The craft beer producer estimates that orders, mainly from supermarkets, restaurants, and companies, have reached nearly 3,000 barrels, while with its available inventory of ingredients, it can only deliver 2,500 barrels for the upcoming Lunar New Year celebrations. … [Read more...] about Businesses in talks for exporting craft beer named after Vietnam’s two archipelagos
India japan business cooperation committee
Vietnam Peace Committee hails the entry into force of treaty banning nuclear weapons
The committee called on all peace movements, people’s organisations and peace lovers in the entire world to strengthen solidarity and cooperation to better fight against nuclear weapons and other weapons of mass destruction, to realise a world of peace, stability and sustainable development. … [Read more...] about Vietnam Peace Committee hails the entry into force of treaty banning nuclear weapons
Enterprises yet to make use of EVFTA when exporting agricultural products to EU
According to Mr. Nguyen Quoc Toan, Director of the Agro Processing and Market Development Authority under the Ministry of Agriculture and Rural Development (MARD), every year, the EU imports agricultural products with a total value of about US$160 billion. Vietnam has many dominant commodities, but some products have not made the most of the advantages from the EVFTA to export to the EU. For instance, Vietnam is the world’s largest cashew nut exporter, but it has not yet benefited from exporting processed cashew to the EU market. Despite the advantage of a quota of 20,000 tons, the cane sugar industry has not had any optimistic signals yet. Honey exports to the US are the highest, followed by China and Japan, but honey exports to the EU remain modest. With the addition of the EU market, it will diversify markets and prevent breakages of the supply chain. Moreover, exporters will not be on the back foot, looking for new markets. Under the EVFTA, deeply-processed products from … [Read more...] about Enterprises yet to make use of EVFTA when exporting agricultural products to EU
Vietnamese firms thrive despite divestment of foreign shareholders
Hanoi (VNS/VNA) - The increase in Vietnam's stock market has helped foreign shareholders implement their disinvestment plans in Vietnamese enterprises. However, these activities will not have a significant effect on companies' internal systems. Foreign shareholders play important roles in supporting business activities and creating a good image for public listed companies. After achieving initial cooperative targets, some organisations plan to disinvest. Vietnamese companies witnessed the withdrawal of many foreign investors, but their businesses are still growing due to accumulative management skills during the cooperation period. Lucerne Enterprise Ltd and NS Advisory Inc Pte.Ltd of Nikko Indonesia sold millions of Licogi 16 (LCG) shares at the end of 2020. The Indonesian shareholders started to invest in LCG in 2014. The LCG shares price ended last Friday at 14,750 VND, up 96.4 percent year-on-year. The share price almost hit a … [Read more...] about Vietnamese firms thrive despite divestment of foreign shareholders
Vietnam-US friendship thrives after a quarter of a century
Son recalled that following the signing of the BTA, there was a major change in Vietnam’s exports to the US. Aside from garment-textile and footwear, which already affirmed their position in the market, agro-forestry-fishery products, and most recently electronic components and wooden products, made them onto the list of key export items. … [Read more...] about Vietnam-US friendship thrives after a quarter of a century