The Hanoitimes- The Danish Government set the target of doubling its export turnover to Viet Nam in the period of 2011-2016, said the visiting Danish Minister for Trade and Investment Pia Olsen Dyhr Ms. Dyhr made the statement in her talks with the host Minister of Industry and Trade Vu Huy Hoang on March 7. Ms. Dyhr is on a 3-day working visit to Viet Nam in order to strengthen trade cooperation between the two countries.The visit is considered as an important step toward a strategic cooperation agreement between Viet Nam and Denmark slated for signing on the occasion of the Vietnamese State President’s upcoming visit to Denmark in 2013. In her meeting with Minister Vu Huy Hoang, Ms. Dyhr confirmed that Denmark will boost cooperation with Viet Nam in such fields like energy, environment, health, education, transport and foodstuff. She also reaffirmed Denmark’s support to Viet Nam’s negotiations for an FTA with the European Union because this will … [Read more...] about Denmark targets to double export turnover with VN – Viet Nam – News
Export
Vietnam’s textile – garment exports expected to grow without TPP
Vietnam’s garment and textile sector is still enjoying good growth in exports to the US market even without the Trans-Pacific Partnership (TPP), according to Le Tien Truong, Director General of the Vietnam National Textile and Garment group (Vinatex). Those two countries are also the two main export markets of Vietnam’s garment and textile. Enterprises in the sector have continuously made investment in machines and technology to improve their productivity, reduce cost, thus increasing their competitiveness in the two markets. Truong said TPP only provides one more favourable condition for exports. Truong Van Cam, Vice Chairman of the Vietnam Textile and Apparel Association (VITAS) highlighted potential for Vietnam’s garment and textile export in other markets, including the US. Apart from TPP, Vietnam has signed and will sign a dozen of free trade agreements (FTAs), Cam said, adding that therefore, the US’s withdrawal from the TPP will not affect the … [Read more...] about Vietnam’s textile – garment exports expected to grow without TPP
Bản in : Vietnam’s cashew exports surge in January
HCM City (VNA) – Vietnam's cashew exports in January jumped 15.6 percent year-on-year to 183 million USD, according to the Ministry of Agriculture and Rural Development. In volume terms, they were up 9 percent to 24,000 tonnes. The US, China, and the Netherlands remained the three largest buyers, accounting for 34.3 percent, 14.7 percent, and 12.8 percent of the exports. According to the Vietnam Cashew Association (Vinacas), demand, both abroad and locally, has increased strongly this year and cashew processors and exporters have worked to increase supply. Demand surges in Vietnam and China during Lunar New Year, it said. In the domestic market, the price of raw cashew nut has gone up to around 40,000 VND per kilograme, 1,000 VND up from December. Dang Hong Giang, Vinacas Deputy Chairman, said exports to TPP member countries account for more than 50 percent of the total, with the US being the biggest buyer. The TPP is a good thing for the cashew industry, he said, adding that … [Read more...] about Bản in : Vietnam’s cashew exports surge in January
Bản in : Cashew exports maintains strong growth in first half of 2015
Cashew nut exports in the first half of this year posted strong growth, reaching 150,000 tonnes in volume and 1.08 billion USD in value, according to a conference on promoting the production and consumption of cashews in 2015. The figures released at the conference, held by the Department for Processing and Trade for Agro-forestry-fisheries products and salt production in Ho Chi Minh City on July 2, showed a 14 percent increase in volume and a 28.2 percent surge in value compared with the same period last year. The average cost of each tonne of cashews was 7,080 USD, up 11.64 percent year-on-year. Vietnamese cashew products have been exported to more than 50 countries with the United States, China and the Netherlands as the largest importers accounting for 39.98 percent, 13.12 percent and 10.89 percent, respectively. In addition to the positive results, the delegates at the conference also pointed out challenges the sector will need to face to maintain the growth trend in the … [Read more...] about Bản in : Cashew exports maintains strong growth in first half of 2015
Bản in : Tra fish export forecast to drop 5 percent this year
Hanoi (VNA) - Officials expect Vietnam’s tra fish (pangasius) export value to continue falling this year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). The decrease is due to anti-dumping tariffs, the US programme on monitoring catfish, and pressure from competition selling other types of white-meat fish, the association said. Officials anticipate that the value of the tra fish export will see a year-on-year drop of 5 percent to 1.5 billion USD this year. To regain its value, the domestic fishery industry should seek to sell in more export markets and increase its market shares in existing ones. The association reported that in 2015, the total tra fish export value reached 1.6 billion USD, which was 10 percent lower than that in 2014. Six out of the eight largest export markets for Vietnamese tra fish saw reductions in the export value in 2015 against 2014. The export value of Vietnamese tra fish fell by 5.6 percent to the US, 14.3 percent to … [Read more...] about Bản in : Tra fish export forecast to drop 5 percent this year