Vietnamplus

Major member economies of the Asia-Pacific Economic Cooperation (APEC) forum, including the US, Japan, the Republic of Korea (RoK) and China, could make up 74-75 percent of Vietnam’s total garment-textile export turnover in the coming time.

Deputy Prime Minister Vuong Dinh Hue has described Vietnam as a promising market for Deloitte Global while meeting with its Chairman David Cruiskshank in Hanoi on November 13.

Vietnam has been considered as a “fertile land” for foreign food firms as many trademarks from the Republic of Korea (RoK), Japan and Thailand are seeking ways to penetrate the 93 million-strong market.

Sweden’s wood materials industry sees Vietnam’s wood processing industry as a potential market for its eco-friendly, competitive and sustainable materials, speakers at a seminar said.

Volkswagen, a German multinational automotive manufacturing company, plans to introduce nine automobile models from middle-class to high-end designs at the Vietnam International Motor Show 2017 to be held in Ho Chi Minh City from October 25-29.

Financial leasing institutions are the lastest solution to resolve capital shortages of local businesses, especially small- and medium-sized enterprises (SMEs).

Aquatic product exporters should devise proper strategies to make inroads into to China – a potential but choosy market, experts said at a workshop held in Ho Chi Minh City on August 30.

Vietnam is a potential market to which Indian businesses are seeking opportunities to boost export of textile machines and equipment, said N.D. Mhatre, Director General (Technical) of the Indian Textile Accessories and Machinery Manufacturers Association (ITAMMA).

A conference introducing export potential of Vietnam’s garments, handbags and leather footwear to the Australia market was held in Hanoi on July 10.

The Health Ministry discussed a strategy to develop the pharmaceutical industry at a seminar in Hanoi on June 27.

Australia is a choosy but promising market with large consumption capacity, Vice President of Australia-Vietnam Business Council Cann Lee has said.

Industrial and agricultural firms from Gyeongsangbuk province of the Republic of Korea see Vietnam as a great potential market for their products, according to the province’s Vice Governor.

Russia is a potential market for aquatic and agricultural products and consumer goods from Vietnam, especially when the Vietnam-Eurasian Economic Union (EAEU) Free Trade Agreement took effect.

Vietnam is a potential market for firms specialised on processed agricultural products from the Republic of Korean (RoK).

Vietnam’s exports to the EU grew significantly in recent years, with Vietnam’s trade surplus in the market reaching nearly 20 billion EUR in 2015, mostly from exports of agricultural products.

Hong Kong based insurer FWD Group is working to quickly establish its presence in Vietnam as the country has a huge growth potential on insurance market with more than 90 million people.

Australia, which needs to import 1.7 – 2 billion USD of fruit and vegetable each year, is a potential market for Vietnamese fruit and vegetable.

Vietnam’s 90 million consumers and increasing number of middle-class households nake it a potential market for agricultural, industrial and service products from the European Union (EU).

JYSK, a global furniture brand from Denmark, will inaugurate its first store at Aeon Mall in Hanoi on October 28.

The Australian Associated Press (APP) news agency on October 17 reported that business ties between Australia and Vietnam are expected to grow further after the TPP comes into effect.