Vietnam earned an estimated 700 million USD from exporting goods to Israel in 2020 despite difficulties and obstacles posed by the COVID-19 pandemic, according to the Vietnamese Trade Office in the Middle East country.
The southern province of Binh Phuoc, dubbed Vietnam’s “cashew capital”, is working towards boosting the popularity of its cashew nuts among global consumers, especially in demanding markets such as the US and the EU.
A large number of farm products have been presented to soldiers and people stationed in the island district of Truong Sa (Spratly) by members of the business association of the Central Highlands’ Lam Dong province in the hope of bringing them a happier Tet (Lunar New Year) holiday.
Vietnamese exporters in the steel and mechanic sectors expect to get easier access to the UK market following the signing of the UK-Vietnam Free Trade Agreement (UKVFTA) last month.
The UK-Vietnam Free Trade Agreement (UKVFTA), which became effective on January 1, is expected to create a strong motivation pushing Vietnam forwards on the path of economic development and international integration.
The UK-Vietnam Free Trade Agreement (UKVFTA), which will come into force at 23:00 on December 31, 2020, will open the door wider for bilateral economic and trade ties and help form a solid foundation for their strategic partnership to reach a new height.
The Vietnam Trade Office in Algeria has introduced a 65-page handbook on doing business with Benin in a bid to equip Vietnamese enterprises with information on the market and tips for successful transactions.
The Vietnamese Embassy in Egypt, in collaboration with the Alexandria Chamber of Commerce, held a workshop on economic and trade potential between the two countries on December 17, aiming at paving the way for both countries’ businesses to fully tap their potential.
Vietnam needs support from international partners to cope with losses due to climate change and the COVID-19 pandemic, according to an official from the Ministry of Agriculture and Rural Development (MARD).
A Dutch firm has decided to invest 250 million USD in a project in the southern province of Binh Phuoc to develop cashew nut material areas, conduct deep processing, and produce cashew nut shell oil for export.
The Asian Development Bank (ADB) has approved a 70 million USD in loan to improve the capacity of agribusinesses in six provinces across Cambodia to process key agricultural products.
In the past 30 years since the establishment of the Vietnam Cashew Association (Vinacas), cashew exports have reached more than 31 billion USD, according to insiders.
The International Organisation of La Francophonie (OIF) is changing itself to become more comprehensive. Vietnam, as a member, is having a greater opportunity for development.
In 2020, despite adverse impacts from COVID-19 pandemic, Vietnam's cashew exports in the first 10 months of 2020 exceeded 422,000 tonnes, up 12% year-on-year.
Vietnamese exporters should further exploit the 28-member European Union to increase their market share in the promising region, Vietnam Trade Counsellor in Germany Bui Vuong Anh has said.
Vietnam has maintained its position as the world’s largest producer and exporter of cashew nuts in 2020, exporting an estimated 450,000 tonnes of cashew kernels worth 3.2 billion USD, according to the Vietnam Cashew Association (Vinacas).
Vietnamese businesses introduced their potential and strong export products in various fields to Israeli partners at a Vietnam-Israel consumer goods trade exchange that was held virtually on November 23.
There is an opportunity for Vietnamese chocolate to become a niche player in the world market with a brand of unique flavoured cocoa, according to the Belgian ambassador to Vietnam.
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