With their high demand for agricultural products, the Republic of Korea and Japan offer opportunities for Vietnam to boost export of farm produce, especially fruits and vegetables, Do Quoc Hung, Deputy Director General of the Asia-Africa Market Department, has said.
The Ministry of Labour, Invalids, and Social Affairs (MoLISA) in collaboration with the International Labour Organisation (ILO) held a policy dialogue on March 13 on international standards related to child labour amidst international trade commitments.
Orders for furniture exports have risen strongly so far this year as demand has risen, according to Huynh Quang Thanh, Chairman and CEO of Binh Duong-based Hiep Long Fine Furniture Company.
The northern province of Hoa Binh plans to raise its import-export value to more than 1.4 billion USD in 2019, of which exports are expected to contribute 790 million USD.
The country’s textile-garment export turnover reached 4.89 billion USD over the past two months, up 19 percent year-on-year, according to the Ministry of Industry and Trade (MoIT).
The coffee industry should focus on deep processing in the coming time to increase the quality and added value of its products, according to insiders.
The Ministry of Planning and Investment (MPI) lowered its estimate for Vietnam’s GDP growth to 6.58 percent in the first quarter of this year.
Vietnam will make the best use of open opportunities for result-oriented cooperation generated by the Asia-Europe Meeting (ASEM) to serve its socio-economic development and improve its position in the international arena, head of the Vietnamese ASEM Senior Officials’ Meeting (SOM) Nguyen Minh Hang has said.
Vietnam needs to realise and capitalise on the advantages of each agricultural product so as to boost both production and consumption, said Minister of Agriculture and Rural Development Nguyen Xuan Cuong at a forum in Hanoi on March 5.
The export of marine products is expected to rise by 17 percent to 3.5 billion USD this year despite likely hurdles, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Ministers from 16 Asia-Pacific countries met in Siem Reap, Cambodia on March 2 to negotiate the Regional Comprehensive Economic Partnership (RCEP) in the context of forecasts that participating sides are yet to narrow gaps related to tax and other matters.
Vietnamese companies must know how to take advantage of and mitigate the adverse impacts of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a seminar heard on February 27.
The Ministry of Commerce of Thailand has met with business operators recently to discuss approaches to boosting Thai exports, hoping to achieve an 8 percent annual growth target.
Enterprises in the garment and fishery sectors have set development plans to take full advantage of free trade agreements such as the CPTPP and EVFTA.
The wood and forestry export turnover for this year needs to surpass 11 billion USD, Prime Minister Nguyen Xuan Phuc told the agriculture sector at a forum held in Hanoi on February 22.
Vietnam faces a possible return to a trade deficit this year after three years of enjoying surpluses, experts said pointing to the sharp rise in imports and increasing difficulties facing exports.
The fisheries sector is aiming at 10 billion USD in the export of aquatic products in 2019, a year-on-year rise of 11 percent, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).
Export activities recorded encouraging figures in January, and more growth is on the way, according to the Ministry of Industry and Trade (MoIT).
