Vietnamese businesses are displaying their products and services at the 38th India International Trade Fair (IITF 2018) in New Delhi, India which opened on November 14.
Vietnam exported a record high of nearly 1.8 million tonnes of coffee during the 2017-2018 crop, 12.7 percent higher than the previous one, the Vietnam Coffee-Cocoa Association (VICOFA) has said.
The US is the largest export market of Vietnam, with export turnover hitting 39 billion USD in the first ten months of 2018, representing a year-on-year increase of 12.8 percent.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) agreement is expected to aid Vietnam's exports, especially textiles and footwear industries, when it takes effect, according to experts.
The Philippine economic growth slowed to 6.1 percent in the third quarter of 2018 – the slowest pace in three years.
The EU-Vietnam Free Trade Agreement (EVFTA) is expected to create solid opportunities for Vietnam to expand its export markets in the time ahead, especially in terms of the garment and footwear industries.
Vietnam is facing numerous difficulties and challenges in promoting trade facilitation, said experts at a forum in Ho Chi Minh City on November 8.
Leaders of Vietnam’s Dak Nong province and Cambodia’s Mondulkiri province have proposed upgrading Dak Peur-Nam Lyr from a major border gate to an international one.
The National Assembly passed a resolution on the socio-economic plan for 2019 with 447 out of 450 votes in the morning of November 8.
Export revenue in October topped 20.8 billion USD, a drop of 1.5 percent from the previous month, but increasing 2.3 percent compared to the same period last year, according to the Ministry of Industry and Trade.
Ho Chi Minh City wants to boost cooperation with foreign countries, including Malaysia, and will create an open business environment for foreign investors, said a city senior official.
More than 400 Vietnamese firms are exporting timber products to Europe, which is the 4th biggest market for Vietnam’s wood exports, accounting for over 10 percent of the country’s total export of the products.
Vietnam’s export turnover hit 200.27 billion USD in the first 10 months of 2018, up 14.2 percent against the same period last year, according to the General Statistics Office (GSO).
Vietnam’s signing of the Forest Law Enforcement, Governance and Trade Voluntary Partnership Agreement (FLEGT-VPA) with the European Union (EU) will help the country boost wood product exports to not only the EU but also many other markets, according to an official.
Experts have judged that the national export goal and trade deficit rate next year set by the Government was feasible.
Capital disbursement of foreign direct investment (FDI) projects stood at 15.1 billion USD as of October 20, up 6.3 percent year-on-year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
Prime Minister Nguyen Xuan Phuc will attend China’s first International Import Expo in Shanghai on November 4-5.
Hanoi Trade Corporation (Hapro) has signed contracts for exporting agricultural products worth about 2 million USD at the world’s largest food innovation exhibition SIAL Paris.
