Trade

Cement exports continue to grow What do you think about cement being exported at a price lower than its domestic price? It is important to acknowledge that the cement industry has a major negative impact on the environment. However, the industry’s development for the domestic market is necessary. When supply exceeds demand in the domestic market, it is necessary for businesses to export product even at a price lower than the domestic price to avoid amassing inventories and earn foreign currency revenues. However, in the long run, exporting cement at such a low price is not sustainable given production costs and the price of similar products in other countries. The low export price is attributed to the lower quality of Vietnamese cement compared to other countries’ products? That’s partially true. Small to medium-sized enterprises, in particular, apply poor production technology and therefore cause great environmental pollution. In general, the Vietnamese … [Read more...] about The cost of Vietnam’s cement export growth

Deputy Minister of Industry and Trade Do Thang Hai said the “Vietnamese Goods Identification - Proud of Vietnamese Goods” program 2018has entered a new period of development, with a focus on producer-distributor links. The Buy Vietnamese Goods campaign has been implemented for nine years to increase the presence of Vietnamese goods in more than 9,000 points of sales nationwide. From 65-95 percent of all goods distributed domestically are Vietnamese goods, with the rate in such leading distribution channels as Co.opmart, Satra, and Vissan reaching 90-95 percent. Bui The, Deputy Director of the Lam Dong Province Department of Industry and Trade said regional connectivity has expanded the market for Vietnamese products. Vo Phuong Thuy, Deputy Director of the Dong Thap Province Department of Industry and Trade said the number of enterprises participating in the rice production and sales connectivity program has increased yearly. Le Viet Nga, Deputy Director of the Ministry of … [Read more...] about Push underway to connect producers and distributors

Saigon Times to hold conference on Japanese marketThe Saigon Times Daily Food made of rice flour such as rice vermicelli and pho (Vietnamese dried noodles) are favorite items of Japanese consumers. The upcoming conference held by the Saigon Times Group will help local firms gain insights on the Japanese market - PHOTO: TAM AN HCMC – Local firms will have the opportunity to gain insights on the Japanese market in preparation for deeper penetration into the eastern Asian country by attending a conference on ways to expand their businesses into Japan, which is slated to take place on November 29 at the headquarters of the Saigon Times Group in HCMC. The event, titled, “Expand Business into Japan,” will be organized by the Saigon Times Startup Supporting Group, under the Saigon Times Group, in collaboration with ChatWork company. Participants of the event will be informed of the current demands of the Japanese market, particularly the Japanese people and … [Read more...] about Saigon Times to hold conference on Japanese market

Enterprises should prepare for stricter EU chemical regulationsBy Thuy Dung Employees are working at a garment company for exports in this file photo. Local exporters were advised to stay updated on the latest regulations on chemicals and make thorough preparations when exporting products to Europe - PHOTO: VGP HANOI – Vietnamese exporters were advised to stay updated on the latest regulations on chemicals and make thorough preparations when exporting products to Europe, as the European Union (EU) has recently enacted stricter REACH Regulations. REACH is the European Regulation on Registration, Evaluation, Authorisation and Restriction of Chemicals, which came into force in 2007. It is considered the most stringent set of international regulations on the use of chemicals in manufacturing. In particular, businesses that export an annual volume of at least one ton of chemicals to the EU have to register. This new regulation took effect in May this year, with an aim to … [Read more...] about Enterprises should prepare for stricter EU chemical regulations

This is the third time that Vietnam FoodExpo welcomes the participation of Italian businesses from all parts of Italy in the event to introduce their leading products and brands. They are COOPERATIVA PRODUTTORI SUINI PROSUS S.C.A. that specializes in processing and supplying pork products; DIVELLA F. S.P.A. that is proud of its pasta, tinned and bottled tomatoes, biscuits, pure olive oil, balsamic vinegar, tinned beans, rice, etc.; FITNESS COFFEE GVM that produces and exports coffee, tea and barley; PASTIFICIO F.LLI CELLINO S.R.L. that produces pasta; WORLD OF ITALY SRL that specializes in canned foods like peeled tomatoes, chopped tomatoes, pizza sauce, tomato paste, vegetables, beans, pasta sauces, red and green pesto, olive oil and balsamic vinegar. Particularly, at this event, the Italian Pavilions introduced the “World Week of Italian Cuisine” and the “MACFRUT 2019 – Fruit and Veg Expo” – that will be held by CESENA FIERA SPA at Rimini Expo … [Read more...] about A taste of Italian delights served at FoodExpo 2018