Japanese retail giant AEON to double goods from Vietnam
Japanese retail giant AEAON Co. will double the value of products it procures from Vietnam from the current level to 500 million USD in 2020.
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Japanese retail giant AEAON Co. will double the value of products it procures from Vietnam from the current level to 500 million USD in 2020.
A Vietnam fair was launched on June 7 at 46 supermarkets and malls of AEON group in Kanto region, including AEON Lake Town Mori in Saitama prefecture – one of three largest AEON malls.
Vietnamese Prime Minister Nguyen Xuan Phuc and his Russian counterpart Dmitry Medvedev co-chaired a joint press conference following their talks in Moscow on May 22, noting that they agreed to continue diversifying cooperative relations, especially in economy, trade and new spheres.
To gain a larger market share in China, aquatic product exporters of Vietnam have been urged to target restaurants and hotels.
A workshop was held in the Mekong Delta province of Hau Giang to help farmers with the application of smart agriculture.
Vietnam’s tra fish export sector was probably the most improved industry this year, but rampant production could lead to excess supplies and price drops, according to Viet Dragon Securities Company (VDSC).
Tra fish exports posted an impressive growth rate of 26.4 percent this year to hit a record of 2.26 billion USD, according to the Directorate of Fisheries of Vietnam.
Prime Minister Nguyen Xuan Phuc asked the Mekong Delta province of An Giang to continuously improve its investment environment, with attention paid to human resources quality and infrastructure, while addressing an investment promotion conference held by the province on December 15.
The Mekong Delta province of An Giang has attracted 78 projects with total registered capital of 24.8 trillion VND (1.06 billion USD) in the first 10 months of the year, a year-on-year increase of 6.85 percent in the number of projects and 2.97 times in capital, according to the provincial Department of Planning and Investment.
The entrepreneurial spirit of businesses is a stimulus for the Government to act more drastically and innovatively, said Prime Minister Nguyen Xuan Phuc at the annual Vietnam Business Forum (VBF) 2018 in Hanoi on December 4.
Vu Thi Thanh Hanh, general manager of Learth Vietnam Co Ltd, said sales of her company’s VietJoy leaf tea products were very good three months after they entered the Singaporean market.
Prime Minister Nguyen Xuan Phuc on November 4 hosted a talk with representatives of a number of leading Chinese groups operating in the fields of agriculture, finance, banking, construction, transport, energy and distribution.
Economic, trade, and investment ties between Vietnam and Romania remain modest and have yet to match their full potential, as heard at a seminar introducing the Romanian market in Hanoi on October 22.
Seafood export value in the first nine month of the year was estimated at 6.4 billion USD, a year-on-year increase of 7.2 percent, according to the Department of Farm Produce Processing and Market Development under the Ministry of Agriculture and Rural Development (MARD).
Vietnam’s aquatic products are forecast to bring home 9 billion USD from exports in 2018, up 7 percent from the previous year, said the Vietnam Association of Seafood Exporters and Producers (VASEP).
With a population of 1.2 billion and a high economic growth rate in recent years, Africa is a promising market for Vietnam, according to the Vietnamese trade counsellor in charge of several African countries.
The US Department of Commerce (DOC) reduced anti-dumping duties on Vietnamese tra and basa (pangasius) fish under its preliminary conclusion of the 14th period of review (POR14) for the period from August 1, 2016 to July 31, 2017.
Vietnam holds aspirations to become a country with prosperous development, inferior to no other countries’ in the world, Prime Minister Nguyen Xuan Phuc said at the Vietnam Business Summit in Hanoi on September 13.
