Forestry product exports in January is estimated at 903 million USD, a rise of 11 percent over the same period in 2018, reported the Vietnam Administration of Forestry under the Ministry of Agriculture and Rural Development.
South Africa retained its top position among African trade partners of Vietnam in 2018, with bilateral trade topping 1.1 billion USD, up 11.7 percent from 2017 and accounting for 16 percent of total trade between Vietnam and African countries.
More and more Italian firms are intending to move their investment to Vietnam, aiming to turn the country into a gateway for them to enter other Southeast Asian nations, said an expert from the Italian Chamber of Commerce in Vietnam (Icham).
The forestry sector will support the issuance of sustainable forest management certificates on an area of 100,000ha per year as part of efforts to ensure that Vietnamese wood products satisfy all international requirements as the country joins free trade agreements.
Vietnam will be able to boost its wood exports when the Vietnam-European Union Voluntary Partnership Agreement on Forest Law Enforcement, Governance, and Trade (VPA/FLEGT) takes effect.
Trade between Vietnam and Canada in 2018 is estimated at 6.36 billion CAD (4.6 billion USD), up 4.2 percent from the previous year, with the Southeast Asian nation recording a surplus of some 4.34 billion CAD.
The CPTPP, which officially came into force on December 30, 2018, is expected to provide a push for Vietnam to reform its economic institutions and further improve the business climate to optimize opportunities brought by the deal.
Vietnam’s coating and printing ink industries have had annual growth of 13-14 percent in recent years and are expected to grow further, according to the Ministry of Industry and Trade.
Potential for economic cooperation between Vietnam and the Czech Republic was introduced to Czech offices, organisations and enterprises at a seminar in Prague on December 5.
Vietnam’s export of wood and wood-based products is projected to reach 8.85 billion USD this year, up over 1 billion USD from the 2017 record of 7.7 billion USD.
Vietnam’s export of wood and wood-based products is projected to reach 8.85 billion USD in 2018, up over 1 billion USD from the 2017 record of 7.7 billion USD.
Ninety five Vietnamese and foreign companies are showcasing their products at the ninth Vietnam Furniture and Furnishing Fair (VIFA Home) that opened in HCM City on November 16.
Investment chances in Vietnam, especially once the EU-Vietnam Free Trade Agreement (EVFTA) takes effect, were introduced to Italian entrepreneurs at a workshop in Rome on November 9.
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.
E! Kansai e-magazine of the Kansai Bureau of Economy, Trade and Industry, one of the important information channels of Japanese businesses and investors, on November 1 ran an article affirming positive prospects for economic cooperation between Vietnam and Japan in the coming time.
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.
Prime Minister Nguyen Xuan Phuc on October 29 welcomed a delegation from the European Parliament (EP)’s Committee on Fisheries led by Gabriel Mato, MEP and committee spokesperson.
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