Enjoying a close relationship, Vietnam and Malaysia have had a lot
of potential for mutual development, Vietnamese Ambassador to Malaysia
Nguyen Hong Thao has said.
The Philippine trade, which for the past 20 years focused on its
traditional markets – US, Europe, Japan and China – has now shifted to
ASEAN, making it a must for Filipino enterprises to take advantage of
the ASEAN trading regime by 2015.
The southern province of Bac Lieu earned 294 million USD from
seafood exports in the first 10 months of this year, a year-on-year rise
of eight percent, and equivalent to 83 percent of its planned figure.
Vietnam, one of the world’s leading rice exporters , has lowered
bar for its rice export for 2013 to between 7-7.2 million tonnes from
the targeted 7.5 million tonnes and is striving to open new markets .
The Vietnam Economic News reports.
Thailand’s export to Saudi Arabia has increased 21 percent in the first 4
months of this year, partly due to a backlog of undelivered orders
during last year’s flood as well as rising demand.
The Ministry of Industry and Trade (MoIT) has warned of upcoming
challenges in finding industrial export contracts due to financial
difficulties in key export markets such as the EU and US.
Vietnam’s Mekong Delta city of Can Tho and Nice city of France have
signed an agreement on their twin relations during a France working
visit by Can Tho senior officials from Sept. 24 to Oct. 2.
The General Statistics Office has estimated that the country had a trade
deficit of 800 million USD in August after gaining a trade surplus last
month for the first time since 2009.
Vice President Nguyen Thi Doan urged the Government to boost sustainable
development of the domestic wood products industry, with the aim of
making it an important economic sector.
The Vietnam National Coal, Mineral
Industries Holding Corporation Limited (Vinacomin) has raised coal
prices for products delivered to Electricity of Vietnam (EVN)
thermo-electric plants.
The Government has set a goal to attain
a combined turnover of 16 billion USD from agricultural, forestry and
seafood exports this year, an increase of 700 million USD.