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.
Fifty-three paintings by Nguyen Quang Thieu, President of the Vietnamese Writers' Association, are on display in his first solo exhibition called Flutist at the Vietnam University of Fine Arts in Hanoi.
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.
Vietnam gained 2.7 billion USD from shipping an estimated 1.7 million tonnes of coffee abroad in 2020, accounting for over 10 percent of the world’s coffee value and 18 percent of the market share, according to the Ministry of Agriculture and Rural Development (MARD).
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.
Vietnam and Cuba sought measures to increase two-way trade to 500 million USD in 2025 during the 38th meeting of the Vietnam-Cuba Inter-Governmental Committee, held online on December 30.
The national project on developing high-quality coffee has helped businesses and farmers apply technologies in farming, cope with climate change, reduce production costs and improve economic efficiency in coffee production, heard a conference held in Buon Ma Thuot city, the Central Highlands province of Dak Lak, on December 29.
The UK-Vietnam Free Trade Agreement (UKVFTA) is expected to intensify economic cohesion and reciprocation between the two countries, thus deepening and elevating the bilateral strategic partnership, said a diplomat.
The Ministry of Industry and Trade (MoIT) held a seminar in Hanoi on December 18 to provide businesses with an insight into the Vietnam-Cuba Trade Agreement, the Latin American country’s first deal with an Asian partner.
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.
Coffee chain Cafe Amazon, which has over 3,500 branches throughout Thailand, is scheduled to open its second store on Phan Xich Long street in Phu Nhuan district of Ho Chi Minh City.
The conclusion of the UK-Vietnam Free Trade Agreement (UKVFTA) demonstrates the importance of Vietnam as a market and its heightened position in the eyes of the UK, Vietnamese Ambassador to the UK Tran Ngoc An told the Vietnam News Agency after the finalisation of the bilateral trade deal in Hanoi on December 11.
The Russian market has opened its doors for Vietnamese goods, Robert Kurilo, chief representative of the Russian Export Centre (REC) in Vietnam, has said.
“If we only focus on immediate benefits, it is difficult to go far but if we want to grow high and reach far, sustainable development is the only way,” said Binu Jacob, CEO of Nestle Vietnam, who is co-chair of the Vietnam Business Council for Sustainable Development (VBCSD).
Vietnam sustained an export growth rate of over 5 percent during the last 11 months, helping the trade surplus hit a record that almost doubled the figure in the same period of 2019.
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