Vietnam, Timor Leste sign MoU on rice trade

The Ministry of Industry and Trade (MoIT) and Timor Leste Ministry of Commerce, Industry and Environment signed a memorandum of understanding on rice trade in Hanoi on December 21.
Vietnam, Timor Leste sign MoU on rice trade ảnh 1At the signing ceremony (Source: VNA)

Hanoi (VNA) – The Ministry of Industry and Trade (MoIT) and Timor Leste Ministry of Commerce, Industry and Environment signed a memorandum of understanding on rice trade in Hanoi on December 21.

Addressing the signing ceremony, Deputy Minister of Industry and Trade Tran Tuan Anh said Vietnam will not only be a trustworthy partner of Timor Leste in the fields of farm produce, fisheries and rice but also in garment, leather and footwear and electronics.

Vietnam will also provide all possible support for Timor Leste’s business operations, he said, adding that there remains room for cooperation in energy, oil and gas, and processing.

He said Vietnam wants the Timor Leste government to continue refining policies that encourage investment.

Timor Leste Minister of Commerce, Industry and Environment Constancio da Condeicao Pinto, for his part, affirmed that Timor Leste welcomes Vietnamese enterprises to the country to do business.

He hoped that both countries would work closely together in the areas of oil and gas and mining in the future.

The guest also vowed to complete procedures to approve the bilateral free trade agreement as soon as possible.

According to the MoIT, Vietnam imported goods worth roughly 31 million USD from Timor Leste this year and exported 34 million USD, ranking sixth among 35 countries exporting to the country.-VNA

VNA

See more

NCSoft and VNGGames sign a cooperation agreement to develop products in Southeast Asia. (Photo: VNG)

More RoK’s game developers target Vietnam

Over half of Vietnam's nearly 100 million population being gamers and the country's competitive labour costs are among reasons for Korean gaming firms' expanding presence in Vietnam.

Representatives from the Vietnamese Embassy in the UK, LHR leaders, airline partners, and passengers at the anniversary event (Photo: VNA)

Vietnam Airlines marks 10 years of UK route operations

Vietnam Airlines launched its direct UK route in 2011, initially operating from London Gatwick Airport (LGW) before transitioning to Heathrow in 2015, improving connectivity to one of the UK’s major international hubs./.

President of the Cuban Chamber of Commerce (CCC) Antonio Luis Carricarte Corona. (Photo: VNA)

Cuban commerce official optimistic about bright future of Vietnam-Cuba cooperative ties

President of the Cuban Chamber of Commerce (CCC) Antonio Luis Carricarte Corona hailed Vietnam as Cuba’s second-largest trading partner in Asia and its top investor, spotlighting its foothold in the Mariel Special Development Zone via Viglacera. This zone, he noted, is set to become a pivotal hub for Vietnamese investment in the years ahead.

Imported cars seen at the northern port city of Hai Phong. (Photo: VNA)

Ministry proposes tax cuts for some imported cars

This initiative aims to diversify the supply of imported vehicles, foster competition in the domestic market, and align Vietnam’s tax policies with the evolving trends of the automotive industry.

Minister of Industry and Trade Nguyen Hong Dien and Deputy Prime Minister of the Republic of Belarus Anatoly Sivak sign the meeting minutes. (Photo: VNA)

Vietnam, Belarus unveil key solutions to boost trade

Vietnam and Belarus are set to deepen bilateral cooperation in all fields, particularly in economy-trade and science-technology, through their Intergovernmental Committee mechanism, affirmed Minister of Industry and Trade Nguyen Hong Dien.

Honda Vietnam's new CEO, Sayaka Hattori (Photo: VNA)

Honda Vietnam has new female CEO

Sayaka Hattori, a Japanese national with over 25 years of experience in the automobile and motorcycle industry, was appointed as new CEO of Honda Vietnam on April 1.