade relations.
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